7 Silvermere Terrace, MODBURY HEIGHTS, South Australia, 5092

  • 3
  • 1
  • 2

Sold

Sold for $320,000 (Feb 05, 2019)

Ripe for Renovation

Situated in popular Modbury Heights on the high side of the road in an attractive street, this home has enormous potential and is ready for a makeover. A great opportunity to improve and decorate to suit your own tastes and lifestyle while building valuable capital value in the property by the work that you do. The home has been well constructed in Solid Brick, has “good bones” and will respond well to some cosmetic improvements. Some of the many great features are:

• 3 Good Sized Bedrooms (Master with Built in Robe )

• Solid Double Brick Construction with High Ceilings and a Tiled Roof

• Separate Front Entry Hallway

• Lounge/Living Room

• Good Sized Kitchen with a Walk in Pantry

• Separate Dining Area

• Large Family/Rumpus Room

• Carport Under Main Roof with Rollerdoor

• Rear Verandah

• Lockup Iron Garage

• A Good Sized Backyard

• Situated on a Large (710m2) Allotment

My first home was a dump – riddled with termites and barely livable. But I put in the hard yards, did it up and made it the nicest house in the street. Some years later, when I sold it, my return was over 3 times my investment and it set me up. When it comes to Real Estate – Work + Time = Profit. Here a good opportunity exists.

Property Info:

  • Property ID: 19099132
  • Property Type: House
  • Garages: 2

We Know Your Area

R&H Suburb Profile: Modbury Heights

R&H Suburb Summary Houses
Number of sales 104
Average Price $391,995
Median Price $396,000
Median Rental Price $370 p.w.
Change in Rental Rate (5yr) 9 %
R&H Suburb Summary Units
Number of sales 6
Average Price $287,000
Median Price $243,626
Median Rental Price $283 p.w.
Change in Rental Rate (5yr) 22 %
Modbury Heights, SA - Median Trend