*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://shorturl.at/gAiiD
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market an exciting opportunity to secure a solid three bedroom home set on a generous 508sqm (approx) allotment, offering immediate rental income alongside comfortable living for owner occupiers. Whether you are looking to invest with confidence or move in and make it your own, 7 Melbury Street delivers a practical layout with plenty of space to enjoy now and enhance over time. Currently tenanted on a fixed lease returning $430 per week until 15/10/26, the property presents an excellent set and forget investment with reliable income already in place.
Step directly into the front lounge where natural light filters through and pine floorboards flow underfoot, creating a warm and low maintenance living space. A reverse cycle air conditioning unit ensures year round comfort, while roller shutters to the front windows add an extra layer of privacy, security and climate control.
The adjoining kitchen and meals area is functional and well positioned for everyday living, offering ample cabinetry, bench space and easy access to the rear of the home. Accommodation includes three well proportioned bedrooms, all serviced by a central bathroom complete with a shower, vanity and separate toilet for added convenience. The master bedroom is fitted with a ceiling fan, providing additional comfort during the warmer months.
Outside, the home continues to impress with a large backyard that provides plenty of room for outdoor living, entertaining or future improvements (STCA). A rear verandah creates a shaded space to relax, while the separate garage offers secure storage or parking. The expansive yard also provides flexibility for those needing extra space for vehicles, trailers or simply room to move.
Key features you'll love about this home:
- 508sqm (approx) allotment
- Fixed lease at $430 per week until 15/10/26
- Three bedrooms, master with ceiling fan
- Reverse cycle air conditioning to lounge
- Pine floorboards throughout
- Roller shutters to front windows
- Rear verandah for outdoor entertaining
- Large backyard with separate garage
The location offers exceptional convenience for families and commuters alike. Local bus stops are within walking distance, Eyre Village Shopping Centre is just moments away, and Munno Para Shopping City is only a six-minute drive. Nearby recreational spaces include Kalara Reserve and Anne Wright JP Reserve. Educational options are well catered for, with Swallowcliffe School and Elizabeth North Primary School close by, plus Playford College and Craigmore High School within a ten-minute radius. All this, just 40 minutes from the Adelaide CBD.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1962 (approx)
Land Size / 508sqm (approx)
Frontage / 13.03m (approx)
Zoning / MPN - Master Planned Neighbourhood \ EAC - Emerging Activity Centre
Local Council / City of Playford
Council Rates / $1,740.81pa (approx)
Water Rates (excluding Usage) / $705.20pa (approx)
Es Levy / $97.15pa (approx)
Estimated Rental / $410-$450pw per property
Current Rental / Fixed Lease of $430pw until 15/10/26
Title / Torrens Title 5786/195
Easement(s) / Subject to party wall rights and service easement for sewerage - See title
Encumbrance(s) / Nil
Main Area / 90sqm (approx)
Construction / Solid Brick
Gas / Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/e5clND
If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
Edge Realty RLA256385 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.
