303/123 Franklin ParadeEncounter Bay SA 5211
Property Details for 303/123 Franklin Pde, Encounter Bay
303/123 Franklin Pde, Encounter Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a floor size of 90m2.
Last Listing description (May 2016)
PRICE REDUCED!
Fantastic investment apartment! Stunning panoramic ocean & coastline views!
Set in a peaceful location, this refurbished two storey apartment is beautifully appointed with brand new kitchen, silhouette blinds and other additions.
The kitchen has Miele dishwasher, hot plate, oven and fridge. It includes also lots of storage space and a pull-out pantry.
The main bathroom on the first floor includes shower, basin and indoor spa bath.
Another toilet and shower is situated on the ground floor next to extra living space + function able laundry/basin.
The Apartment is within easy access to outdoor swimming pool, seafront to enjoy a relaxing stroll along the beach, Bluff or Heysen Trail, and just a short drive to the Victor Harbor town centre.
Within an hour s drive from Adelaide, ensuring a regular holiday rental income, and may be used by owner on a regular basis as required.
Multiple rental options, either as two bedroom two storey accommodation, upper level one bedroom apartment, or lower level motel accommodation. Gross return approximately $50,000 pa.
UNIQUE OPPORTUNITY - CONTACT AGENT FOR A PRIVATE INSPECTION.
Property History for 303/123 Franklin Pde, Encounter Bay, SA 5211
- 17 Sep 2014Listed for Sale Not Disclosed
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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.
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