7/120 Commercial Road, Salisbury, SA 5108

  • 2
  • 1
  • 1

Sold

Sold for $180,000 (Aug 20, 2021)

A Terrific Investment Opportunity

Situated just 5 minutes walk from Salisbury City Centre and Parabanks Shopping Centre, this very tidy and well presented centrally located home unit would suit an astute investor seeking a good return on investment. Currently let to a great tenant at $210 per week. Being so well located these units are a preferred residence for tenants and are rarely vacant. This property has many great features, some of which are as follows:

• A Well Spaced Out Single Storey Group of Home Units

• Quality, Solid Brick Construction

• 2 Good Sized Bedrooms

• Open Plan Living Area incorporating Lounge and Dining

• Gas Kitchen with a Rangehood and Ample Cupboards

• Reverse Cycle Wall Air Conditioner

• Outside Private Rear Yard

• Undercover Car Parking

• 5 Minutes Walk to Salisbury Centre

Investors Note! – Rental Income exceeds all outgoings including bank interest on a 100% lend. A positive geared investment opportunity! Feel free to email me for a costs v’s income analysis.

RLA307239

 dsc0980 1   copy.profile
Real Estate Specialist

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L11271646
  • Property Type: Unit
  • Carports: 1
We Know Your Area
R&H Suburb Profile: Salisbury

R&H Suburb Summary Houses
Number of sales 92
Average Price $366,626
Median Price $352,500
Median Rental Price $330 p.w.
Change in Rental Rate (5yr) 12 %
R&H Suburb Summary Units
Number of sales 87
Average Price $238,416
Median Price $250,000
Median Rental Price $255 p.w.
Change in Rental Rate (5yr) 11 %
Salisbury, SA - Median Trend
$352,500