OFF MARKET

114/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 118m2
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Property Details for 114/123 Franklin Pde, Encounter Bay

114/123 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Unit and was built in 1988. The property has a floor size of 118m2.

Building Type
Unit
Year Built
1988
Floor Size
118m2
Local Government
Victor Harbor

Last Listing description (June 2022)

North facing 3 bedroom apartment with glorious ocean views.

If low maintenance resort style living has appeal, then look no further! This fabulous three bedroom apartment enjoys the most picturesque ocean views - north facing and enjoying the benefits of the winter sun, the views take in beautiful Encounter Bay, Victor Harbor township and Port Elliot. On a clear day you can see all the way to The Coorong.


There are two bathrooms (one on each level) - upstairs is at street level so the bathroom with shower and wc is well positioned being close to the door to cater for those returning from the outdoor heated pool, or from a swim or surf at the beach. Upstairs is open plan incorporating kitchen/living/dining with access to the large tiled front balcony. The kitchen has lots of cupboard and bench space, has soft close drawers and dishwasher. The spacious balcony comfortably accommodates a large outdoor setting, providing an awesome spot to watch the boats come and go from the nearby boat ramp and watch the spectacular sunrises and sunsets. Floor to ceiling picture windows look out to the balcony and the mesmerising ocean adding to the Mediterranean feel of the apartment.

Downstairs you will find the three large bedrooms - all have built in robes and ceiling fans. The master bedroom is larger, has a picture window and built in dressing table/desk depending on your need. The main bathroom has been recently renovated and comes with floor to ceiling tiles, a large spa bath, shower vanity and wc.

Other features of the apartment include reverse cycle split unit air conditioning, lock up cupboards for your personal items while it is used for holiday rental, one undercover car park and use of the outdoor heated pool and barbecue facilities.

Located only an hour and fifteen minutes' drive from the CBD of Adelaide, making this apartment the perfect weekend escape and an equally good holiday rental proposition for those seeking a return on investment.

Another huge attraction of the property is its close proximity to popular "Whalers Restaurant" - you only have to walk out of the apartment to find a coffee, breakfast, lunch or dinner on your doorstep. Magnificent shoreline walks beckon along beautiful Franklin Parade and for those more adventurous, along the Heysen Trail which runs from The Bluff, past Petrel Cove, along the rugged Waitpinga Cliffs and coastline.

The apartments are managed by the on-site management team at "The Bluff Resort Apartments".

Simply beautiful in summer, cost and magnificent in winter and with nothing to do!! This is your set and forget holiday destination.

Property History for 114/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
  • 18 Mar 2022
    Listed for Sale Not Disclosed
  • 14 Feb 2019
    Listed for Sale $470,000 - $480,000

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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 4,202 properties. Over the last 5 years, Houses in Encounter Bay have seen a 84.43% increase in median value, while Units have seen a 76.68% increase. As at 31 October 2024:

  • The median value for Houses in Encounter Bay is $748,757 while the median value for Units is $539,214.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 32 properties listed for sale, and 1 property listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 210 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.