36-38 Elmgrove Road, Salisbury North SA 5108

Auction Location: On-site.

AUCTION: Friday 17th December 2021 at 12:30pm, on-site

***COVID-19 We are still here to assist you.
Please note that new regulations and restrictions will apply to all private and open home inspections. To ensure the safety of our staff, vendors, buyers and the greater community, your assistance with following these guidelines, provided to you by your agent, will be most appreciated.
Please note that we are monitoring government instructions and this is subject to change at any time.***

Originally constructed back in 1962, this impressive allotment on approx. 1,106 sqm of Torrens titled easement free land currently boasts two individual investments. Currently yielding a combined rental amount of $535 per week, this one would be a welcomed addition to your portfolio with the added benefit of this block underpinning your investment for potential future development.

A great opportunity to bolster your investment portfolio with the potential to bring down both dwellings in the future and capitalize on the large allotment always subject to council consent.

Features include:
* Torrens titled allotment approx. 1,106 sqm
* Frontage of approx. 25.91 meters.
* Two semi-detached tenanted properties on the one title
* Each property with 3 beds rooms
* Functional floor plan with spacious living area
* Fully fenced properties
* Large rear yard
* Single carport to each homette

Leases currently in place:
* 36 Elmgrove Road currently tenanted to 28th February 2022 for $255 per week
* 38 Elmgrove Road currently tenanted to 14th October 2022 for $280 per week.

Positioned only a short distance from local schools, shops, public transport, sporting clubs and all the major retailers at the Parabanks Shopping centre.
Make sure you register you interest today to ensure you don't miss this giant opportunity!

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) At our office located at Shop 4, 222 Target Hill Road, Greenwith SA 5125 for at least 3 consecutive business days immediately preceding the auction; and
(B) At the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.