Are you looking for an excellent investment opportunity or fantastic first home? Then this is the perfect pick for your property portfolio or a great stepping stone start. With a winning combination of a prime position with renovation potential at a bargain buy, you can choose to rent out and reap the rewards or redecorate to create your dream home.
Set on a large 738sqm allotment behind a rose garden, situated so conveniently close to many of the best local amenities, you'll find this neat and sweet solid brick home. You are just a 5 minute walk from the Foodland supermarket, Post office, Pharmacy, take away restaurants and specialty shops and public transport. Local Paralowie R-12 and Salisbury North Primary school as well as kindergarden are less than 5 minutes away. And there are several nearby parks, ovals as well as a medical centre making this the ideal location.
The home comprises of an open plan large lounge room that combines with the kitchen and meals area in good original condition, all serviced by a reverse cycle split system for your comfort. The 3 bedrooms are found in the left sleeping quarters and all feature ceiling fans the master bedroom at the front has a large built in robe and new carpets. A bathroom with separate toilet, laundry and linen cupboard completes the home.
Outside there is a large verandah entertaining area, single carport with a roller door that leads to a sizable shed for sensational storage and a rain water tank. The home features additional solar panels, front window roller shutters, security doors and window grills all around for your security and peace of mind. It is prime for you to polish, paint and profit or renovate and redecorate - this home is the perfect project at the perfect price.
The rental return will be approximately $270 to $280 per week subject to a full rental valuation. There is a high rental demand for homes in Salisbury North and current vacancy rates are approximately 1.23%. With historically low interest rates, now is your chance to put a little money down to secure a great asset.
With many land and housing developments close by including The Reserve' on Diment Road, this is a great opportunity to benefit from the building boom. This home is a rental with potential and an opportunity for you to purchase now and ponder the possibilities for profit later or secure a great family home in an ideal location for you to create your dreams.
For further information call Mike Lao now!
Curious about the value of your home in SUBURB, contact Mike Lao 0410 390 250.
Council / City of Salisbury
Land / 753sqm (approx)
Internal /184.28sqm (approx)
Approx rental range / $270 - $280p.w
