FOR SALE
$475,000 - $495,000

Contact Agent For Address
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Prime Investment Opportunity!

Address available on request.
Discover the ease of a hassle-free investment with this modern apartment, designed to offer both style and comfort. An ideal choice for savvy investors seeking steady rental returns, this property is sure to impress.
This immaculate apartment boasts two generously sized bedrooms, each fitted with floor-to-ceiling built-in wardrobes, and a purpose-built study complete with custom joinery. The stunning kitchen showcases a stainless steel oven, dishwasher, stone benchtops, cooktop, ample storage, and sleek LED lighting. The spacious open-plan living area seamlessly connects the lounge, dining, and kitchen, leading to a private balcony with expansive panoramic views.
Radiating elegance, the spacious bathroom impresses with luxurious black floor tiles, wall tiling, and stylish fixtures, including a contemporary vanity and a sleek shower.
This apartment also showcases a modern, neutral colour palette, ample storage options, LED lighting, and large windows fitted with block-out blinds, allowing you to control the light to your preference. Additional conveniences include two secure storage units, one on the apartment level and another on the ground floor. Security is well-covered with a gated entrance and a dedicated parking bay.
Conveniently located only a few kilometres from the CBD and within effortless walking distance to shopping centres, parks and cafes and public transport at your doorstep. This well proportioned apartment offers a great opportunity for investors looking to take advantage of the highly sought after locale.
This property offers the security of a risk-free lease to the Department of Defence Housing Australia (DHA), providing guaranteed rental income of $460 per week. The rental return is reviewed annually and due to increase December 2024.
Investment Purchase Only: With the assurance of a secure lease in place, this property is an ideal investment opportunity for those seeking a low-risk, high-return venture.
Don't miss out on this exceptional opportunity to add a secure and hassle-free investment to your portfolio.

Property Details for Contact Agent For Address, Prospect

Contact Agent For Address, Prospect is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 77m2. The place is currently for sale with Ray White Henley Beach.

Building Type
Apartment
Floor Size
77m2

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About Prospect 5082

The size of Prospect is approximately 5 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2011 was 13,008 people. By 2016 the population was 13,288 showing a population growth of 2.2% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 65.4% of the homes in Prospect were owner-occupied compared with 65.1% in 2016.

Prospect has 6,903 properties. Over the last 5 years, Houses in Prospect have seen a 99.27% increase in median value, while Units have seen a 64.37% increase. As at 31 October 2024:

  • The median value for Houses in Prospect is $1,345,666 while the median value for Units is $560,249.
  • Houses have a median rent of $620 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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Contact agent
Mark Bowden
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Tyra Hennessey
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Ray White Henley Beach
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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.