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1-8/28 Coventry Road
Davoren Park SA 5113

Bedrooms: 8
Bathrooms: 8
Car spaces: 16
Land area: 1767m2
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8 Units 2 Street Frontages

Transform Your Investment Portfolio with These 8 Exceptional Units
Are you ready to elevate your investment strategy? This remarkable group of 8 well-maintained units in Davoren Park is your opportunity to secure a consistent, profitable income stream. Each unit offers one bedroom, one bathroom, and off-street parking, making this a hassle-free and lucrative addition to your portfolio.
Why This Property Is a Game-Changer:
These units are leased to secure, long-term tenants, providing you with immediate rental income. With a current rental appraisal showing potential earnings of $2320 per week or $120,640 per annum, this property promises a strong return on investment from day one.
Prime Location, Prime Opportunity:
Located in a thriving community, this property puts tenants within easy reach of a local shopping center, schools, takeaways, and public transport. Its prime location ensures long-term tenant demand, making this a solid investment in an area known for its growth and vitality.
Key Benefits:
• Comfort and Convenience: Each unit features split system air conditioning, ensuring tenants enjoy year-round comfort.
• Spacious Living: Generously sized units with private rear yards offer tenants ample living space and outdoor areas to relax and unwind.
• Modern Amenities: Every unit comes with a well-appointed bathroom, meeting the expectations of today's renters.
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Property Details for 1-8/28 Coventry Rd, Davoren Park

1-8/28 Coventry Rd, Davoren Park is a 8 bedroom, 8 bathroom BlockOfUnits with 16 parking spaces. The property has a land size of 1767m2. The place is currently for sale with One Point Eight Real Estate.

Building Type
BlockOfUnits
Land Size
1767m2

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About Davoren Park 5113

The size of Davoren Park is approximately 3.2 square kilometres. It has 18 parks covering nearly 15.7% of total area. The population of Davoren Park in 2011 was 7,000 people. By 2016 the population was 6,504 showing a population decline of 7.1% in the area during that time. The predominant age group in Davoren Park is 0-9 years. Households in Davoren Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Davoren Park work in a labourer occupation. In 2011, 44.7% of the homes in Davoren Park were owner-occupied compared with 46.3% in 2016.

Davoren Park has 3,440 properties. Over the last 5 years, Houses in Davoren Park have seen a 164.44% increase in median value, while Units have seen a 131.48% increase. As at 30 September 2024:

  • The median value for Houses in Davoren Park is $502,200 while the median value for Units is $401,484.
  • Houses have a median rent of $440 while Units have a median rent of $175.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Davoren park on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Davoren park.

Suburb Insights for Davoren Park 5113

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Michael Gleeson
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One Point Eight Real Estate
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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.