11 Salford Street, Salisbury, Queensland 4107
Offers Over $650,000
High Performing Investment OpportunityWith the impressive growth Salisbury is experiencing, this already fully tenanted, recently updated property is an impressive investment. Situated in a very quiet and lush street, within walking distance to Griffith university, this is another reason why your sights should be set on 11 Salford Street as an increasingly desired location with room for future opportunity on a 627m2 block of land.
Current Annual Gross : $750/week = $39,000/year
Fully Tenanted Currently
Historically can achieve up to $780/week = $40,560/year
Walking Distance to Griffith University
Approx. 1km from QEII Jubilee Hospital
627m2 Parcel of Land
6 Air Conditioned Bedrooms, 5 Fully Furnished
2 Separate Toilets
Open Plan Equipped Kitchen/Dining
Council Registered Student Accomodation with Required Fire/Safety Compliance in place
Hard Wired Smoke Alarms
2 Car Lock Up Garage
Plenty of Dry Storage Below
Fully Furnished Throughout Common Areas
Easy Public Transport for both Bus and Train Station
Easy Access to Pacific Highway
Why Invest in Salisbury?
Being neighboured by the likes of Tarragindi, Moorooka and Mt Gravatt, it isn't surprising that we are seeing the price pressure fall on Salisbury. Currently, a 4 bedroom home is Salisbury gives you a median value of $668,000, while a standard 3 bed sits at $557,000.
Situated approx. 9km South of the Brisbane CBD, over the last 5 years Salisbury has experienced a 34.6% increase in median value, making 11 Salford Street attractive for various reasons. If you are going to invest in a property with the intention to see return, you are in the right position to watch it grow as an increasingly moving suburb as well as reaping the benefits of the current arrangement.
Having Griffith university local to Salisbury, there is always a market for students looking for accomodation. The entrance to Griffith Nathan campus is minutes from 11 Salford Street.
Every suburb has its quirks and "local" hotspots, Salisbury is no exception with the cute cafes available to the residents. On top of that, Salisbury offers a variety of conveniences and shops. Plus for an extensive shopping experience, it is an easy drive to Westfield Garden City.
If you would like to know more, or book an inspection, please get in touch at your earliest convenience.
- Bedroom: 6
- Bathrooms: 2
- Garaging: 1 ( secure parking )
- Off Street Parking: 2
- Land Size: 627 m2 (approx)
- Garden Shed
- Air Conditioning
- Rumpus Room
House Links / Tools
This listing last updated: 6th Nov 2017