OFF MARKET

2 Salem Road
Penrice SA 5353

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 1014m2
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Property Details for 2 Salem Rd, Penrice

2 Salem Rd, Penrice is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 1014m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last transferred in May 2020.

Building Type
House
Year Built
1993
Floor Size
75m2
Land Size
1014m2
Local Government
Barossa
Lot/Plan
A200/D18002

Last Listing description (October 2024)

*This property is now Under Contract. If you would like to chat about buying or selling in the Barossa, please contact your local agent John Warnock on 0422 761 979. More properties needed and qualified buyers ready to act.*

Welcome to 2 Salem Road,

John Warnock and the team at Listed Real Estate Lyndoch are excited to present to you this country style cladding home which is beautifully presented and full of personality and potential!

2 Salem Road is located in the small township of Penrice and is within close proximity to the well known town of Angaston which is continually growing in popularity. This unique and rare location offers buyers the perfect escape from the hustle and bustle without sacrificing on the proximity to services and amenities.

Escape to the country, but stay in touch...

The opportunities this property presents to buyers include:

- With the property currently leased until 02/01/2025 at $410 per week, buy to invest and reap the rewards of the very strong rental market we are currently experiencing.
- Downsize in style to a manageable dwelling which offers great storage for vehicles, caravans, boats, and all your favourite toys.
- Great opportunity for first home buyers to enter the fast paced Barossa property market.

Standout features:

INSIDE:
- Two bedrooms, master with built-in wardrobes
- Both bedrooms featuring ceiling fans
- Master bedroom measuring approximately 6.4m x 2.8m
- Open plan living, dining, and kitchen area
- Modern and updated kitchen with gas cooking (supplied via bottles)
- Split system heating and cooling in the main living room
- Ducted evaporative air conditioning
- Combustion fire place
- Main bathroom plus separate toilet

OUTSIDE:
- Amazing 1,000 square metre allotment (approximately)
- Single carport with drive through access to the shed
- Double gates with drive through access to the rear
- Front porch the entire length of the house
- Outdoor undercover area for all year round comfort
- Huge rear yard with endless potential
- Well-established gardens all round
- And loads more!

LOCATION:
- Sturt Highway 7.3km | 9 mins
- Angaston 2km | 3 mins
- Nuriootpa 6.3km | 8 mins
- Tanunda 12km | 13 mins
- Angas Recreation Park 2.3km | 4 mins
- Barossa Farmers Market 3.3km | 4 mins
- Angaston District Hospital 2.6km | 4 mins
- Good Shepherd Lutheran School 3km | 5 mins
- Nuriootpa Primary School 5.2km | 7 mins
- Nuriootpa High School 5.2km | 7 mins
- Buyers are encouraged to check distances to all required services to satisfy their needs.

MORE DETAILS:
- Current Lease: $410 per week, lease ending 02/01/2025
- Land size: Approximately 1,000 square metres (please refer to CT)
- Zoning: Neighbourhood
- Council: Barossa Council
- Title: Torrens Title
- Certificate of Title: Volume 5101, Folio 626
- Year Built: 1993 (approximately)
- Council rates: $2,041.30 per annum (approximately)
- Emergency services levy: $73.50 per annum (approximately)
- Water rates: Supply only $78.60 per quarter (approximately)

SUBMITTING AN OFFER:
- Please use our online form to submit an offer
- Link: https://forms.wix.com/f/7031427741773726469
- Please use the QR code in the photo reel or email / text the agent for the link
- Interstate enquiries: Facetime and digital inspections available via appointment

Quality properties like this are selling quickly in today's market, so don't hesitate and act promptly. This property deserves to be on your inspection list!

Please call John Warnock on 0422 761 979 or pop into our Lyndoch office at Shop 3, 28-30 Barossa Valley Way, Lyndoch to discuss further.

Listed Real Estate Pty Ltd - RLA 305459
John Warnock - RLA 305003
Jade Letheby - LSR 312188

DISCLAIMER: We the agent, make no guarantee the information is without mere errors and further that the purchaser ought to make their own enquiries and seek professional advice regarding the purchase. We the agent, are not the source of the information and we expressly disclaim any belief in the truth or falsity of the information. However, much care is taken by the vendor and our company to reflect the details of this property in a true and correct manner. Please note: neither the vendor nor our company accept any responsibility or liability for any omissions and/or errors. We advise that if you are intending to purchase this property, that you make all necessary independent enquiries, inspections, and property information searches, to ensure you are comfortable with your purchase and the specifications of the property. The brochure and floor plan, if supplied, are to be used as a guide only. The photos used for this advert may have been digitally enhanced by third party suppliers.

Property History for 2 Salem Rd, Penrice, SA 5353

A timeline of how this property has performed in the market
Last Transferred
20 May 2020
  • 07 Oct 2024
    Listed for Sale Under Contract
  • 20 May 2020
    Transferred
  • 29 Nov 2018
    Sold for $240,500
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About Penrice 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2011 was 338 people. By 2016 the population was 455 showing a population growth of 34.6% in the area during that time. The predominant age group in Penrice is 50-59 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a labourer occupation. In 2011, 83.2% of the homes in Penrice were owner-occupied compared with 84.3% in 2016.

Penrice has 279 properties. Over the last 5 years, Houses in Penrice have seen a 98.56% increase in median value, while Units have seen a 554.00% increase. As at 31 October 2024:

  • The median value for Houses in Penrice is $780,227 while the median value for Units is $393,244.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Penrice on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Penrice.

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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.