OFF MARKET

4 Everest Avenue
Andrews Farm SA 5114

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 193m2
Land area: 600m2
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Property Details for 4 Everest Ave, Andrews Farm

4 Everest Ave, Andrews Farm is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 600m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
2008
Floor Size
193m2
Land Size
600m2
Local Government
Playford
Lot/Plan
A305/D74869

Last Listing description (October 2016)

A BIG PROPERTY WITH BIG INVESTMENT UPSIDE - This modern four- bedroom residence located in the northern Adelaide suburb of Andrews Farm was constructed in 2008 on a 600m 2 allotment and includes open plan kitchen, meals and rumpus, dedicated dining room/ living area, bathroom, laundry and separate toilet. The master bedroom includes an ensuite and walk-in robe and the remaining bedrooms feature built-in robes. The property is well located to community facilities and public transport.
BUT don t lose sight, this in a great investment opportunity, don t let it pass you by.
The property is currently leased to Defence Housing Australia (https://www.dha.gov.au/) for a staggering 12 years (with approx 91 months to run) with a right of renewal for a further 3-year period.

Current passing rent is $335 per week with mandatory annual reviews to market (median rent for a 4 bedroom property in Andrews Farm is $308 per week).
Key features of this investment include:
Total gross income from balance of lease term approx. $132,100
No vacancy periods
Long term capital gain
Tax depreciation allowances
Tenant managed for the full lease term
Hands-off investment
This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.

Property History for 4 Everest Ave, Andrews Farm, SA 5114

A timeline of how this property has performed in the market
Last Sold
$360,000
16 Jun 2015
  • 16 Jun 2015
    Sold for $360,000
  • 21 Mar 2015
    Listed for Sale $365,000 - $385,000
  • 19 Nov 2009
    Sold for $320,000
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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.