Under Offer 09/02/2024
$1.25 to $1.35 Mil
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16-28 Amanda Street, Salisbury SA 5108

House
2214
Block size: 2479 m² approx.

An Exceptional Development & Investment Opportunity

In a multitude of ways, 16-28 Amanda Street unveils extraordinary investment and developmental prospects (subject to council consent). Comprising 8 distinct titles in conjunction with a residential lease, and 3 ongoing commercial leases, this property boasts full tenancy and yields a substantial annual income of $78,000. This remarkable yield positions it as an incredibly lucrative investment choice. Combined with its steadfast, long-standing tenants and the future potential to accommodate up to 6 businesses through the available 6 shop fronts, this site assures robust and secure returns well into the foreseeable future.

Significant on-site parking and an impressive 32Kw solar system further enhance its appeal.

And that's not allconsider the expansive developmental possibilities of this site. Boasting a commanding 95.27m frontage on a 2,479m2 corner allotment within a General Neighborhood zone, the prospects for future development, become irresistibly appealing.

Rarely does a property arise that seamlessly melds remarkable developmental potential with substantial cash flow and returns. This property encapsulates an unparalleled synergy of prosperous opportunities and promising horizons.

Opportunities like this are extremely rare, so call now to arrange a time to inspect before it's too late.

Features include: Solar Panels

Inspections

No open inspections scheduled.

Send an enquiry

Contact Angelo Mena to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Garage Spaces:
14
Property type:
House
Block Size:
2479 *

Other Details

Plan Type:
D
Plan:
74788
Parcel Type:
A
Parcel:
201
Legal description:
D/74788/A/201
Alexa Real Estate Pty Ltd, Alexa Rentals

Maps and area information

Block information
Block size: 2479 (approx)
Legal description: D/74788/A/201
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 25 houses with 2 bedrooms that just sold near 16-28 Amanda Street Salisbury

Property history

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See Salisbury's suburb profile

Salisbury suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
8,841
Listing ID: 182039644. This listing has been viewed 42 times. It was first displayed on 27/10/2023 and last updated on 09/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.