Sold
Last Asking Price - $271,429-$298,571
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2/5-7 Simpson Street, Salisbury East SA 5109

Apartment
21
Block size: 123 m² approx.

Invest and Prosper

Securing an affordable entry into the world of property investment is becoming increasingly difficult for those seeking to start off or add to their portfolio.

This unit presents as one such opportunity with reasonable strata fees, low maintenance yards and a long term tenant will to stay on for many years to come.

Located adjacent acres of open space and sports fields and merely moments away from local schooling this unit enjoys close proximity to convenience shopping making for and is conveniently situated between Salisbury and Golden Grove with Tea Tree Plaza simply a matter of minutes away.

This 2 bedroom unit is set in a well cared for group of 8 with ample parking provided from the street and lovely lawned common areas creating a sense of serenity.

Upon entry a large lounge greets you which flows through the casual meals and to the kitchen.

This unit has been updated in part although retains many of the original elements.

The rear yard is private and low maintenance and suits a busy tenant and a landlord seeking a fuss free property.

Already delivering excellent returns of $225 per week with a very house proud tenant, this property is an ideal entry point for those seeking to get a foothold in this effervescent real estate market and benefit from the growth of this very connected northern suburb.


**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

**PRICING**
For the most part of the last 26 years I have been releasing properties to the market without a price. I do so just for the first open inspection and then we set a price with the Vendor/s in consideration of the feedback derived from the first open. I understand that may frustrate some buyers but the frustration will be rewarded with a price range set that is an accurate reflection of market value balanced by the Vendor/s expectation. It is also frustrating for a vendor to be on the market for weeks longer than necessary because they have over priced their property. Or if they choose to price the home in excess of feedback levels they can do so knowingly and factor that into their timeframe. I will release a price by way of SMS to all buyers who attend the first open and upload a price as soon as practicably thereafter. Thank you and should you have any further questions about my rationale in marketing properties successful in this manner for over 1600 sales please feel free to call me directly anytime.


CT: 6093/277
House Size: 52mò
Year Built: 1986
Zone: General Neighbourhood
Council: City of Salisbury

RLA 232366

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
2
Bathrooms:
1
Property type:
Apartment
Block Size:
123 *

Other Details

Plan Type:
S
Plan:
7741
Parcel Type:
U
Parcel:
2
Legal description:
S/7741/U/2
REAL Estate Agents Group - Pt. Adelaide / Salisbury

Maps and area information

Block information
Block size: 123 (approx)
Legal description: S/7741/U/2
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
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.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
15 Apr 2024
Sold
REAL Estate Agents Group - Pt. Adelaide / Salisbury
Listed: 30/01/2024
Block size: 60m²
Transfer type: Full transfer
15 Apr 2024
Sold
REAL Estate Agents Group - Pt. Adelaide / Salisbury
Listed: 30/01/2024
Block size: 60m²
Transfer type: Full transfer

Salisbury East suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
9,273
Listing ID: 182256529. This listing has been viewed 16 times. It was first displayed on 30/01/2024 and last updated on 15/04/2024.
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.