21 & 23 Massey St, Salisbury North SA 5108

Mike Lao, Brendon Ly and Edge Realty RLA256385 are excited to present this exceptional opportunity to acquire two side-by-side properties on one title, offering strong rental returns and outstanding future development potential. Both homes have been thoughtfully designed for low-maintenance living and are currently tenanted on fixed leases, generating a combined income of $820 per week. The quiet yet convenient location will impress a wide range of astute house-hunters as will the expansive 869sqm approx land size.

A statement pillar fence and a large raised garden bed shared between the two residences gives you a warm welcome home. At #21, double gates lead you to a triple length carport, where as #23 provides off-street parking for multiple vehicles or even trailers on the large driveway that reaches the rear yard.

The entries open to reveal generous living zones that feel bright and inviting and ducted evaporative cooling that flows throughout the homes ensures comfort in summer months. Each abode has a front lounge room and combined kitchen and meals area, ensuring plenty of room to gather with loved ones or host guests in comfort and style.

They are equipped with a freestanding gas cooktop and oven with a separate grill, painted wood cabinetry and overhead cupboards to hold cooking essentials.

Accommodation is well catered for with all 6 bedrooms featuring timeless pine floorboards that flow throughout. The bathrooms in both homes contain a convenient showerbath and separate toilet. Both laundries are functional and well-maintained with a trough and external access doors.

Both properties have a verandah and #23 is treated to a lush lawn with raised garden beds and a dedicated garden shed, whilst #21 enjoys an expansive rumpus room with carpet floors, air-conditioning and a built-in stage.

Key features you'll love about this home:

- Two semi-detached homes on a 869sqm approx block

- Combined rental income for both homes of $820 per week

- Ducted evaporative cooling throughout

- Off-street parking behind gates at both residences

- #21 comes with a large rumpus and built-in stage

This enviable location places you just moments from everything you could ever need. A short walk from your front door will take you to the picturesque Lake Windemere playground and you're within easy reach of Perry Street Reserve. Families will appreciate being so close to a selection of local schools including Paralowie R-12 School and Lake Windemere School. You're conveniently located between both the Parabanks Shopping Centre and the Springbank Plaza Shopping Centre, with major retailers and amenities on hand. For those travelling to the CBD, the Nurlutta Station and local bus stops are in close proximity, as is the North-South Motorway, ensuring it is only a mere 30 minute drive.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1964 (approx)

Land Size / 869.6sqm (approx - sourced from Land Services SA & AutoCAD)

Frontage / 25.22m (approx)

Zoning / GN - General Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,305.56pa per property (approx)

Water Rates (excluding Usage) / $677pa per property (approx)

Es Levy / $105.25pa per property (approx)

Current Rental / Total of $820pw

21 Massey - Fixed lease of $400pw until 25/2/26

23 Massey - Fixed lease of $420pw until 21/7/26

Estimated Rental / 21 Massey - $450-480pw & 23 Massey - $430-470pw

Title / Torrens Title 5685/131

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 140sqm (approx)

Total Building / 360.5sqm (approx)

Construction / Brick Veneer

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/rwHAam

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.