8 Silver Street & 24 Elmgrove Road, SALISBURY NORTH

overview

  • L23607960
  • $ 699,500
  • House
  • Sold
  • 8 Silver Street & 24 Elmgrove Road SALISBURY NORTH SA
  • 6
  • 2
  • 4
  • 158 sqm
  • 808 sqm
  • 22.1 meter
  • 4
  • $615 Per Year
  • $1,175 Per Year

Set and Forget Investment Opportunity!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://bit.ly/8silverst

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market two homes on two titles standing proud on a corner block within a family friendly locale. Whether you want to purchase 1 of the properties or both, the total land size of approx 808sqm and a central location within walking distance of shops and schools, this property offers savvy investors an opportunity too good to miss.

Both properties already have fantastic tenants on a fixed lease returning a total of $650 per week until 2024. The tenants would love to stay on long term meaning you could choose to keep these properties as an investment and continue to enjoy fantastic returns.

A covered porch welcomes you to each home with the entry opening to reveal a light-filled lounge room. This will serve as the hub of daily life and will be a favourite place to gather whether you're watching a movie with the kids or simply relaxing at the end of the day.

From here, you can move into the combined kitchen and meals areas where you'll have plenty of space to entertain and enjoy family dinners with loved ones. The eager cook is sure to appreciate the abundance of bench space, ample storage, electric cooking and views out to the back yard.

There are a total of six bedrooms, two bathrooms and plenty of off road parking for the whole family. 8 Silver Street offers three generous bedrooms with carpet underfoot, one with a built-in robe whilst 24 Elmgrove Road offers three bedrooms, all with built-in robes and pine floorboards.

Extra features to love:
- 24 Elmgrove's kitchen, bathroom and laundry has undergone a full renovation
- Ducted evaporative air-conditioning at both properties
- Ducted reverse cycle air-conditioning and heating at 8 Silver Street
- Both homes offer large, light-filled living areas and a bathroom with a separate toilet
- Expansive outdoor verandah at 8 Silver Street
- 3 car carport at 8 Silver Street with rear access
- Single carport at 24 Elmgrove Road

Families will appreciate being so close to a selection of local schools including Paralowie R-12 School and Lake Windemere School. Adams Oval and the Lake Windemere Playground are nearby and you're conveniently located between both the Parabanks Shopping Centre and the Springbank Plaza Shopping Centre. For absolute ease, Nurlutta train station is close by as are bus stops making your morning commute a breeze. Land bank for the future and watch land values rise with multiple new and upcoming developments nearby.

First home photographed is 24 Elmgrove Road followed by 8 Silver Street.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1962 (approx)
Land Size / 808sqm (approx)
8 Silver Street / 425sqm (approx)
24 Elmgrove Road / 383sqm (approx)
8 Silver Street Frontage / 18.29m (approx)
24 Elmgrove Road Frontage / 22.1m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,174.67 pa per property (approx)
Water Rates (excluding Usage) / $614.80 pa per property (approx)
Es Levy / $88.55 pa per property (approx)
Estimated Rental / $720-760pw
Current Rental / $650pw
8 Silver Street / Fixed lease of $330pw until 27/4/24
24 Elmgrove Road / Fixed lease of $320pw until 20/2/24
Title / Torrens Title
Easement(s) / Subject to party wall rights - See title
Encumbrance(s) / Nil
Internal Living / 158.6sqm (approx)
Total Building / 276.7sqm (approx)
Construction / Brick Veneer
Gas / Not Connected
Sewerage / Mains
Selling Investment

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/F9KJ4c

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.

features

  • Air Conditioning
  • Built-ins
  • Entertainment Area
  • Secure Parking
  • Garden Shed

overview

  • L23607960
  • $ 699,500
  • House
  • Sold
  • 8 Silver Street & 24 Elmgrove Road SALISBURY NORTH SA
  • 6
  • 2
  • 4
  • 158 sqm
  • 808 sqm
  • 22.1 meter
  • 4
  • $615 Per Year
  • $1,175 Per Year