38 Sedgehill Road, Elizabeth North, SA 5113

This fantastic 3-bedroom, 1-bathroom home presents a smart investment opportunity with a reliable, neat, and tidy tenant already in place. Whether you're looking to grow your portfolio or secure a ready-to-go rental, this property ticks all the boxes.

 Features Include:

3 well-sized bedrooms, main bedroom with built-in robes

Spacious living area and functional layout

Electric stove in the well-appointed kitchen

Modernized outdoor pergola, perfect for entertaining

Paved entertaining area in a low-maintenance, neat and tidy yard

Outdoor spaces are ideal for low-maintenance living and entertaining, while the indoor layout ensures comfortable everyday living for tenants or future owners.

Currently returning $430 per week, this property offers a secure income stream with the potential for longer tenancy. Current lease in place til 7th March 2026.

Estimated rental return $450.00 - $470.00 per week

But there's more than meets the eye-this property has loads of potential. It will strongly appeal to buyers who aren't afraid to roll up their sleeves and unlock further value, whether through light cosmetic upgrades or more strategic improvements down the track. It's a perfect option for investors who want to get the most out of their investment while benefiting from a strong starting position.

Set-and-forget, or renovate-and-reward-the choice is yours.

Year Built - 1960 (approx.) 
Wall Construction - Brick Land Size - 541m2 (approx.) 
Zoning - GN - General Neighbourhood
Local Council – Playford
Current Rental Return - $430.00 per week (approx) Currently tenanted til 07/03/2026
Estimated Rental Return - $450.00 - $470.00 per week (approx)
Council Rates - $456.28 p/q (approx.)(based on 2024 rates)
 Water Rates + Sewerage (excluding Usage) - $176.30 p/q (approx.) 
Es Levy - $138.70 p/a (approx. - FY 24/25) 
Easement(s) - no
Encumbrance(s) - yes