14/218 Esplanade, Seacliff, SA 5049

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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.

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R&H Suburb Profile: Seacliff

R&H Suburb Summary Houses
Number of sales 32
Average Price $833,414
Median Price $683,500
Median Rental Price $458 p.w.
Change in Rental Rate (5yr) 12 %
R&H Suburb Summary Units
Number of sales 11
Average Price $379,182
Median Price $359,000
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 5 %
Seacliff, SA - Median Trend
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