1-3/10 Neville Ave, Christies Beach is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 836m2.
BETTER THAN MONEY IN THE BANK
*REGISTER WITH AGENT FOR INSPECTION VIA APPOINTMENT*
A rare & rewarding investment opportunity to secure a block of X3 individual strata titled units on a full size allotment of 836sqm (approx). Perfectly positioned some 300m from the beach offering a superb seaside lifestyle, this 1971 built group has been well presented and maintained throughout.
EXPLORE YOUR OPTIONS:
Invest with 3/3 leases currently returning $51,740 Gross PA (increasing to $54,080)
Add value, profit & re-sell titles individually
Potential to redevelop or add dwelling (STCC)
PROPERTY HIGHLIGHTS:
X3 two-bedroom units
1971 solid besser block build
Zoned Housing Diversity Neighbourhood Onkaparinga
Superb seaside lifestyle
Unit 1 updated with modern kitchen, updated bathroom, floorboards, decking/entertaining.
Unit 2 immaculate condition with updated kitchen & contemporary upgrades
Unit 3 original, neat, and tidy with potential to add value
Central bathrooms, GAS cooking, split system heating & cooling
Spacious open plan living areas
Set back frontage
Self-managed (Save on Strata fees)
Common carport for 3 vehicles
Low maintenance common yard areas
Fenced rear courtyards
Internal laundry's
Excellent potential for future growth
Popular location close to the Esplanade
Walk to Christies Beach Jetty Road cafe & shopping precinct
Strata Plan 1722
(Lease terms available upon request)
Unit 1/10 Neville Avenue Christies Beach CT 5058/181
Unit 2/10 Neville Avenue Christies Beach CT 5058/182
Unit 3/10 Neville Avenue Christies Beach CT 5058/183
Disclaimer: All measurements approximate. All interested parties should make and rely upon their own enquiries to determine the accuracy of the information supplied. Subject to council consent, images for illustration purposes.
The size of Christies Beach is approximately 2.9 square kilometres. It has 13 parks covering nearly 10% of total area. The population of Christies Beach in 2011 was 5,267 people. By 2016 the population was 5,457 showing a population growth of 3.6% in the area during that time. The predominant age group in Christies Beach is 20-29 years. Households in Christies Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Christies Beach work in a trades occupation. In 2011, 57.4% of the homes in Christies Beach were owner-occupied compared with 53.5% in 2016.
Christies Beach has 3,416 properties. Over the last 5 years, Houses in Christies Beach have seen a 95.91% increase in median value, while Units have seen a 94.38% increase. As at 31 August 2024:
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