Back 740 Bridge Rd
Off Market

740 Bridge Rd

Salisbury East SA 5109

4
1
1
131 m²
765 m²
House
Last sold for $515,000
Liam McDevittLiam McDevitt, last sold this property on 15 February 2024 after 31 days on market.

Overview

Family Home in a Prime Location

Team McDevitt at Ray White Walkerville is thrilled to present this conveniently positioned four-bedroom family home to the market. Located on Bridge Road, the home is set back nicely and behind a large fence to create extra peace and privacy whilst benefiting from the convenience of bus stops right out the front. The property is also a short walk to the Cobbler Creek Playground, bike track, and walking trails for an active family to enjoy. Located conveniently close by to the Saints Shopping Centre, or a short drive to The Grove Shopping Centre for all your shopping needs. Positioned in a central location to a plethora of outstanding private and public schools, all close by, this is the perfect opportunity to purchase a great family home. The significant size allotment is approximately 765m2 and features a 20.4m frontage. This property offers a good rental return and soaring demand for rentals in the area, as this property promises a lucrative income stream. Currently tenanted on a fixed term lease until 4/9/2024 at $390 per week. The estimated weekly market rate sits at $500-$550 per week, so ample room to grow the return! What we love about this property: • A fantastic location for growing families, or as an investment property • Plenty of natural light through the large front windows • Timber floors and tiles throughout • Updated kitchen with spacious island bench overlooks the meals area • Modern bathrooms with separate bath, shower and floor to ceiling tiles • Large carport for 2 cars plus additional off-street parking for another 2-3 • Securely fenced rear yard with plenty of space for the kids/pets to play • Pergola overlooking the big backyard • Tool shed for storage • An ideal investment opportunity with a good rental return More Info; CT | 5180/91 Built | circa 1974 Internal Size | 101m2 approx. Land Size | 765m2 approx. Frontage | 20.4m approx. Council Area | City of Salisbury Rental Estimate | $550-$550 per week approx. For more information, inspection times, or to make an offer, don't hesitate to get in touch with our agents! Liam McDevitt | 0430 501 122 Jessica Earle| 0479 113 389 RLA 305894

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
131 m² floor area
765 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Salisbury East over the last 12 months, the estimated median property value of 740 Bridge Rd is $852.5k.

Median value
$852.5k
Estimated value range
$730k - $1.28m
Median days on market
22
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Salisbury East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 740 Bridge Rd

2024
Sold
$515,000
Private Sale/Treaty on 15 Feb 2024 by Liam McDevitt, of Ray White Walkerville

Happy sellers in Salisbury East

94%
94% of sellers in Salisbury East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Salisbury East over the last 12 months.

Local market activity for 4 bedroom houses in Salisbury East

In the last 12 months, 27 four-bedroom houses similar to 740 Bridge Rd, have been sold.

This represents a 25% increase in four-bedroom houses sales when compared to the previous 12 months.

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