OFF MARKET

2/15 Grundy Terrace
Christies Beach SA 5165

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 838m2
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Property Details for 2/15 Grundy Tce, Christies Beach

Building Type
Commercial
Floor Size
157m2
Land Size
838m2
Local Government
Onkaparinga

Last Listing description (November 2017)

Don't miss out again...Take advantage of a unique opportunity to secure this highly sought after location with two tenancies. Offering a collective rent return of $400 a week from the two tenants. These reliable tenants love where they are and are interested in continung their leases. See floorplan for the layout. The property has two, two bedroom units under the one roof. There is a separate shared laundry out the back in the shed. The current state of the property is perfectly tenantable but would respond well to some renovations.

A substantial land holding of approximately 838sqm just one street from the beach and moments to local cafes and shops, this is HOT property!

Renovate the existing home to add rental and capital value, or put in your plans to council to realise the future potential of the site.

Christies Beach is a rapidly developing streetscape due to its proximity to the CBD, seaside lifestyle, affordability and infrastructure. Get in quickly as good things are happening here by the sea!

Highlights:

One street from the sandy beach
Approximately 838sqm land
Two tenancies one title ($400 a week together)
Exciting development opportunity (STCC)
Walk to local shops and cafes
Easy access to Southern Expressway
Highly sought after location
Rapidly changing streetscape

Best offer by 24th of July 2017 unless sold prior.

For further information on this great opportunity please call the marketing agent Jason Mills. As the poperty is tenanted we will not be having public opens. Please call Jason to discuss the property and book a private inspection.

RLA245235

Property History for 2/15 Grundy Tce, Christies Beach, SA 5165

A timeline of how this property has performed in the market
Listed for Rent
$190/w
13 Sep 2013
  • 14 Jul 2017
    Listed for Sale $520,000 - $540,000
  • 22 Aug 2013
    Listed for Rent $190 / week
  • 13 Aug 2011
    Listed for Rent - Price not available
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About Christies Beach 5165

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 3,419 properties. Over the last 5 years, Houses in Christies Beach have seen a 110.66% increase in median value, while Units have seen a 91.22% increase. As at 31 October 2024:

  • The median value for Houses in Christies Beach is $749,068 while the median value for Units is $546,653.
  • Houses have a median rent of $540 while Units have a median rent of $510.
There are currently 22 properties listed for sale, and 6 properties listed for rent in Christies beach on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Christies beach.

Suburb Insights for Christies Beach 5165

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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.