14 Bindi StreetPara Hills West SA 5096
Property Details for 14 Bindi St, Para Hills West
14 Bindi St, Para Hills West is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 641m2 and floor size of 107m2.
Last Listing description (August 2023)
Providing an intelligent investment for now and in the future, this offering affords an exceptional opportunity for a future development yet is rare in its offering of dual income across two independent tenancies.
The allotment of 640sqm with a 21m frontage is flat and rectangular in shape with just the two side neighbours and a greenspace at the back.
The main house, built in 1970 is comprised of three bedrooms, a large lounge room, good size kitchen with adjacent dining area and centrally located bathroom with separate toilet. There is a single carport, verandah, external rumpus room, shed and large lawned area. The house is currently leased to July 2023 returning $335 per week.
Additionally, there is a one-bedroom flat containing a kitchen, living area, bathroom and private yard with separate access from the house which is leased to a long-term tenant for the past 13 years currently retuning $175 per week. With rents increasing, accommodation in this price range is hard to find creating greater demand.
Both properties can be left as is or would be suited for refurbishments to further increase rental returns should you seek to invest now and develop later.
Well positioned within the suburb with easy access to McIntyre Road an abundance of shopping is nearby with major shopping at Tea Tree Plaza less than 15 minutes away. Public transport is within walking distance as is Para Hills West Primary School & Para Hills High School. Uni SA is a short commute, just 5kms away at Mawson Lakes.
SPECIFICATIONS
CT / 5443/214
Zone / General Neighbourhood
Land / 640sqm
Frontage / 21.03m
Built / 1970 (house)
Council / City of Salisbury
Council Rates / $TBA
SA Water Rates / $144.65 per quarter + usage
ESL / $TBA
Rent / $510 per week combined income
DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
Property History for 14 Bindi St, Para Hills West, SA 5096
- 02 May 2023Listed for Sale $590,000 - $620,000
- 25 Jun 2021Listed for Rent $320 / week
- 02 Feb 2017Listed for Rent $300 / week
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About Para Hills West 5096
The size of Para Hills West is approximately 2.7 square kilometres. It has 11 parks covering nearly 20.2% of total area. The population of Para Hills West in 2011 was 3,161 people. By 2016 the population was 3,200 showing a population growth of 1.2% in the area during that time. The predominant age group in Para Hills West is 30-39 years. Households in Para Hills West are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Hills West work in a trades occupation. In 2011, 60.6% of the homes in Para Hills West were owner-occupied compared with 61.1% in 2016.
Para Hills West has 1,734 properties. Over the last 5 years, Houses in Para Hills West have seen a 117.38% increase in median value, while Units have seen a 90.65% increase. As at 30 September 2024:
- The median value for Houses in Para Hills West is $683,850 while the median value for Units is $444,569.
- Houses have a median rent of $525 while Units have a median rent of $295.
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