OFF MARKET

40 Castle Drive
Burton SA 5110

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 540m2
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Last updated 14 Oct 2024
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Property Details for 40 Castle Dr, Burton

40 Castle Dr, Burton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 540m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
2008
Floor Size
164m2
Land Size
540m2
Local Government
Salisbury
Lot/Plan
A21/D71767

Last Listing description (October 2018)

STRESS FREE and SECURE investing....An ideal consideration for local & interstate investors, private superannuation funds and astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio with no lapse in rent, EVER!
Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place. (Please refer to the Defence Housing website for further information)
Features that make this home special:

- Large master bedroom with walk-in robe and ensuite
- Good sized bedrooms 2, 3 and 4, all with built-in robes
- Spacious formal lounge or dining room
- Open plan family/meals area
- Modern kitchen with island bench
- Main bathroom with separate bath and shower + separate toilet
- Separate spacious laundry
- Large outdoor entertaining area
- Double garage under main roof with direct internal entry
- Built in 2008 with 195sqm (approximately) of internal living on 540sqm (approximate) allotment
Lease Edition 5B
Currently leased from 10/07/2009 until 09/07/2021
Lease option: 1 x fixed 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction or Extension
Current rent is at $1739.29 per month - weekly rent being $400 and less monthly management fee of $260.89 plus $26.09 GST on Management fee. Therefore NET rent being $1452.31
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place.
Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
For further information please contact Nikki Lehmann on 0448 199 575 or 8269 7711 (office).

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Property History for 40 Castle Dr, Burton, SA 5110

A timeline of how this property has performed in the market
Last Sold
$369,000
07 Feb 2019
  • 07 Feb 2019
    Sold for $369,000
  • 07 Aug 2018
    Listed for Sale Not Disclosed
  • 10 Jul 2009
    Sold for $340,000
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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 2,494 properties. Over the last 5 years, Houses in Burton have seen a 111.30% increase in median value, while Units have seen a 109.98% increase. As at 30 September 2024:

  • The median value for Houses in Burton is $624,507 while the median value for Units is $589,551.
  • Houses have a median rent of $550.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Burton on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Burton.

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