29 Harrow Road, Salisbury North, SA 5108

  • 3
  • 1
  • 1

For sale

$195,000

Rare Opportunity

This is an excellent opportunity with the release of this masionette tenanted at $265.00 per week comprising open plan lounge, dining and updated kitchen. 3 bedrooms and well maintained bathroom, reverse cycle box air con, rollerdoor and good sized verandah. Situated on a 487sqm (approx.) block, there is a rare opportunity to also purchase next door (no 31) situated on a 651sqm (approx.) combined land is 1138sqm (approx.) giving a developer the potential of subdividing into 4 blocks (STCC) in the mean time collecting over $500 per week in rent. With Salisbury North thriving infrastructure including Foodland, specialty shops, Footy club, community centre, medical & dental, parks, sports ovals, Lake Windemere, community pool, schools, child care centres, bike trails, public transport and more it is a strong investment with vacancy rates for rentals at 0 and the potential of a strong return if both purchased and developed.

RLA227475

Property Info:
  • Property ID: L1489782
  • Property Type: House
  • Carports: 1
  • Land Area: 487.0 sqm
We Know Your Area
R&H Suburb Profile: Salisbury North

R&H Suburb Summary Houses
Number of sales 136
Average Price $249,274
Median Price $253,500
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) 11 %
R&H Suburb Summary Units
Number of sales 6
Average Price $208,583
Median Price $228,000
Median Rental Price $263 p.w.
Change in Rental Rate (5yr) -8 %
Salisbury North, SA - Median Trend
253500.0