Situated an a huge (669 m2) allotment, this property is within a 5 minute walk to Parabanks and Salisbury Centre. Homebuyers: Renovate and upgrade over time creating a nice home and building capital value. Developers: Split the land into two symmetrical villa allotments catering for the fast emerging older generation in the area. Investors: A Centrally located investment property with the upside of a future redevelopment. Whatever way you look at it, this is great buying under $300K in Salisbury. Some of the other great features are:
• 4 Bedrooms
• Separate Formal Lounge
• Central Hallway and High Ceilings
• Large Eat In Central Kitchen
• Renovated and Upgraded Bathroom
• Rear Verandah, Outhouse Laundry and Sheds
• Lockup Garage
• Huge Yard Area
• Walk to School, The Pub, Shopping or Salisbury Centre
If your looking for a rewarding project with good opportunity and don’t mind putting in to get some gain then this property should suit. Its not glamorous, but its priced well to make up for it. Be quick.
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 119 |
Average Price | $392,387 |
Median Price | $381,750 |
Median Rental Price | $360 p.w. |
Change in Rental Rate (5yr) | 22 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 99 |
Average Price | $260,508 |
Median Price | $247,000 |
Median Rental Price | $270 p.w. |
Change in Rental Rate (5yr) | 17 % |
16 South Terrace, Salisbury,
South Australia, 5108