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1-5/24 Mawson Road, Salisbury$1.69m
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Soldland

1-5/24 Mawson Road

Salisbury, SA 5108, Australia
$1.69m
5 bed 5 bath1036 m²

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About this property

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.

Property Details

Property Type
land
Listing Type
Sold
Bedrooms
5
Bathrooms
5
Land Area
1036 m²
Listed
3 months ago

Repayment calculator

$8,203/month
$4,101 /fortnight
Loan $1,353,600 at 6.10% over 30 years

Upfront costs

Deposit$338,400
Stamp duty$86,890
Conveyancing (est.)$2,000
Total upfront$427,290
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Salisbury

This 5-bedroom land in Salisbury, SA 5108 sits within reach of public transport, local shops and nearby schools. It is listed 161% above the $649,000 median of 66 comparable landswithin 5 km.

Schools near Salisbury

  • St Augustine's Parish Schoolprimary · R-6 · CoEd
  • Indie School Salisbury Campussecondary

What's nearby

  • Stop 49 Church Street - West side (bus)355 m away
  • Baba Bakery296 m away
  • Unnamed83 m away
  • Salisbury Civic Plaza / Inparrinthi Kumangka441 m away
  • Unnamed609 m away

Salisbury at a glance

Full suburb profile
Population
8,841
Median age
37
Household income
$1,029/wk
Median rent
$260/wk
Median mortgage
$1,213/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Salisbury price trend

Median sold · House 3 bed

Compound growth +19.7% / yr over 4 yrs

$755kcurrent median

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