Elmgrove RoadSalisbury North SA 5108
Property Details for 28-30 Elmgrove Rd, Salisbury North
28-30 Elmgrove Rd, Salisbury North is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 1106m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (June 2024)
Auction Location: On-site
AUCTION: Saturday 1st July 2023 at 10:00am, On-site
Built in 1962, and set on an impressive parcel of land of approx. 1,106 m2 as well as Torrens titled and easement free, this allotment boasts a street frontage of approx. 28.9 metres.
This a great opportunity to bolster your investment portfolio with a strong rental return and the long-term potential to bring down both dwellings to capitalize on this large allotment (STCC).
Features include:
* Torrens titled allotment approx. 1,106 sqm, easement free and encumbrance free
* Two semi-detached tenanted properties on the one title
* 28 Elmgrove ? 2 large bedrooms, open planned kitchen, meals & living
* 28 Elmgrove ? large enclosed carport
* 30 Elmgrove ? 3 bedrooms, open planned kitchen, meals and living
* Large rear yards
* Combined rental income of $560 per week
28 Elmgrove Road is currently tenanted on a fixed lease until 29th March 2024 for $280 per week.
30 Elmgrove Road is currently tenanted on a fixed lease until 15th December 2023 for $280 per week.
Astute investors take note this is an ideal opportunity to secure a solid investment consisting of two semi-detached properties on the one title. Both currently with fixed leases in place to long-term tenants and well positioned only ever a short distance from local schools, shops, public transport, sporting clubs, and all the major retailers at the Parabanks Shopping centre.
Register your interest today with Ryan Graham to ensure you don't miss this giant opportunity!
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at either of our two LJ Hooker Property Specialists Real Estate offices for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA 208516
Property History for 28-30 Elmgrove Rd, Salisbury North, SA 5108
- 02 Aug 2023Sold for $635,000
- 13 Jun 2023Listed for Sale Auction ($550,000)
- 18 Nov 2016Listed for Rent - Price not available
Recent sales nearby
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About Salisbury North 5108
The size of Salisbury North is approximately 4.2 square kilometres. There are 17 parks, covering nearly 11.9% of the total area. The population of Salisbury North in 2016 was 9891 people. By 2021 the population was 10683 showing a population growth of 8.0% 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 2021, 57.60% of the homes in Salisbury North were owner-occupied compared with 57.60% in 2016.
Salisbury North has 4,612 properties. Over the last 5 years, Houses in Salisbury North have seen a 154.29% increase in median value, while Units have seen a 148.38% increase. As at 31 May 2026:
- The median value for Houses in Salisbury North is $710,487 while the median value for Units is $564,793.
- Houses have a median rent of $550 while Units have a median rent of $450.
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