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Sold on 14 Feb 2024 for $580,000

64 Burton Road
Paralowie SA 5108

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 288m2
Land area: 600m2
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Property Details for 64 Burton Rd, Paralowie

64 Burton Rd, Paralowie is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 600m2 and floor size of 288m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Paralowie in the last 12 months.

Building Type
House
Floor Size
288m2
Land Size
600m2
Local Government
Salisbury
Lot/Plan
A113/D24038

Last Listing description (February 2024)

Nestled at 64 Burton Road, Paralowie, this property offers an exciting opportunity for both first home buyers and savvy investors. Listed by Krish Gajera, one of the top 10 agents in South Australia, this residence presents a unique blend of comfort, potential income, and future development possibilities. With 4 bedrooms, 2 bathrooms, a granny flat for extra income, and a 600 square meter block with over 18 meters of frontage, this property is a promising investment in the heart of Paralowie.

Key Features:

1. Spacious Living:

The main residence boasts 4 generously sized bedrooms, providing ample space for a growing family.
Two bathrooms ensure convenience and comfort for daily living.

2. Granny Flat Potential:
The property comes equipped with a granny flat, offering an excellent opportunity for additional income or a dedicated workspace for those looking to work from home.
Ideal for potential Airbnb rental, accommodating extended family, or creating a private office space.

3. Income Generation:
With a granny flat and the prospect of sub-division (subject to council consent), this property opens up avenues for extra income and future investment growth.

4. Development Opportunities:
The 600 square meter block, featuring over 18 meters of frontage, presents a sub-division potential (subject to council consent), allowing for future development and increased property value.

5. Convenient Location:
Situated just minutes away from Hollywood Plaza, residents have easy access to shopping, dining, and entertainment options.
The property's proximity to essential amenities enhances its appeal for both homeowners and potential tenants.

6. Modern Amenities:
Gas cooking facilities make for efficient and modern culinary experiences.
Ducted evaporative cooling ensures comfort during the warm South Australian summers.

7. Security and Privacy:
The property features secure fencing, providing a sense of privacy and safety for residents.

8. Work from Home Comfort:
The granny flat not only offers extra income potential but also serves as an ideal space for those who prefer working from home, providing a separate and quiet environment.

9. Renovation Opportunity:
While this property offers immense potential, it's important to note that some work may be required to bring it up to its full potential.
This presents a fantastic opportunity for buyers to personalize and add value to their investment.

Conclusion:
In summary, 64 Burton Road in Paralowie is not just a home; it's an investment in the future. With the potential for additional income, subdivision, and a location that ensures convenience, this property is a canvas waiting for the right owner to unlock its full potential. Contact Krish Gajera today to explore this promising opportunity and turn this property into your dream investment.

Current rental appraisal will be $580/week. But after doing some required work and make it up to mark there is a potential to rent granny flat separately and rip the reward.

Superbly located in the Increasingly popular suburb of Paralowie, this well cared for, 1991 constructed home, offers endless amounts of space across a brilliant layout, don't miss out and call us today! For more information contact
Krish Gajera 0425 132 642. We look forward to speaking with you!

I look forward to meeting with you at our next open home & making your property aspirations a reality HERE!

Please call us to request Private inspection

If You Would like to Submit an Offer, Please Use this This link

https://bit.ly/3r3UfDs

If you would like to find out How Much Your House worth, Please click this link

https://www.jotform.com/build/220442851157856

Year built: 1991
Dwelling size: 278 sqm (approx.)
Council Rate:$1600/Annually
Water rate: 300/Quarter
Emergency levy:$150/Year
Council: Salisbury
Zone: General Neighborhood

RLA 300 185/ RLA 313 008
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 64 Burton Rd, Paralowie, SA 5108

A timeline of how this property has performed in the market
Last Sold
$580,000
14 Feb 2024
  • 05 Apr 2024
    Listed for Rent $580 / week
  • 08 Mar 2024
    Sold for $580,000
  • 30 Jan 2024
    Listed for Sale UNDER CONTRACT BY KRISH GAJERA
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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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Contact agent
Krish Gajera
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Bensil Mohamed
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EXP AUSTRALIA SA
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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.