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Sold
1-5/24 Mawson Road,
Salisbury 5108, South Australia
$1,692,000
Property details
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Agents
PROPERTY SOLD AT AUCTION!
An outstanding opportunity presents itself at 1-5/24 Mawson Road, Salisbury, offering investors the rare chance to secure an entire group of five one-bedroom units on a generous 1,040sqm allotment. Opportunities like this are seldom available and present immediate rental income with exciting potential to further enhance and add value over time.
Each unit is currently tenanted, providing a combined rental return of $1,550 per week, making this an attractive addition to any investment portfolio. The units are well maintained and in good overall condition, while also offering scope for cosmetic upgrades or renovations to further maximise rental returns and capital growth.
Investment Highlights:
• Entire group of 5 one-bedroom units offered in one line
• Positioned on a substantial 1,040sqm allotment
• Current total rental return of $1,550 per week
• Unit 1 - $350 per week
• Unit 2 - $300 per week
• Unit 3 - $250 per week
• Unit 4 - $300 per week
• Unit 5 - $350 per week
• Units in good condition with potential to renovate and add value
• Ideal opportunity for investors seeking strong cash flow and long-term growth
Perfectly positioned in the heart of Salisbury, the property is conveniently located close to local shops, schools, public transport, and major amenities, making it an appealing option for tenants and investors alike.
This is a rare and versatile investment opportunity with immediate income and the potential to unlock further value in the future.
Each unit is currently tenanted, providing a combined rental return of $1,550 per week, making this an attractive addition to any investment portfolio. The units are well maintained and in good overall condition, while also offering scope for cosmetic upgrades or renovations to further maximise rental returns and capital growth.
Investment Highlights:
• Entire group of 5 one-bedroom units offered in one line
• Positioned on a substantial 1,040sqm allotment
• Current total rental return of $1,550 per week
• Unit 1 - $350 per week
• Unit 2 - $300 per week
• Unit 3 - $250 per week
• Unit 4 - $300 per week
• Unit 5 - $350 per week
• Units in good condition with potential to renovate and add value
• Ideal opportunity for investors seeking strong cash flow and long-term growth
Perfectly positioned in the heart of Salisbury, the property is conveniently located close to local shops, schools, public transport, and major amenities, making it an appealing option for tenants and investors alike.
This is a rare and versatile investment opportunity with immediate income and the potential to unlock further value in the future.
Explore the area
School catchments
- Salisbury Primary School Primary R-6 Government 0.20km
- St Augustine's Parish School Primary R-6 Catholic 0.51km
- Brahma Lodge Primary School Primary R-6 Government 1.2km
- Salisbury High School Secondary 7-12 Government 1.2km
- Salisbury North Primary School Primary R-6 Government 1.7km
- Thomas More College Secondary 7-12 Catholic 2.0km
- Salisbury Downs Primary School Primary R-6 Government 2.2km
- Salisbury Park Primary School Primary R-6 Government 2.2km
- Salisbury East High School Secondary 7-12 Government 2.3km
- Tyndale Christian School Combined R-12 Independent 2.4km
- Madison Park School Primary R-6 Government 2.5km
- Paralowie School Combined R-12 Government 2.7km
- Riverdale Primary School Primary R-6 Government 2.9km
- Elizabeth Vale Primary School Primary R-6 Government 3.1km
- Salisbury Heights Primary School Primary R-6 Government 3.1km
- Keller Road Primary School Primary R-6 Government 3.1km
- Parafield Gardens High School Secondary 7-12 Government 3.3km
- Parafield Gardens Primary School Primary R-6 Government 3.4km
- The Pines School Primary R-6 Government 3.6km
- Temple Christian College - Bethany Campus Secondary Independent 3.7km
- Para Hills High School Secondary 7-12 Government 3.8km
- Garden College Combined R-12 Independent 3.9km
- King's Baptist Grammar School - Wynn Vale Campus Combined R-12 Independent 4.7km
- Kaurna Plains School Combined R-12 Government 4.8km
- Playford International College Secondary 7-12 Government 5.0km
- Pedare Christian College Combined R-12 Independent 5.4km
- Golden Grove High School Secondary 7-12 Government 5.5km
- Endeavour College Secondary 7-12 Independent 5.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Michael Cavuoto
Contact Michael Cavuoto
Michael Cavuoto
1-5/24 Mawson Road, Salisbury SA 5108
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Michael Cavuoto
1-5/24 Mawson Road, Salisbury SA 5108