14/218 Esplanade, Seacliff, South Australia, 5049

  • 2
  • 1
  • 1

Sold

Sold

OPPORTUNITY KNOCKS AT THE BEACHFRONT !

This first floor side unit, whilst securely leased until April 2019 to excellent long term tenants, offers a wonderful opportunity to the astute investor looking for a property to upgrade and renovate to further increase its value. In attractive sound original condition, with 2 bedrooms (main with robes), lounge, kitchen, bathroom plus off street parking space. Always a popular rental option due to its brilliant beachfront location adjacent a cafe, the excellent Seacliff Hotel and just walking distance to train, bus and sailing club. Some modernising would quickly add value and maximise the popular beachside location.

Current Government valuation $275000

Current Council Rates $967.50pa

SA Water – 12 months to 30/6/18 $720.66

Strata Fund including sinking fund $380.19 per quarter

Please note definitely inspection only at first “Open Inspection” on Saturday, 7th July from 3pm to 3.30pm.

We Know Your Area

R&H Suburb Profile: Seacliff

R&H Suburb Summary Houses
Number of sales 25
Average Price $853,943
Median Price $690,105
Median Rental Price $530 p.w.
Change in Rental Rate (5yr) 21 %
R&H Suburb Summary Units
Number of sales 8
Average Price $422,200
Median Price $328,550
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 8 %
Seacliff, SA - Median Trend
  • 14/218 Esplanade, Seacliff,
    South Australia, 5049