428 Salisbury Highway, Parafield Gardens, SA 5107

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Auctioned for $906,000 (Feb 06, 2021)

A Group of 4 Residences on One Title

Terrific residential investment opportunity comprising a 3 bedroom solid brick home plus three home units of 2 or 3 bedrooms each, requiring some cosmetic renovation and upgrading. If you are looking to secure group of units at a very realistic price and you are happy to invest some money and efforts to improve and add capital value, then this is a terrific opportunity. The features of this property that make it such an attractive investment proposition are as follows:

• 3 Bedroom Solid Brick Home with 3 Adjoining Home Units

• Tiled Roofs and High Ceilings

• Lockup Garages Under the Main Roof

• Each with a Rear Courtyard

• Fully Paved Driveway and Common Areas

• Situated on a Huge (1500m2 Approx) Allotment

• Adjacent to Schools, Public Transport and a Short Walk to Shopping Centre

• Located in the Very Popular and High Demand Suburb of Parafield Gardens

An ideal opportunity for an Investor or Developer or perhaps a large extended family? Whichever way you look at it, this offering represents a rare chance to purchase a property offering so much at a very realistic price expectation. To be Auctioned Saturday the 6th of February, On Site at 12 noon unless sold prior.

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Property Info:
  • Property ID: L5336333
  • Property Type: BlockOfUnits
  • Garages: 5
  • Carports: 2
  • Land Area: 1500.0 sqm
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R&H Suburb Profile: Parafield Gardens

R&H Suburb Summary Houses
Number of sales 243
Average Price $460,059
Median Price $453,500
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) 29 %
R&H Suburb Summary Units
Number of sales 11
Average Price $373,273
Median Price $335,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 17 %
Parafield Gardens, SA - Median Trend