SOLD
Sold on 20 Dec 2024 for $410,000

8/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 118m2
Land area: 118m2
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Property Details for 8/123 Franklin Pde, Encounter Bay

8/123 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1988. The property has a land size of 118m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Townhouse sold in Encounter Bay in the last 12 months.

Building Type
Townhouse
Year Built
1988
Floor Size
118m2
Land Size
118m2
Local Government
Victor Harbor
Lot/Plan
F8/C10019

Last Listing description (June 2016)

Invest in our state's premier holiday location. Impeccable 2 storey apartment with views from the Bluff to the Coorong. Enjoy one of life s little pleasures when you choose to retreat to the Fleurieu s spectacular Encounter Bay, a hidden paradise we are so lucky we are yet to be truly discovered!
Comprising a walk in walk out abode, beautifully furnished and upgraded to offer a popular holiday accommodation choice and the option to continue on as a fully serviced holiday rental, with the Bluff Resort Apartments on site and there to take care of your asset.
These first row apartments offer stunning panoramic views from both levels, as well as the spacious tiled balcony. Sit back and relax and watch the boats enter and exit the harbor it s a hive of activity and an ever changing view. Also overlooking the horizon pool, which is great to keep an eye on the kids if necessary.

Downstairs includes the Master bedroom with view to the Ocean and Islands, is adjacent the main bathroom with floor to ceiling tiling, luxury 2 person spa & bedrooms 2 & 3 both with built in robes. Currently set up to accommodate 6.
Upstairs offers a full kitchen, much more spacious than the average and you can easily entertain family and friends. A modern design with neutral colours and modern conveniences such as a dishwasher we want you to relax and enjoy as much of this view as you can.
The kitchen overlooks the open plan living and dining areas which leads seamlessly out to the balcony through floor to ceiling sliding doors and windows.
A second bathroom is also at this level just for convenience.
The apartment comes with a designated car park and a short stroll down to Eat the very popular waterside restaurant.
This is an opportunity to purchase a holiday home with proven track record, WIWO and ready to go, possibly with bookings. Notice may be required around bookings to inspect.
For further details please refer to photos or call Heidi Zitterbart.

Property History for 8/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
Last Sold
$410,000
20 Dec 2024
  • 20 Dec 2024
    Sold for $410,000
  • 30 May 2016
    Sold for $480,000
  • 19 Apr 2016
    Listed for Sale $495,000
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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 4,217 properties. Over the last 5 years, Houses in Encounter Bay have seen a 85.46% increase in median value, while Units have seen a 83.83% increase. As at 31 December 2024:

  • The median value for Houses in Encounter Bay is $755,439 while the median value for Units is $510,619.
  • Houses have a median rent of $533 while Units have a median rent of $410.
There are currently 32 properties listed for sale, and 5 properties listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 196 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.