1/30 Lancia RoadCroydon Park SA 5008
Property Details for 1/30 Lancia Rd, Croydon Park
1/30 Lancia Rd, Croydon Park is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 710m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (January 2022)
Effect a stunning transformation in this tree-lined street just a stone's throw from the vibrant Prospect and take your investment portfolio to the next level with this brilliant real estate venture boasting an enormous scope to renovate or redevelop.
Comprising a 3 bedroom homette, plus 3 semi-detached units and a large storage shed on a Torrens Title allotment of 704m2 (approx.), investors have plenty to be excited about with three of the four units tenanted and offering a very appealing gross return. Why not consider various tempting options, including reaping returns from the rented units while awaiting approval for your next new project?
Rental Breakdown:
Unit 2 - $230 p/w (Leased until 14/02/2022)
Unit 3 - Vacant
Unit 4 - $220 p/w (Leased until 16/02/2022)
Total $770 per week = $40,040 per year approx. (not including rent of Unit 3) Imputed rent $51,480 per year approx.
A lush green common area serves the properties with a safe outdoor space. There is a lot to love about living in Croydon Park. It is a quiet, safe and friendly neighbourhood, surrounded by beautiful and established suburbs like West Croydon, and dynamic up-and-coming areas like Brompton and Bowden.
A hop, skip and jump to the vibrant hubs of Adelaide's most exclusive suburbs; Prospect and North Adelaide for all of your dining and shopping needs, plus so much more.
With Adelaide CBD less than 6kms, your commute to the city can become so much easier. Make your money work for you today!
For more information, please contact Nick Carpinelli on 0403 347 849 or Frank Azzollini on 0419 849 037.
Disclaimer:
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement. All land sizes quoted are an approximation only and at the purchasers discretion to confirm. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. RLA 175322
Property History for 1/30 Lancia Rd, Croydon Park, SA 5008
- 15 Mar 2022Sold for $880,000
- 22 Nov 2021Listed for Sale Sold
- 16 Nov 2020Listed for Rent $320 / week
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About Croydon Park 5008
The size of Croydon Park is approximately 1.8 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Croydon Park in 2011 was 4,000 people. By 2016 the population was 3,952 showing a population decline of 1.2% in the area during that time. The predominant age group in Croydon Park is 20-29 years. Households in Croydon Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Croydon Park work in a professional occupation. In 2011, 56.7% of the homes in Croydon Park were owner-occupied compared with 55.7% in 2016.
Croydon Park has 2,032 properties. Over the last 5 years, Houses in Croydon Park have seen a 77.70% increase in median value, while Units have seen a 91.93% increase. As at 31 October 2024:
- The median value for Houses in Croydon Park is $857,642 while the median value for Units is $510,057.
- Houses have a median rent of $550 while Units have a median rent of $460.
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