Positioned in the growing suburb of Salisbury East with a 21.95m frontage, this well-maintained solid home presents an excellent opportunity for investors seeking immediate rental income with long-term growth and sub-division potential (stcc).
Built in 1970 and set on a generous 631sqm (approx.) allotment, the home offers a practical and spacious layout featuring three good sized bedrooms, a formal lounge, and a functional kitchen and meals area.
Comfort is ensured with ducted evaporative cooling and ducted gas heating, while outside offers plenty of usable space including a large verandah area, perfect for entertaining and outdoor living.
The property also features a double garage along with ample yard space, adding further practicality and appeal.
Currently tenanted until July 2026 at $550 per week, this property provides secure rental income from day one, making it an ideal set-and-forget investment.
Conveniently located close to local schools, shopping centres, parks and public transport, the home is well positioned in a popular and well-connected location.
**Please note that photos used for the purpose of sale are from June 2024 when current owner purchased the property. Nothing has changed internally or externally since purchase.
Key Features:
Generous 630sqm (approx.) allotment
Built in 1970
Three spacious bedrooms
Formal lounge room
Kitchen and meals area
Ducted evaporative cooling and ducted gas heating
Large verandah entertaining area
Plenty of off street parking
Currently leased until July 2026 at $550 per week
A fantastic opportunity to secure a solid investment in a convenient Salisbury East location.
SPECIFICATIONS:
CT // 5224/860
Zone // General Neighbourhood
Land // 630sqm approx.
House // 109sqm approx.
Frontage // 21.95m approx.
Built // 1970
Council // Salisbury
Council Rates // $1,515.40 per annum
SA Water // $176.30 per quarter + usage
ESL // $182.70pa
Estimated Rent // Written assessment provided upon request
DB Philpott is proud to service the local area, and if you are considering selling, we invite you to contact the team for a free, no-obligation market opinion.
The property will be offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide. The agent is unable to guide or influence the market in terms of price, but recent sales data for the area is available upon request via email or at the open inspection.
The Vendor's Statement (Form 1), the Auction Contract, and the Conditions of Sale will be available for public inspection at the agent's office for at least 3 consecutive business days before the auction, and at the auction venue for at least 30 minutes prior to the commencement of the auction.
Please note that any offers submitted prior to the auction will be under Auction conditions. It is the Purchaser's responsibility to seek independent legal advice and a Form 3 Cooling-Off Waiver.
If land size is quoted, it is an approximation only. You must verify the accuracy of this figure. DB Philpott does not guarantee the accuracy of these measurements. For any development enquiries or site requirements, please contact the local government authority.
Purchasers are encouraged to conduct their own due diligence, as any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
We recommend assessing the suitability of any purchase based on your own needs and circumstances by seeking independent financial and legal advice.
RLA46442
