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Back 1-5/24 Mawson Road
Off Market

1-5/24 Mawson Road

Salisbury SA 5108

5
5
1036 m²
Block of units
Last sold for $1,692,000
Michael CavuotoMichael Cavuoto, last sold this property on 29 March 2026 after 23 days on market.

Overview

PROPERTY SOLD AT AUCTION!

An outstanding opportunity presents itself at 1-5/24 Mawson Road, Salisbury, offering investors the rare chance to secure an entire group of five one-bedroom units on a generous 1,040sqm allotment. Opportunities like this are seldom available and present immediate rental income with exciting potential to further enhance and add value over time. Each unit is currently tenanted, providing a combined rental return of $1,550 per week, making this an attractive addition to any investment portfolio. The units are well maintained and in good overall condition, while also offering scope for cosmetic upgrades or renovations to further maximise rental returns and capital growth. Investment Highlights: • Entire group of 5 one-bedroom units offered in one line • Positioned on a substantial 1,040sqm allotment • Current total rental return of $1,550 per week • Unit 1 - $350 per week • Unit 2 - $300 per week • Unit 3 - $250 per week • Unit 4 - $300 per week • Unit 5 - $350 per week • Units in good condition with potential to renovate and add value • Ideal opportunity for investors seeking strong cash flow and long-term growth Perfectly positioned in the heart of Salisbury, the property is conveniently located close to local shops, schools, public transport, and major amenities, making it an appealing option for tenants and investors alike. This is a rare and versatile investment opportunity with immediate income and the potential to unlock further value in the future.

Features

5 bedrooms
5 bathrooms
1036 m² lot size
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Salisbury over the last 12 months.

Property history for 1-5/24 Mawson Road

2026
Sold
$1,692,000
29 Mar 2026 by Michael Cavuoto, of Ray White Flinders Park

Happy sellers in Salisbury

88%
88% of sellers in Salisbury reported that their sale price either exceeded or met their price expectations.

Salisbury stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Salisbury over the last 12 months.

Local market activity for 5 bedroom block of units in Salisbury

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