15 Deane Street

Salisbury North SA 5108

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this exceptional property offering a versatile floorplan ideal for large families, savvy investors, or those looking for their next business ventures. Situated on a 720sqm approx block with six bedrooms, four living areas, and two kitchens, the layout caters perfectly to those seeking space, privacy, and income potential.

Currently operating as a rooming home, it generates $1,020 per week with four tenants and approval for up to five residents. This setup offers a lucrative return and the potential to generate over $50,000 annually. Alternatively, transform it into the ultimate family haven with room for everyone to live, work, and play.

From the moment you step inside, the opportunities are evident. To the right of the entryway, you'll find a fully self-contained granny flat featuring a kitchen, a spacious living area with durable slate flooring, an air-conditioned master bedroom, a study nook, and a private en-suite. Enjoy direct access to one of two rear pergolas, making it an ideal space for multi-generational living or a private rental.

The main house boasts an eat-in kitchen complete with a walk-in pantry, electric appliances, laminate benchtops, and ample storage with overhead cupboards. A skylight adds natural light to this functional hub of the home. Living spaces abound, including a front lounge with a skylight and tiled flooring, a rear rumpus with a ceiling fan, storage room, day blinds, and a VJ panel feature wall, as well as an external studio equipped with a ceiling fan.

The five additional bedrooms all feature easy-care tiled flooring, ceiling fans, and individual door locks for added privacy. Bedroom six includes its own en-suite and external access, making it ideal for independent living or additional rental income.

Step outside to enjoy two shaded pergolas perfect for entertaining, a low-maintenance garden, and two sheds offering ample storage. At the front of the home, a generously paved parking area comfortably accommodates up to four cars, offering convenience for all residents. Whether you're seeking a high-yield investment or a spacious family home, this property delivers on all fronts.

Key features you'll love about this home:
- Smart keyless front door lock and security cameras
- Versatile floorplan with 6 bedrooms, 4 living areas, and 2 kitchens
- Granny flat with en-suite, study nook, and private entry
- Current rental income of $1,020 per week with rooming home approval
- Multiple outdoor entertaining areas and low-maintenance grounds
- Paved parking area for four cars

Conveniently situated within walking distance to local bus stops, Bagster Road restaurants, Salisbury North Oval, and Salisbury North Football Club, this property offers easy access to essential amenities. Nearby shopping includes Drakes Salisbury North and Parabanks Shopping Centre. Families will appreciate proximity to Salisbury North R-7 Primary School and Paralowie R-12 School, while commuters can reach Adelaide CBD in just 35 minutes.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1974 (approx)
Land Size / 720sqm (approx - sourced from Land Services SA)
Frontage / 19.81m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,747.68 pa (approx)
Water Rates (excluding Usage) / $662.20 pa (approx)
Es Levy / $129.60 pa (approx)
Current Rental / 4 rooms leased totalling $1,020per week
Title / Torrens Title 5362/936
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 159.7sqm (approx)
Total Building / 210.5sqm (approx)
Construction / Brick Veneer
Gas / Connected
Sewerage / Mains

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/IMdZlF

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 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.