OFF MARKET

24/11-15 Hollywood Boulevard
Salisbury Downs SA 5108

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 46m2
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Property Details for 24/11-15 Hollywood Bvd, Salisbury Downs

24/11-15 Hollywood Bvd, Salisbury Downs is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 46m2. While the property is not currently for sale or for rent, it was last sold in January 2013.

Building Type
Unit
Year Built
2004
Land Size
46m2
Local Government
Salisbury
Lot/Plan
F24/C22886

Last Listing description (November 2012)

To find out how we can do the same for you, call Mike Lao 0410 390 250

In today's market, to get your home sold quickly for the highest possible price, you need the best agent working for you. A premium result requires much preparation, an effective strategy, marketing expertise and negotiation skills. Don't rely on luck and put one of your biggest assets with any agent. Ask us today how we can help you.... For a discreet, complimentary chat about your Real Estate needs call Mike Lao now on 0410 390 250.

-Highly Experienced

-Expert Local Knowledge
-Wide Community Presence most number of home listings
-Proven track record most number of sales
-Award Winning Results: Alan White Award for Sales Excellence 2009, 2010 and 2011
-If you are thinking of selling your home, talk to Mike and find out why he's one of the best agents in the area.

With an ageing population and the baby boomers about to retire, this is a lucrative investment opportunity offering unbeatable position, price and yield! Ideally located close to Hollywood Plaza Shopping Centre and public transport, fully serviced and with a current rent of $200 per week, you can set and forget this one, while counting the amazing cash flow.

This partly furnished, beautiful 1 bedroom unit has new carpets, a reverse cycle air conditioner and comprises of spacious lounge, gallery style kitchenette, laundry, master bedroom with ensuite and BIR that has sliding doors leading to a lovely private courtyard.

Perfectly designed to cater for easy retirement living, the low maintenance unit is surrounded by stunning landscaped gardens and covered walkways leading to fantastic onsite facilities such as library, resident's lounge, community centre and function hall. An on-site manager and friendly staff are always on hand and residents also have the option of 3 catered daily meals.

Set in a secure lifestyle complex of 50 units only 6 years young, professionally managed with the best long term tenants this is a great little money maker for your portfolio. Both affordable with high yield and demand this is an unbeatable combination to take care of your future or look after your parents well with this! Also, if you are looking for great retirement living for yourself, then you can instantly benefit from the fantastic lifestyle on offer!

Priced to sell, don't miss out on this opportunity!

Phone Mike Lao now to inspect! - 0410 390 250

Over 9.5% gross yield!

- Fixed lease til 5/1/2014 of $200 per week or $10,400 per year

- Council rates $810.65 pa

- Water $68.25 per quarter

- Sewer $81.25 per quarter

- Emergency Services Levy $179.80

- Strata Fees $272.10 per quarter

- Sinking Fund $78.35 per quarter

- Caretakers Fees $187.50 per quarter

- River Murray Catchment Scheme $42 pa

With low interest rates, small outlay, work out your rental returns now!

Property History for 24/11-15 Hollywood Bvd, Salisbury Downs, SA 5108

A timeline of how this property has performed in the market
Last Sold
$99,000
17 Jan 2013
  • 17 Jan 2013
    Sold for $99,000
  • 03 Sep 2012
    Listed for Sale $99,000 - $108,000
  • 06 Jun 2007
    Sold for $135,000
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About Salisbury Downs 5108

The size of Salisbury Downs is approximately 2.8 square kilometres. It has 16 parks covering nearly 13.5% of total area. The population of Salisbury Downs in 2011 was 5,258 people. By 2016 the population was 5,973 showing a population growth of 13.6% in the area during that time. The predominant age group in Salisbury Downs is 20-29 years. Households in Salisbury Downs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury Downs work in a labourer occupation. In 2011, 60.4% of the homes in Salisbury Downs were owner-occupied compared with 60.2% in 2016.

Salisbury Downs has 2,691 properties. Over the last 5 years, Houses in Salisbury Downs have seen a 108.48% increase in median value, while Units have seen a 51.94% increase. As at 31 July 2024:

  • The median value for Houses in Salisbury Downs is $600,559 while the median value for Units is $330,669.
  • Houses have a median rent of $475 while Units have a median rent of $278.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Salisbury downs on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Salisbury downs.

Suburb Insights for Salisbury Downs 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.