14 Grimstead Street, Elizabeth North, SA 5113 | House for sale | OnTheHouse
 
FOR SALE
$699,000 - $739,000

14 Grimstead Street
Elizabeth North SA 5113

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 343m2
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Modern Investment Opportunity with Long-Term Tenants in Place

Positioned on a low-maintenance 343m² (approx.) allotment, this well-presented four-bedroom home offers a fantastic opportunity for investors seeking immediate returns with the security of a long-term tenancy already in place until April 2027.
Built in 2009, the home features a functional and family-friendly floor plan designed for comfortable everyday living. At the heart of the home is the spacious open plan living and dining area, complete with floating timber flooring, a breakfast bar and a large split-system air conditioner, creating the perfect space to relax or entertain.
The generous master suite is positioned at the front of the home and offers a walk-in robe and private ensuite, while the remaining three bedrooms are well-sized, with two featuring built-in robes. Soft carpet underfoot in all bedrooms provides added comfort, while window furnishings throughout complete the home.
Outside, you'll appreciate the easy-care lifestyle with artificial lawn, low-maintenance gardens, side gate access and the convenience of two front roller doors plus a drive-through rear roller door, providing secure parking and additional access for trailers or recreational vehicles.
Conveniently located close to schools, shopping and public transport, this property offers an outstanding investment in a high-demand location.
Currently leased until April 2027 at $550 per week, this is a set-and-forget investment with reliable rental income from day one.
Features You'll Love:
Four generous bedrooms
Master bedroom with walk-in robe and private ensuite
Two additional bedrooms with built-in robes
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Property Details for 14 Grimstead St, Elizabeth North

14 Grimstead St, Elizabeth North is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 343m2 and floor size of 144m2. The place is currently for sale with Smith Partners Real Estate.

Building Type
House
Year Built
2009
Floor Size
144m2
Land Size
343m2
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About Elizabeth North 5113

The size of Elizabeth North is approximately 1.8 square kilometres. There are 10 parks, covering nearly 10.5% of the total area. The population of Elizabeth North in 2016 was 3463 people. By 2021 the population was 3588 showing a population growth of 3.6% in the area during that time. The predominant age group in Elizabeth North is 20-29 years. Households in Elizabeth North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth North work in a labourer occupation.In 2021, 40.50% of the homes in Elizabeth North were owner-occupied compared with 41.80% in 2016.

Elizabeth North has 1,845 properties. Over the last 5 years, Houses in Elizabeth North have seen a 185.67% increase in median value, while Units have seen a 175.22% increase. As at 30 June 2026:

  • The median value for Houses in Elizabeth North is $583,440 while the median value for Units is $523,343.
  • Houses have a median rent of $488 while Units have a median rent of $415.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Elizabeth north on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Elizabeth north.

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Michelle Pumpa
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Smith Partners Real Estate
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