17 Martin Road, Elizabeth East SA 5112

Reserve backing in a growth corridor | 687m² with subdivision potential | three-bedroom original condition | first-home or investor edge. The property’s strongest buying case rests on its rare combination of a generous 687m² lot backing a reserve, within a suburb showing 16% growth. The 1978 build offers a solid shell with three good bedrooms and a separate powder room, meaning a buyer can occupy immediately while planning value-add work. This house serves first-home buyers wanting land and future equity, or investors seeking a subdividable site subject to Playford approval-the 21.5-metre frontage and no easements are unusually clean for the price band. The main risk is the single bathroom and carport, which may limit appeal to families until upgraded. The subdivision opportunity carries council risk and cost, but the reserve position and 197m² building coverage leave meaningful rear land for a second dwelling or large shed. Rental return at $470–$500 per week is solid for the entry point. Hold this property for its land bank potential, renovate the bathroom and kitchen to lift value, or develop if approvals align-the core logic is the lot, not the house.