3 Elderslie Ave, Fitzroy is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 818m2.
Opportunities like this almost never hit the market. Sitting proudly on a huge 818sqm allotment with 20m frontage and prized rear lane access, this premium Fitzroy holding is one of the rarest offerings youll find.
Currently configured as two tenanted residences, each home offers three bedrooms, two bathrooms, a formal lounge, kitchen with meals area, and adjoining casual living space. Residence 1 has the benefits of a more modern refurbishment and an exclusive side courtyard, while both residences feature their own outdoor entertaining areas and garden sheds, plus a shared backyard that can easily be separated to suit. Together they provide a dual income stream with excellent flexibility.
At the rear, the shared private road leads to a four-car garage with side-by-side parking, a rare feature that adds immense flexibility and value to the property.
With its unbeatable location and impressive scale, this remarkable property is ideal to be adapted for multi-generational living or reimagined into a landmark family estate. This is a genuine once-in-a-lifetime chance to secure an impressive landholding in one of Adelaides most tightly held suburbs.
Invest, redevelop, or create a showpiece family estate (STPC). However you envision it, this is a genuine once-in-a-generation chance in one of Adelaides most desirable postcodes.
The rear yard tree has been identified as a Peppercorn Tree, listed on the Ministers Notice List of Exempt Species, and not classified as significant under the Plan SA Planning & Design Code for the City of Prospect. Based on this, Plan SA is likely to support its removal, though professional advice is recommended.
Nearby schools include North Adelaide Primary, Prospect Primary, Rosary, Blackfriars, Prescott College, Wilderness, St Dominics, St Peters College, Christian Brothers College, & PAC
SPECIFICATIONS:
CT // 5536/133
Zone // Established Neighbourhood
Built // 1900
Land // 818sqm
Frontage // 20.73m
Council // City of Prospect
Council Rates // $3,910.64 per annum
SA Water // $289.25 per quarter + usage
ESL // $289.25 per annum
Tenancy // #1-Periodical @ $500pw #3-Periodical @ $580pw
Estimated Rent // Written assessment provided upon request
DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
The size of Fitzroy is approximately 0.3 square kilometres. The population of Fitzroy in 2016 was 781 people. By 2021 the population was 783 showing a population growth of 0.3% in the area during that time. The predominant age group in Fitzroy is 60-69 years. Households in Fitzroy are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 74.70% of the homes in Fitzroy were owner-occupied compared with 77.00% in 2016.
Fitzroy has 299 properties. Over the last 5 years, Houses in Fitzroy have seen a 117.97% increase in median value, while Units have seen a 82.86% increase. As at 31 October 2025:
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