Chris Janzon & Marco Fellegvari from eXp Realty are proud to present a rare and exciting opportunity with these two adjacent properties located at 20 & 22 Holcomb Street, Elizabeth East, SA. This offering encompasses a substantial land holding of approximately 1,731 square meters, providing a wealth of possibilities for developers, investors, or those seeking a significant rental portfolio addition. The two properties boast a combined street frontage of approximately 28.3 meters, which opens a multitude of development options (STCC), including the potential to subdivide into 5-7 allotments. The expansive land is dotted with mature trees and offers ample space for outdoor activities or future landscaping projects. Both homes on the properties feature three bedrooms, updated kitchens and bathrooms, and comfortable living spaces, complete with ducted air conditioning, built-in robes, and secure parking. The interiors are inviting and well-maintained, with room for potential enhancements to add further value. The strategic location of these properties is a key highlight, being within walking distance to Elizabeth City Centre, TAFE SA Elizabeth Campus, and the train station. The proximity to schools, parks, and public transport options further enhances the appeal of this investment. As a rental proposition, the properties are ready to generate a combined income of approximately $800+ per week. Alternatively, the substantial parcel of land presents a prime canvas for a visionary development project. Seize the opportunity to invest in one of Elizabeth East's most promising offerings. Contact Chris Janzon & Marco Fellegvari for more information and to explore the endless potential that awaits at Property Overview: 20 Holcomb Street, Elizabeth East: - Land Size: 830m² - 3 bedrooms, 1 bathroom, and space for 2 cars - Updated kitchen and bathroom - RC Air conditioning and ceiling fans - Fresh paint would further enhance the property, but it is already in good condition - Year built: 1960 - Dwelling size: 88 sqm (approx.) - Council Rate:$1512/Annually - Water rate: 250/Quarter - Council: Playford - NBN - Roller Shutters 22 Holcomb Street, Elizabeth East: - Land Size: 902m² - 3 bedrooms, 1 bathroom, and space for 2 cars - Updated bathroom, roof, and gutters - Ducted Reverse cycle air conditioning, NBN-ready, and ceiling fans - Roller shutters and built-in wardrobes - Year built: 1960 - Dwelling size: 88 sqm (approx.) - Council Rate:$1512/Annually - Water rate: 250/Quarter - Council: Playford - No Easements Investment Potential: Both properties are currently rental-ready, with a combined rental income of approximately $900 per week. Alternatively, explore subdivision possibilities with 5-7 blocks (subject to council approval) thanks to the combined 28m frontage. Location Highlights: Close to schools, public transport, and parks Walking distance to Elizabeth City Centre, TAFE SA Elizabeth Campus, and the train station Easy access to shopping, dining, and recreational facilities Why Invest Here? This unique dual-property offering gives you flexibility-whether you're seeking long-term rental returns or planning a future development project. Secure your stake in this rapidly growing area, with these properties sitting on a rare large allotment ideal for future subdivision. For further details or to schedule a viewing, contact: Chris Janzon & Marco Fellegvari | eXp Realty Disclaimer: The information provided has been prepared by eXp Australia Pty Ltd ("the Company") and its agents. While every effort has been made to ensure accuracy, the Company makes no guarantees regarding the information's completeness or correctness. Prospective buyers should conduct their own investigations and seek independent legal or professional advice. This version sharpens the ad with a more polished flow, emphasising the properties' features, investment appeal, and development potential.