40 Fifth Street, Cleve, SA 5640 | House for sale | OnTheHouse
 
FOR SALE
$420,000

40 Fifth Street
Cleve SA 5640

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 1027m2
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SOLID, SPACIOUS & HIGHLY VERSATILE FAMILY RESIDENCE

MULTIPLE LIVING SPACES, OUTDOOR ENTERTAINMENT AREA, & SHEDS
Positioned in a practical and well-connected location, this solid 1970s style brick-veneer residence delivers exceptional space, flexibility, and future potential.
Comprising three distinct living zones and a total of six bedrooms, 40 Fifth Street presents a compelling opportunity for growing families, multi-generational living, or buyers seeking an integrated work-from-home or income-generating solution.
The original residence is structurally sound and well-maintained externally, while the interior provides a blank canvas for buyers to modernise and add value. A spacious front lounge welcomes you upon entry, flowing seamlessly into the dining area and adjoining kitchen. Three well-proportioned bedrooms are serviced by a centrally located bathroom and separate toilet, ensuring a practical and functional floorplan.
A standout feature of the home is the enclosed alfresco entertaining area, designed to enhance indoor-outdoor connectivity. With sliding door access and excellent protection from the elements, this space is ideal for year-round entertaining or relaxed family living, seamlessly linking the primary residence to the rear accommodation.
The third section of the property significantly enhances its appeal, offering a self-contained and highly versatile retreat. Whether utilised as a teenage sleepout, guest accommodation, Airbnb opportunity, or dedicated workspace, this zone includes three additional bedrooms, all equipped with split system air conditioning, ceiling fans, and built-in robes, along with its own bathroom, laundry, and toilet facilities.
Further complementing the property is extensive shedding and infrastructure, including a substantial steel-framed shed (approx. 9m x 9m) and a powered workshop/garage (approx. 7m x 6m), both with concrete flooring and ideal for trades, storage, or hobby use. Sustainability is addressed with a solar system and two large 22,700L rainwater tanks plumbed to the home.
Set on a generously sized, low-maintenance allotment, the property offers ample outdoor space, including a paved BBQ area, making it perfectly suited to families seeking functionality without the upkeep.
Conveniently located between local sporting facilities and main street amenities, this property represents a rare opportunity to secure a spacious and adaptable home without the delays and costs of building.
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Property Details for 40 Fifth St, Cleve

40 Fifth St, Cleve is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1027m2 and floor size of 174m2. The place is currently for sale with Elders Real Estate Cleve.

Building Type
House
Floor Size
174m2
Land Size
1027m2
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About Cleve 5640

The size of Cleve is approximately 548.7 square kilometres. There are 11 parks, covering nearly 6.2% of the total area. The population of Cleve in 2016 was 941 people. By 2021 the population was 953 showing a population growth of 1.3% in the area during that time. The predominant age group in Cleve is 60-69 years. Households in Cleve are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cleve work in a managers occupation.In 2021, 75.00% of the homes in Cleve were owner-occupied compared with 72.60% in 2016.

Cleve has 687 properties. Over the last 5 years, Houses in Cleve have seen a 143.08% increase in median value. As at 31 July 2026:

  • The median value for Houses in Cleve is $339,545 while the median value for Units is $297,402.
  • Houses have a median rent of $340.
There are currently 8 properties listed for sale, and no properties listed for rent in Cleve on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Cleve.

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Nick Schumann
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Elders Real Estate Cleve
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