18, 37 & 38/11-15 Hollywood Boulevard, SALISBURY DOWNS

Lifestyle Investment Units with 8% Gross Rental Yield (approx)!

Please note there will be no open inspections. If your offer is successfully approved by the Vendor, we will contact you to arrange a private viewing of the property.

*For an in-depth look at unit 37, please click on the 3D tour for a virtual walk-through*
Virtual Tour Link: https://my.matterport.com/show/?m=m98FxMjCrLs

To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market three lifestyle units with loads of shared community conveniences on-site. Each unit is tenanted at $220 per week representing a great rental return and future value investment.

Each unit is well-appointed with 1 bedroom, 1 bathroom and a kitchen that includes a microwave and refrigerator for quick and easy meals, perfect for simple, easy living. Designed with privacy and independent living in mind these senior lifestyle village units have it all with the comfort of air-conditioning and a sunny courtyard at the rear.

Life will be a shared experience in the community room with a pool table, kitchen, darts, craft days and more! You'll love the shared dining room with library and laundry too. And the lifestyle options continue - you'll be able to enjoy the grounds and have a BBQ with family and guests in the shared undercover BBQ area.

Features we love
• Currently tenanted with fixed leases of $220 per week
• Community room with pool table, kitchen, darts, craft days
• Shared dining room with library and laundry
• Undercover BBQ area
• Secure carport parking and security cameras
• Air-conditioning

The village is located just walking distance to Target Hollywood Plaza and right next to Salisbury West Library. It's just a few minutes drive from Lyell McEwin Hospital. A perfect location for a simple lifestyle or a great investment opportunity.

Please note that the floorplan is of unit 37. Unit 18 and 38 are a mirrored floorplan to 37.

Advertised price is per unit.

Unit 18 - Available
Unit 37 - Available
Unit 38 - Available

Call Mike Lao or Brendon Ly for more information!

Year Built / 2004 (approx)
Land Size / 60sqm
Frontage / 3.5m (approx)
Zoning / SAC-Suburban Activity Centre
Local Council / City of Salisbury
Council Rates / $435.55 pa (approx) per unit
Water Rates (excluding Usage) / $565.20 pa (approx) per unit
Es Levy / $68.30 pa (approx) per unit
Current Rental / Each unit has a fixed lease of $220 per week in place.
Unit 18 lease expires 16.08.2022
Unit 37 lease expires 19.09.2022
Unit 38 lease expires 16.08.2022
Gross Rental Yield / 8% (approx)
Title / Strata Title - Adcorp Property Group
Strata Rates / Admin/Sinking $451 & Caretaker Levy $198.75 - Total $649.75 pq (approx) for each unit
Easements / Together with free and unrestricted rights of way over the land marked d - See title
Internal Living / 36.8sqm (approx)
Total Building / 60sqm (approx)

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.


  • L18200636
  • $139,000 - $149,000
  • Unit
  • For Sale
  • 18, 37 & 38/11-15 Hollywood Boulevard SALISBURY DOWNS SA
  • 1
  • 1
  • 1
  • 36 sqm
  • 60 sqm
  • 3.5 meter
  • 1
  • $565 Per Year
  • $436 Per Year
  • $650 Quarterly