SOLD
Sold on 15 Oct 2024 for $318,000

1/7 Lewis Road
Carrickalinga SA 5204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 88m2
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Property Details for 1/7 Lewis Rd, Carrickalinga

1/7 Lewis Rd, Carrickalinga is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 88m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Carrickalinga in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
50m2
Land Size
88m2
Local Government
Yankalilla
Lot/Plan
U1/S3685

Last Listing description (October 2024)

Sold under the hammer at auction - if you are looking to sell or buy in Carrickalinga, contact Jason on jason.ohalloran@raywhite.com to find more properties and sell with a local agent.

Snap up this income-producing investment opportunity moment away from the Carrickalinga foreshore. Situated on popular Lewis Road that is only one street from the beach, the property is set among a small group of 3.

Formatted with 2 bedrooms, main bathroom, lounge and kitchen, the home is very comfortable and accommodating. Air conditioned, neutral paintwork, light and bright windows and a flexible layout allows year round comfort. A small rear yard allows for a green outlook, there is a shared laundry room onsite, and a dedicated garage spot for a vehicle provides off street parking.

The home is currently leased to very reliable long-term tenants, with a weekly return of approx. $220pw ($11,440 annually). The tenancy is fixed-term, and runs until 2nd April 2025 (tenants very happy to extend beyond that date). The property is professionally managed by Ray White Normanville.

If you are looking for an investment property on the popular and steadily growing rental market here on the Fleurieu - look no further. With a great tenancy, professional management and a price that is right, this rare investment opportunity is perfect. Contact Jason on jason.ohalloran@raywhite.com to learn more.

*NOTE - Property brochure pack available upon request.
*NOTE - Images provided show the property pre-lease and also with tenants currently in residence.

Land Size / 104 sqm (approx.)
Services available / Mains power and water
Local Council / District Council of Yankalilla
Rental Management / Ray White Normanville
Rental Return / $220pw
Annual Rental return / $11,420pa
Rental Tenancy / Ends 2/4/2025
Title / Strata

PLEASE NOTE: This property is being auctioned onsite, Sunday 8/9/2024 at 1:00pm (Unless Sold Prior) in line with current South Australian Real Estate legislation. Should you be interested we can provide you with a printout of recent sales to assist you in your value research.

The sales documentation including the Vendor's statement may be inspected at 67 Main South Road, Normanville, SA 5204 for 3 consecutive business days immediately preceding the auction; and will be on display at the auction for 30 minutes before the Auction commences.

Disclaimer: We have obtained all the information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor 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.

If a land size is quoted it is an approximation only. You must make your own inquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development inquiries and site requirements should be directed to the local govt. authority.

Property History for 1/7 Lewis Rd, Carrickalinga, SA 5204

A timeline of how this property has performed in the market
Last Sold
$318,000
15 Oct 2024
Listed for Rent
19 Mar 2021
  • 15 Oct 2024
    Sold for $318,000
  • 22 Aug 2024
    Listed for Sale SOLD AT AUCTION
  • 18 Feb 2021
    Listed for Rent - Price not available
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About Carrickalinga 5204

The size of Carrickalinga is approximately 16.1 square kilometres. It has 12 parks covering nearly 6% of total area. The population of Carrickalinga in 2011 was 281 people. By 2016 the population was 363 showing a population growth of 29.2% in the area during that time. The predominant age group in Carrickalinga is 60-69 years. Households in Carrickalinga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carrickalinga work in a labourer occupation. In 2011, 74.5% of the homes in Carrickalinga were owner-occupied compared with 74% in 2016.

Carrickalinga has 946 properties. Over the last 5 years, Houses in Carrickalinga have seen a 87.04% increase in median value, while Units have seen a 74.26% increase. As at 30 September 2024:

  • The median value for Houses in Carrickalinga is $737,151 while the median value for Units is $396,308.
  • Houses have a median rent of $620.
There are currently 8 properties listed for sale, and 1 property listed for rent in Carrickalinga on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Carrickalinga.

Suburb Insights for Carrickalinga 5204

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Ray White Normanville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.