FOR SALE
Auction On-Site Sunday 19th January 11:00AM

13a-13b Spains Road
Salisbury SA 5108

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 279m2
Land area: 895m2
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Auction Time
Sun 19 Jan 11:00 am
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No upcoming inspections scheduled.
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Instant Investment Opportunity or Exciting Scope to Transform!

Wonderfully investment opportunity positioned in the heart and centre of Adelaide's thriving northern suburbs, 13A & 13B Spains Road offer a rare real estate opportunity that cannot be overstated.
As it stands, these two separate dwellings - each with matching original contemporary interiors and mirror image floorplans - capture ideal low maintenance homes perfect to refurb, update, and secure an instant high-demand rental investment. With two well-sized bedrooms, free-flowing lounge and dining zones leading to the central kitchen, along with excellent backyard space, you'll quickly see the lock-and-leave appeal here.
Land size sits just shy of 900sqm! Meaning the size, scope and potential to redevelop here inviting sweeping family homes or a row of townhouses (STCC) paving the way for a host of younger buyers eager to start their home-owning journey in style will have you exploring the full architectural and council limits, and for good reason.
Currently tenanted below market rates, we have a rental appraisals at $400 - $440 per week and there is scope for a better return with further improvements to the property
Close to sporting ovals and parks, schools like Salisbury Downs Primary, Thomas More College and a quick zip by bus or bike to Salisbury High for school. Local shops include Hollywood Plaza and Parabanks and the Chidda Train Station is a 250m stroll letting you get to the CBD in a flash!
REASONS TO WANT IT
• Perfect project to update, renovate and refurb these two contemporary homettes for immediate rental investment
• Neat and tidy original condition with matching floorplans
• Bright and airy lounge and dining zones
• Original kitchens overlooking family/casual meals
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Property Details for 13a-13b Spains Rd, Salisbury

13a-13b Spains Rd, Salisbury is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 895m2 and floor size of 279m2. The place is currently for sale with Ray White Norwood.

Building Type
House
Floor Size
279m2
Land Size
895m2

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About Salisbury 5108

The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation. In 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.

Salisbury has 4,312 properties. Over the last 5 years, Houses in Salisbury have seen a 121.34% increase in median value, while Units have seen a 129.51% increase. As at 30 November 2024:

  • The median value for Houses in Salisbury is $645,477 while the median value for Units is $419,539.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Salisbury.

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Contact agent
George Kargiotis
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Ray White Norwood
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