SOLD
Sold on 31 Jul 2024 for $771,000

1 Henry Wright Court
Burton SA 5110

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 170m2
Land area: 635m2
Sold By
Harris Real Estate Kent Town
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Property Details for 1 Henry Wright Ct, Burton

1 Henry Wright Ct, Burton is a 4 bedroom, 2 bathroom House and was built in 2008. The property has a land size of 635m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Burton in the last 12 months.

Building Type
House
Year Built
2008
Floor Size
170m2
Land Size
635m2
Local Government
Salisbury
Lot/Plan
A82/D71767

Last Listing description (July 2024)

Currently under long term lease to Defence Housing Australia (DHA) until April 2027 at $565.00 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.

Weekly rent: $565.00

Lease end date: 16/04/2027
Next rent review: 31/12/2024
Lease Option: Used
Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months Extension

Situated at an tightly held location of Burton and offering four bedrooms with the master bedroom complete with ensuite and walk-in robe and all remaining bedrooms have built in robes. The kitchen is located to the centrally in the properties floor plan and is open plan with the everyday living and dining which open up to the outdoor rear veranda to make for seamless indoor and outdoor living and entertaining.

Other features that enhance the investment;

- Double garage under the main roof with internal access
- Second separate formal living/dining room
- Rear Veranda for entertaining
- Well laid out floor plan with four Bedrooms
- Gas cooking
- Window treatments throughout
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, Shopping Centres and Schools.

Situated on an allotment of 635sqm this property will be an exceptional long term investment with a secure and reliable tenant being Defence Housing Australia until 2027.

For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au, all inspections are by private appointment.

Specifications:
CT / 5969/589
Council / Salisbury
Zoning / GN
Built / 2008
Land / 635m2 (approx)
Council Rates / $1,665.60pa

Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Burton P.S, Lake Windemere B-6 School, Paralowie School, Salisbury North P.S, Paralowie School, Kaurna Plains School

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 1 Henry Wright Ct, Burton, SA 5110

A timeline of how this property has performed in the market
Last Sold
$771,000
31 Jul 2024
Listed for Rent
$350/w
07 Jul 2012
  • 31 Jul 2024
    Sold for $771,000
  • 08 Jun 2024
    Listed for Sale Contact Agent
  • 12 Apr 2017
    Transferred
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About Burton 5110

The size of Burton is approximately 5.7 square kilometres. It has 18 parks covering nearly 15.3% of total area. The population of Burton in 2011 was 6,152 people. By 2016 the population was 6,343 showing a population growth of 3.1% in the area during that time. The predominant age group in Burton is 0-9 years. Households in Burton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Burton work in a labourer occupation. In 2011, 72.2% of the homes in Burton were owner-occupied compared with 71.9% in 2016.

Burton has 2,506 properties. Over the last 5 years, Houses in Burton have seen a 107.30% increase in median value, while Units have seen a 92.34% increase. As at 31 July 2024:

  • The median value for Houses in Burton is $606,126 while the median value for Units is $531,540.
  • Houses have a median rent of $550.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Burton on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Burton.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.