Impressive Investment Opportunity to Secure Two Easy Care Homes!

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Mike Lao and Edge Realty are proud to present to the market this rare and sought-after opportunity to secure two side-by-side properties offering incredible rental returns. Both homes are designed for easy-care living and are currently tenanted returning $475 per week. 30 Richardson has a current fixed lease of $235 per week in place until 03.06.2022 & 32 Richardson has a current fixed lease of $240 per week in place until 08.04.2022.

The quiet yet convenient cul-de-sac location will impress a wide range of astute house-hunters as will the expansive approximate 1,543sqm total land size.

The homes are virtually identical with mirrored floorplans that provide three bedrooms and one bathroom per residence.

A shared covered verandah runs along the front of the entries which open to reveal generous living zones that feel bright and inviting. Each home has a lounge room and an open-plan kitchen and meals area ensuring plenty of room to gather with loved ones or host guests in comfort and style.

All six bedrooms are generous in size and run off the living areas while the bathrooms are set at the rear of the properties with separate toilets promising convenience for the busy family. From the laundry, you can make your way outside to the large and separate backyard with space for the kids to play, family pets to run free or to create vibrant gardens and even add a pool (STCA).

There is just so much to love about this must-see property including:
- Potential to update, modernise and add instant value to the homes
- Ample off-street parking space for both residences on the driveways
- Gated side access to the backyard for parking and added convenience
- One home offers a ceiling fan in the lounge and air-con in the kitchen
- Security doors and window grills to the properties for peace of mind

With such a central location, it's not hard to see why these properties attract a wide variety of eager tenants. Kaurna Plains School and Elizabeth South Primary School are both within easy walking distance and you're just moments from Playford College. A leisurely stroll will take you to the picturesque Ridley Reserve while Elizabeth South train station and the bustling Elizabeth City Centre are nearby. Easy access to Main N Road ensures you're never far from everything you could need.

Call Mike Lao to inspect!

Year Built / 1961 (approx)
Total Land Size / 1,543 sqm (approx)
Zoning / EN-Established Neighbourhood
Local Council / City of Playford
Title / Torrens Title
Easements / Subject to Party Wall Rights & Service Easement for Sewerage Purposes - See Title
Internal Living / 115.3 sqm (approx)
Total Building / 130.7 sqm (approx)

30 Richardson
Land Size / 929 sqm (approx)
Frontage / Irregular 8.67 m (approx)
Council Rates / $1,347.60 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $74.05 pa (approx)
Current Rental / Current fixed lease of $235 per week in place until 03.06.2022

32 Richardson
Land Size / 614 sqm (approx)
Frontage / Irregular - 11.79 m (approx)
Council Rates / $1,347.60 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $74.05 pa (approx)
Current Rental / Current fixed lease of $240 per week in place until 08.04.2022

Edge Realty 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.


  • Air Conditioning


  • L11221836
  • Under Contract in 1 Week!
  • House
  • For Sale
  • 30 & 32 Richardson Road ELIZABETH SOUTH SA
  • 6
  • 2
  • 2
  • 115 sqm
  • 1543 sqm
  • 2
  • $1,130 Per Year
  • $2,694 Per Year