OFF MARKET

11/1 Otoma Street
Paralowie SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 15m2
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Property Details for 11/1 Otoma St, Paralowie

11/1 Otoma St, Paralowie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 15m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1980
Floor Size
75m2
Land Size
15m2
Local Government
Salisbury
Lot/Plan
U11/S5533

Last Listing description (December 2021)

To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm

Mike Lao and Edge Realty are proud to present to the market this easy-care villa offering relaxed living in a wonderful location. Downsizers, investors and first-time buyers alike will adore the low-maintenance lifestyle this move-in-ready abode offers. The property currently has a fantastic long term tenant in place with a fixed lease of $245 per week until 27.04.2022.

The layout features two bedrooms, including a large and light-filled main bedroom and a second bedroom that could also be an office, plus a central bathroom for added convenience. The living space is bright and welcoming with an open-plan design ready for family time. From the family and meals area, you can flow into the kitchen where electric appliances and an arched server window allows for easy entertaining.

Outside, a large paver patio is sure to be a favourite place to relax as you host friends in style. There are no large gardens to maintain so you can simply sit back with a coffee in hand as you soak up the peace and privacy of this easy-care home.

There are so many extra features to enjoy including:
- Floating floors throughout the home for a modern feel
- Built-in robes to both bedrooms and extra storage space
- A wall unit and ceiling fans for summertime comfort
- Instant gas hot water and a gas heater ready for winter
- Privacy screens throughout and security doors
- A large shed promises plenty of storage space

This must-see property is set within a great complex complete with gardens, covered parking and a gated entrance. Whether this is a home for you or a future tenant, you are sure to adore the location. You will live just steps from the Waterloo Station Hotel and Roadhouse grill, moments from the local park and close to local takeaways, bus stops and so much more. Salisbury North R-7 Primary School and the local kindergarten are within easy reach and you are also close to Happy Home Reserve with walking trails, a playground, a dog park and plenty of space to kick a ball. Hollywood Plaza is 6 minutes away with all your retail needs and, if you work in the city, you can be there within 35 minutes.

Call Mike Lao to inspect!

Year Built / 1980 (approx)
Land Size / TBA
Frontage / 10 m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,029 pa (approx)
Water Rates (excluding Usage) / $700 pa (approx)
Es Levy / $77 pa (approx)
Rental / Current fixed lease of $245 per week until 27.04.2022
Title / Strata Title
Strata Rates / $2,200 pa (approx)
Easements / See Title
Internal Living / 97.7 sqm (approx)
Total Building / 140.5 sqm (approx)

Edge Realty 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.

Property History for 11/1 Otoma St, Paralowie, SA 5108

A timeline of how this property has performed in the market
Last Sold
$207,000
09 Dec 2021
  • 09 Dec 2021
    Sold for $207,000
  • 20 Sep 2021
    Listed for Sale Under Contract!
  • 09 Jan 2003
    Sold for $88,000
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About Paralowie 5108

The size of Paralowie is approximately 6.7 square kilometres. It has 37 parks covering nearly 17.6% of total area. The population of Paralowie in 2011 was 15,871 people. By 2016 the population was 16,542 showing a population growth of 4.2% in the area during that time. The predominant age group in Paralowie is 0-9 years. Households in Paralowie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paralowie work in a labourer occupation. In 2011, 75.1% of the homes in Paralowie were owner-occupied compared with 72.6% in 2016.

Paralowie has 6,896 properties. Over the last 5 years, Houses in Paralowie have seen a 118.86% increase in median value, while Units have seen a 122.66% increase. As at 31 October 2024:

  • The median value for Houses in Paralowie is $653,301 while the median value for Units is $449,283.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Paralowie on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Paralowie.

Suburb Insights for Paralowie 5108

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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.