A rare and exciting opportunity awaits investors, developers and land-bankers with two tenanted properties on one title, positioned on a substantial combined landholding of approximately 1,351m². Offering immediate rental income, dual occupancy appeal and outstanding long-term potential, 133 & 135 Goodman Road represents the type of holding that is becoming increasingly hard to secure.
Both homes are currently tenanted, allowing purchasers to benefit from income from day one while exploring future options for the site, subject to all necessary consents. Whether you are looking to strengthen your portfolio, secure a large landholding in an established northern suburbs location, or plan for future redevelopment potential, this offering delivers exceptional flexibility.
Each property features a practical three-bedroom layout, one bathroom and a double carport, making them well suited to tenant demand. The homes provide functional accommodation with separate living, kitchen and bedroom spaces, offering broad appeal for families, couples and long-term renters seeking space, convenience and accessibility.
The generous total land size is a standout feature, providing approximately 1,351m² across the title. With two existing dwellings already in place, the property offers strong holding value while leaving room for future improvement, renovation, redevelopment or reconfiguration possibilities, subject to council approval and all relevant requirements.
The location adds further appeal, with Elizabeth South offering excellent access to local schools, shops, parks and public transport. Major shopping, services and entertainment options are available nearby at Elizabeth City Centre, while surrounding reserves, sporting facilities and community amenities support strong tenant and family appeal. The property also enjoys convenient access to Main North Road, Salisbury Highway and public transport connections, making commuting throughout the northern suburbs and toward Adelaide straightforward.
• Two properties on one title
• Combined land size of approximately 1,351m²
• Both properties currently tenanted
• Immediate dual rental income opportunity
• Each home offers three bedrooms
• Each home includes one bathroom
• Double carport to each property
• Established residential location
• Strong tenant appeal
• Excellent long-term landholding opportunity
• Potential future value-add or redevelopment options, subject to consents
• Close to schools, shops, parks, public transport and major road links
For investors, this is a standout opportunity to secure two income-producing homes under one title, with the added advantage of a large landholding in a well-connected Elizabeth South location. Opportunities of this scale and structure are limited, making this an appealing option for those seeking immediate returns with long-term upside.
Contact Luke Alexander from Professionals Elizabeth to arrange your inspection or request further information.
All property details, land size, tenancy information and potential future uses should be independently verified. Development or subdivision potential is subject to all necessary consents.
Investor Note:
For investors, this property offers immediate income from two tenanted homes, combined with the long-term advantages of a substantial 1,351m² allotment. A rental appraisal can also be provided on request.
Whether you purchase this property or another through a different agency, our dedicated Asset Management team is here to help you maximise your investment from day one. We can provide a detailed rental appraisal on this property, outline current market rental returns, and develop a tailored strategy to attract and secure high-quality tenants. With proactive management and a focus on long-term performance, we’ll ensure your investment is positioned to deliver strong, consistent returns well beyond settlement.