1 Massey StreetSalisbury North SA 5108
Property Details for 1 Massey St, Salisbury North
1 Massey St, Salisbury North is a 0 bedroom, 0 bathroom House and was built in 1964. The property has a land size of 600m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom House sold in Salisbury North in the last 12 months.
Last Listing description (November 2024)
This Home is a Work Of Arch
To make an offer click https://prop.ps/l/myPsaJqnqNPh
Presenting a fantastic chance to own two semi-detached homes on a single title, perfectly suited for investors looking to maximize their rental income! Situated in the desirable area of Salisbury North, this unique property spans a combined 600 sqm, providing ample space for both residences and future development potential (SCC)
The location is not only convenient but also promising, as Salisbury North continues to grow and evolve, making it an ideal choice for savvy investors. With two homes offering separate living arrangements, this property provides the perfect setup for dual rental income.
Property Features:
Residence 1:
Fully updated kitchen with modern finishes
Stylish flooring and fresh paint throughout
Spacious lounge with open-plan kitchen/dining area
Two bedrooms
Currently leased at $360 per week (periodical)
Residence 2:
Fully updated flooring and fresh paint
Updated Kitchen
Large lounge with open-plan kitchen/dining
Two bedrooms
Potential rental income of $450 per week
Both properties could achieve a combined rental income of $900 per week, making this an outstanding investment opportunity in a location poised for future growth. Don't miss out on this incredible chance to secure two rental properties in one!
CT - 5421 / 708
Land size - 600m2 approx
House size - 174m2 approx
Frontage - 27m approx
Built - 1964
Council - City of Salisbury
Rental Estimate - Combined $900pw approx
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
Property History for 1 Massey St, Salisbury North, SA 5108
- 31 Oct 2024Sold
- 27 Sep 2024Listed for Sale Not Disclosed
- 01 Jun 2007Sold for $234,000
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0About Salisbury North 5108
The size of Salisbury North is approximately 4.2 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Salisbury North in 2011 was 9,277 people. By 2016 the population was 9,886 showing a population growth of 6.6% in the area during that time. The predominant age group in Salisbury North is 30-39 years. Households in Salisbury North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury North work in a labourer occupation. In 2011, 58.2% of the homes in Salisbury North were owner-occupied compared with 57.6% in 2016.
Salisbury North has 4,533 properties. Over the last 5 years, Houses in Salisbury North have seen a 133.65% increase in median value, while Units have seen a 125.16% increase. As at 31 October 2024:
- The median value for Houses in Salisbury North is $574,327 while the median value for Units is $508,266.
- Houses have a median rent of $500 while Units have a median rent of $470.
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