OFF MARKET

77 Spains Road
Salisbury SA 5108

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 688m2
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Last updated 11 Nov 2024
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Property Details for 77 Spains Rd, Salisbury

77 Spains Rd, Salisbury is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 688m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last transferred in August 2018.

Building Type
House
Year Built
1972
Floor Size
130m2
Land Size
688m2
Local Government
Salisbury
Lot/Plan
A6/F113490

Last Listing description (November 2016)

A Great Opportunity for a keen renovator / handyman to acquire a Well Priced Property, improve it and benefit from the increase in Capital Value. This property is not for the average buyer or the faint hearted. It requires a good clean, renovation and redecoration and there are signs of termite damage so unless you?re pretty handy, this one is not for you. On the other hand, if you?re good with the tools then this represents a tremendous opportunity.
Situated on a large (670m2) corner allotment, there also exists potential for Demolition, Division and Redevelopment, Subject to required Consents.
Other than the much needed work and capital investment some of the many other valuable and great features are as follows:

Solid Double Brick Construction
4 Good Sized Bedrooms
Separate Entry / Hallway
Lounge / Living Room
Functional Kitchen with Ample Cupboards
Separate Dining Area
Office / Sleepout Under Main Roof
Full Length Rear Verandah
High Clearance Carport accommodating 3 Vehicles
Large ( 670m2 ) Corner Allotment
Situated Close to Hollywood Shopping and Main Transport Routes
Fantastic Potential!!!
If you have been on the lookout for a Good Renovation Project for profit or are just looking to get in cheap and renovate into a great home with great value, then this is an opportunity not to miss.

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Property History for 77 Spains Rd, Salisbury, SA 5108

A timeline of how this property has performed in the market
Last Transferred
30 Aug 2018
  • 30 Aug 2018
    Transferred
  • 26 Oct 2016
    Sold for $242,000
  • 17 Aug 2016
    Listed for Sale $239,000

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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 4,287 properties. Over the last 5 years, Houses in Salisbury have seen a 119.93% increase in median value, while Units have seen a 126.33% increase. As at 31 October 2024:

  • The median value for Houses in Salisbury is $638,693 while the median value for Units is $415,175.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Salisbury.

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