14 Gunther Street

Elizabeth Grove SA 5112

Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this outstanding opportunity to secure two semi-detached homes, each on its own title, set on a combined 1,114sqm (approx) of land with an impressive 28m frontage (approx). Whether you're looking to landbank, invest, or explore future development potential (Subject to Approval from Council & All Other Relevant Authorities), this property offers a strong combination of size, flexibility and immediate rental return. Both properties are currently tenanted and bring in a total of $800 per week, making it a smart addition to any portfolio.

Step inside and you'll find both homes offer easy-care living, with each featuring a spacious air-conditioned lounge room finished with character Baltic pine floorboards that flow throughout. The open plan kitchen and meals area includes electric cooking appliances, overhead cupboards, built-in pantry and ample bench space, providing a functional hub for everyday living.

The home at 12 Gunther Street features two bedrooms plus a study area that could easily be adapted for extra storage, a kids play area or work-from-home space. Next door at 14 Gunther Street, you'll find three bedrooms, the master with a mirrored built-in robe. Both homes have a well-positioned main bathroom and separate toilet located at the rear, alongside a practical laundry area with direct access to the backyard.

Step outside to discover expansive rear yards that offer plenty of scope for transformation. There's room for future extensions, landscaping, or redevelopment down the track, making this a property with excellent future potential.

Key features you'll love about this home:
- Combined land size of approx 1,114sqm with 28m irregular frontage
- Current rental income of $800 per week
- Air-conditioned living areas
- Baltic pine floorboards throughout
- New hot water unit and oven at #14
- Carport with rear access at #14 and a parking bay behind the double gates at #12
- External sheds for storage

Located within walking distance of the local bus stop and numerous reserves and sporting clubs, this home is perfectly positioned for family living. Shopping is a breeze with Elizabeth City Centre, Saints Shopping, and the local IGA all nearby. Elizabeth Grove Primary School is across the road while St Augustine Parish, St Mary Magdalene's School, Playford International, and Salisbury East High School are within easy reach. For added convenience, the Lyell McEwin Hospital, emergency clinic, and a 24-hour pharmacy are only minutes away, ensuring peace of mind for you and your family.

Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!

Year Built / 1962 (approx)
Land Size / 1,114sqm (approx)
Frontage / Irregular - 28m (approx)
Zoning / HDN-Housing Diversity Neighbourhood
Local Council / City of Playford
12 Gunther Council Rates / $1,853.35pa (approx)
14 Gunther Council Rates / $1,804.10pa (approx)
Water Rates (excluding Usage) / $677pa per property (approx)
Es Levy / $107.95pa per property (approx)
12 Gunther Current Rental / Fixed lease of $400pw until 1/2/2026
14 Gunther Current Rental / Fixed lease of $400pw until 1/8/2026
Estimated Rental / $400-$440pw
Title / Torrens Title 5736/321 & 5736/322
Easement(s) / Subject to party wall rights and service easement for sewerage - See title
Encumbrance(s) / Nil
Internal Living / 167.9sqm (approx)
Total Building / 245sqm (approx)
Construction / Solid Brick
Gas / Not Connected
Sewerage / Mains
Selling Investment

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/pLxi0K

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.