281 Salisbury Highway, Salisbury Downs SA 5108

On offer is a rare opportunity to secure a huge home, in a prime position with great exposure and potential for a home business enterprise. You can choose to rent out as is and reap the rewards, renovate and redecorate to instantly improve your yield and capital value or start your dream home business with the separate office, entry and living area available (STCC) the choice is yours.

Ideally located on a busy section of Salisbury highway with great exposure, you'll find this big 1973 built home with a fantastic flexible floor plan and spacious living options. The home comprises of a large lounge room, kitchen with stainless appliances opposite dining area that opens out to a huge family room. There are 4 bedrooms in total; 3 to the front and left side of the home that share easy access to the central separate bathroom and toilet, while the fourth bedroom has a two way bathroom. What makes this home special is the office/study or utility room with its own separate sliding door access from the carport where you can set up a small separate business or use as you desire. Prime for you to paint and profit or renovate and redecorate - this home is the perfect project at the perfect price.

Outside, you'll find a spacious single carport with plenty of room for extra storage on the side, a paved front yard for easy additional parking and double gates to the side for drive through access to the large garage. Security is sound with the large lockable front sliding gate and alarm system to protect the home.

The rental estimate for this property is approximately $290 to $340 per week (subject to an inspection by a Property Manager) with high demand for homes in the area. Current vacancy rates for Salisbury Downs is approximately 0.39% (depending on the source of information) allowing you to buy and get an instant income. With historically low interest rates, now is your chance to put a little money down to secure a great asset.

The home sits on a sizeable 724 sqm (approx) square allotment with low maintenance back yard ideal for an investment property. You are next to a medical centre, children's day care and bus stop, while being conveniently close to Salisbury Downs Primary school, Thomas More College and Hollywood Plaza Shopping Centre offering a prime position for a premium investment. This home is a rental with potential and an opportunity for you to purchase now and ponder the possibilities for profit later or secure a great home for you to create your future home business.

For further information call Mike Lao now!

Curious about the value of your home in Paralowie, contact Mike Lao

Council / City of Salisbury
Built / 1973
Land / 724sqm
Internal / 196.6sqm
Approx rental range / $290 to $340 per week