10/64 Fenden Road, SALISBURY, South Australia, 5108

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Sold

Sold for $156,000 (Aug 09, 2019)

A Positively Geared Investment Unit

Conveniently located within easy reach of the Salisbury City Centre Shopping Precinct with public transport available adjacent to the property. Currently let at $240 per week equating to a good investment return plus capital gain. This tidy unit has some great features – some of which are as follows:

• Single Storey Group

• Solid Brick Construction

• 2 Good Sized Bedrooms (Built in Robes to Master)

• Spacious Lounge / Living Room

• Reverse Cycle Air Conditioning and Ceiling Fans

• Rear Courtyard / Verandah Area

• Close to Salisbury Centre and the New Saints Road Shopping Centre

• Public Transport Out The Front

• Existing Tenant at $240 per week

A good opportunity to kick start or add to your investment portfolio and no better way to invest when it is a neutral or positive cash flow with capital gain in addition. Call Andrew to inspect.

Property Info:

  • Property ID: 20278994
  • Property Type: Unit
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Salisbury

R&H Suburb Summary Houses
Number of sales 115
Average Price $413,169
Median Price $290,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) 5 %
R&H Suburb Summary Units
Number of sales 27
Average Price $174,352
Median Price $150,000
Median Rental Price $240 p.w.
Change in Rental Rate (5yr) 9 %
Salisbury, SA - Median Trend