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Back 843A North East Road
Off Market

843A North East Road

Modbury SA 5092

4
2
3
430 m²
House
Last sold for $490,000
Jimmy TsarnasJimmy Tsarnas, last sold this property on 13 March 2023 after 42 days on market.

Overview

The Perfect Investment Opportunity with Extra Income Potential

Jimmy Tsarnas and Harcourts Elite are delighted to present 843a North East Road, located in the increasingly popular part of Modbury. This fabulous home boasts up to 4 bedrooms and spacious living areas with the added advantage of a private granny flat/ guest house to the rear of the home which is ideal for extra income potential. Previously rented at $170 pw for the guest house alone. Take advantage of dual income streams, with the front of the home currently tenanted until the end of June of this year. This property provides the perfect investment opportunity for people wishing to enter the market and for all savvy investors wishing to receive dual income streams. The neighbouring home is also for sale and what an incredible opportunity to purchase both properties in the popular suburb of Modbury. What we love: - Guest house/Granny flat to the rear of the home which can be utilised for extra investment income or the perfect teenager's retreat - Updated kitchen complete with large prep areas and ample storage space, including stainless steel appliances - Separate sun filled lounge room - Split system heating and cooling for all year comfort - Ceiling fan to bedroom 1 - All bedrooms of a great size - Bedrooms 1 & 2 complete with built in robes - 2.5Kw solar panel system-save money on electricity bills - Large garden shed for all your extra storage needs - Easy care allotment - Ample driveway access allowing for the storage of a caravan, boat or trailer or multiple vehicles - Plus much more What we love about the area- - Located only a few minutes drive to the popular Tea Tree Plaza Shopping Centre - A convenient 25 min drive to the vibrant Adelaide CBD - Close to the highly regarded Modbury High School and Prescott Primary School - Walking distance to Heysan Park for all your fitness and exercise needs For more information please contact Jimmy Tsarnas on 0403 514 490 or email jimmy.tsarnas@harcourts.com.au Harcourts Elite is taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection. Council I Tea Tree Gully Zone I HDN Housing Diversity Neighbourhood Land I 430 sqm (approx) House I 157 sqm (approx) Built I 1963 Council Rates I TBA Water I TBA ESL I TBA Rent potential I $550pw (approx) Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. It is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. RLA 195515

Features

4 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
430 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Modbury over the last 12 months, the estimated median property value of 843A North East Road is $940k.

Median value
$940k
Estimated value range
$751k - $1.6m
Median days on market
31
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Modbury. 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 843A North East Road

2024
Rented
Undisclosed
Leased on 08 Apr 2024 by NRP Real Estate
2023
Rented
Undisclosed
Leased on 03 Jul 2023 by NRP Real Estate
2023
Sold
$490,000
Private Sale/Treaty on 13 Mar 2023 by Jimmy Tsarnas, of Harcourts Elite Adelaide

Happy sellers in Modbury

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

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

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

Local market activity for 4 bedroom houses in Modbury

In the last 12 months, 13 four-bedroom houses similar to 843A North East Road, have been sold.

This represents a 39% increase in four-bedroom houses sales when compared to the previous 12 months.

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