OFF MARKET

16/24 Ponton Street
Salisbury SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 12m2
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Property Details for 16/24 Ponton St, Salisbury

16/24 Ponton St, Salisbury is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 12m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1974
Floor Size
60m2
Land Size
12m2
Local Government
Salisbury
Lot/Plan
U16/S1577

Last Listing description (January 2022)

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

Mike Lao, Corey Wilkop and Edge Realty are proud to present to the market a sensational opportunity to purchase this lovely low maintenance unit ideally located in the heart of Salisbury. This two bedroom unit perfect for singles, couples, those seeking an easy care lifestyle or an astute investor looking to grow their property portfolio.

The property is currently tenanted with a fixed lease of $180 per week in place until 12.02.2022 for instant returns. You also have the potential to increase your returns with the current rental market demand and the prized location ensures you'll never be short on tenants eager to call this property home.

Positioned on the second level with only one neighbour on the other side for extra privacy, you will be delighted by the low maintenance and the surprisingly spacious open plan living and kitchenette where you can sit back, relax and cook in the temperature controlled comfort of split system air conditioning.

The entry opens into the light-filled lounge area with plenty of room for all your friends and family to gather together and the potential to make some updates to modernise this humble space.

There are two good sized rooms, the main bedroom boasts plenty of space for a king bed while the second spare bedroom can be utilised as a study, guest bed or extra storage - the choice is yours. A centrally located combined bathroom and laundry complete this sweet home.

Other fantastic features of this home include:
Instant gas hot water
Fully fenced complex
NBN broadband connection
Single carport

Ideally located at the front of the complex, you are in a prime position within walking distance to bus stops, train station, St Augustine's Parish school, Tafe SA Salisbury campus, Parabanks shopping centre and all the great dining options Salisbury has to offer. With nothing left to do but reap in the rewards, this is an income positive property and fantastic stepping stone start to a complete fantastic lifestyle.

Call Mike Lao or Corey Wilkop to inspect!

Year Built / 1974 (approx)
Land Size / 60sqm (approx)
Frontage / 7.8m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,056.59 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $74.40 pa (approx)
Current Rental / Current fixed lease of $180 per week in place until 12.02.2022 (Current market value rent , $220 - $240 approx*)
Title / Strata Title
Strata Rates / $1,427pa (approx)
Easements / NIL
Internal Living / 53 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 16/24 Ponton St, Salisbury, SA 5108

A timeline of how this property has performed in the market
Last Sold
$165,000
25 Jan 2022
  • 25 Jan 2022
    Sold for $165,000
  • 06 Dec 2021
    Listed for Sale Under Contract!
  • 14 Oct 2005
    Sold for $93,000
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About Salisbury 5108

The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation. In 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.

Salisbury has 4,281 properties. Over the last 5 years, Houses in Salisbury have seen a 118.55% increase in median value, while Units have seen a 124.77% increase. As at 30 September 2024:

  • The median value for Houses in Salisbury is $630,887 while the median value for Units is $397,258.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Salisbury.

Suburb Insights for Salisbury 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.