OFF MARKET

10/117 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
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Property Details for 10/117 Franklin Pde, Encounter Bay

10/117 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1984. The property has a floor size of 136m2.

Building Type
Unit
Year Built
1984
Floor Size
136m2
Local Government
Victor Harbor

Last Listing description (April 2017)

Breathtaking sea views capturing Wright and Granite Islands, Seal Rock and the beautiful foreshore along Franklin Parade adorned with its mighty Norfolk Pines. This location is fantastic, the fully renovated corner apartment spectacular, with its expansive balcony making it the perfect spot for barbecuing, outdoor dining and entertaining. A two minute walk takes you to 'Eat at Whalers' restaurant for great coffee, food & wine and on Franklin Parade you have the fabulous Beach House Caf and legendry Yilki Store.
The stunning views are accentuated even more, as you overlook the boat ramp and watch the vast array of boats depart and return with their days catch!
The three bedroom apartment has undergone a wonderful transformation - the main living area encompasses the new modern kitchen and living room, with new sliding doors opening to the front balcony - the views are magical! All bedrooms have sea views! The large master has a new modern en suite bathroom and walk in robe - the second bathroom again stylishly appointed caters for guests and the other two bedrooms. The laundry and totally unexpected cellar/storage space built into the hill at the rear of the apartment, completes the floorplan. The storage space measures some 13.2m x 3m, paved with plenty of height, being the perfect place to house your special wine collection! A single lock up garage with automatic roller door, comes with the apartment - car parking is available for guests.

A truly great investment choice, both in terms of lifestyle, or as a holiday rental proposition given its location. So easy to lock up and leave - this is al fresco coastal living at its very best!
These apartments seldom come onto the market (especially the larger corner ones) and rarely are they totally renovated when they do! The north facing, protected location is simply irreplaceable - especially at this price!

Property History for 10/117 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
  • 16 Feb 2017
    Listed for Sale $595,000 - $615,000

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About Encounter Bay 5211

The size of Encounter Bay is approximately 6.6 square kilometres. It has 37 parks covering nearly 11.3% of total area. The population of Encounter Bay in 2011 was 4,332 people. By 2016 the population was 4,898 showing a population growth of 13.1% in the area during that time. The predominant age group in Encounter Bay is 60-69 years. Households in Encounter Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Encounter Bay work in a community and personal service occupation. In 2011, 78.1% of the homes in Encounter Bay were owner-occupied compared with 76.8% in 2016.

Encounter Bay has 4,173 properties. Over the last 5 years, Houses in Encounter Bay have seen a 89.06% increase in median value, while Units have seen a 63.72% increase. As at 31 July 2024:

  • The median value for Houses in Encounter Bay is $752,966 while the median value for Units is $492,764.
  • Houses have a median rent of $480 while Units have a median rent of $283.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Encounter bay.

Suburb Insights for Encounter Bay 5211

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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.