SOLD
Sold on 18 Dec 2023 for $160,000

42/11-15 Hollywood Boulevard
Salisbury Downs SA 5108

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 33m2
Land area: 46m2
Sold By
Ouwens Casserly
Save

Property Details for 42/11-15 Hollywood Bvd, Salisbury Downs

42/11-15 Hollywood Bvd, Salisbury Downs is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 46m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Salisbury Downs in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
33m2
Land Size
46m2
Local Government
Salisbury
Lot/Plan
F42/C22886

Last Listing description (December 2023)

Offers Close Mon, 16th Oct - 5pm (usp)

UNIT 36 & 42 NOW AVAILABLE

Please note: The images provided are for presentation purposes and depict a similar unit inside the complex. The actual unit available may have slight differences and includes the following unique features.

A modern and airy one bedroom unit located within a well-maintained and secure retirement complex. This residence is conveniently situated just steps away from Hollywood Plaza shopping centre, medical facilities, and public transport.

This property not only offers a secure and consistent rental income but also taps into the growing demand for retirement living. With an aging population, the demand for comfortable, well-located retirement units is on the rise, making this a smart choice for investors seeking long-term stability. The village boasts a strong community, excellent amenities and a prime location, ensuring a steady stream of potential tenants.

The unit boasts a functional kitchenette, a large bathroom with laundry trough and room for a washing machine, and a combined lounge/dining room. Designed to be wheelchair and frame-friendly, the home also offers a private rear courtyard and a well-maintained lawn and garden area at the front. To live in this unit, you must be aged 55+.

Inside, the unit features a built-in robe in the bedroom, plush carpet throughout, and r/c split system air-conditioning.

The complex itself offers a delightful array of amenities including lovely gardens, a BBQ area, covered walkways between buildings, a library, resident's lounge, a community activity centre, and an option to have all meals provided daily. With an on-site manager available 24/7 and friendly staff always ready to assist, convenience is at your doorstep.

Currently tenanted at $245 per week, leased until 1/03/24; it stands as an ideal addition to your self-managed super fund, or a perfect place to plan your future retirement living in a unique setting.

Contact us today to learn more and to arrange a viewing of this distinctive retirement living opportunity.

OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275403

Property History for 42/11-15 Hollywood Bvd, Salisbury Downs, SA 5108

A timeline of how this property has performed in the market
Last Sold
$160,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $160,000
  • 22 Sep 2023
    Listed for Sale Contact Agent
  • 12 Jun 2015
    Sold for $105,000
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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 2,693 properties. Over the last 5 years, Houses in Salisbury Downs have seen a 121.14% increase in median value, while Units have seen a 108.14% increase. As at 30 September 2024:

  • The median value for Houses in Salisbury Downs is $625,753 while the median value for Units is $416,551.
  • Houses have a median rent of $500 while Units have a median rent of $278.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Salisbury downs on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Salisbury downs.

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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.