OFF MARKET

6/1 Third Avenue
Glenelg East SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 13m2
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Property Details for 6/1 Third Ave, Glenelg East

6/1 Third Ave, Glenelg East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 13m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
13m2
Local Government
Holdfast Bay
Lot/Plan
U6/S4162

Last Listing description (August 2022)

Beachside and beautiful inside, this renovated first floor apartment in a tidy group is less than 2kms from Glenelg's sandy shores and bustling Jetty Road precinct.

If it's an investment you're after, you'll be hard pressed to find a more appealing prospect. Currently leased at $320 per week to a textbook tenant until May 2023, you'll have instant income and peace of mind.

With a private balcony from the living space offering views towards the ocean, unwinding is as easy as stepping outside for a deep breath of that fresh sea air. Open plan and updated, the sleek neutral kitchen maximises on cupboard and bench space, with a double sink, gas cooktop with rangehood, plenty of overhead cabinetry and handy breakfast bar ensuring home cooks aren't restricted here.

Both bedrooms are carpeted with built-in robes and easy access to the bathroom with shower and large vanity, while a communal laundry is at your disposal.

You'll love:
- An allocated carport
- Split system reverse cycle air conditioner to kitchen/living
- Generous communal lawn area lined with lovely shade trees
- The location

A truly convenient position within walking distance of local shops, eateries, reserves, St Leonards Primary School, and bus and tram transport, with the seaside at your fingertips and the CBD only 10kms away.

A low maintenance move with 'lifestyle' written all over it. Come and see for yourself.

Specifications:
CT / 5020 / 600
Council / City of Holdfast Bay
Built / 1970
SA Water / $146.65 pq
ES Levy / $162.50 pa
Council Rates / $1,098.40 pa
Strata / $661.00 per quarter (admin & sinking fund)

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Property History for 6/1 Third Ave, Glenelg East, SA 5045

A timeline of how this property has performed in the market
Last Sold
$330,000
23 Sep 2022
Listed for Rent
$280/w
11 Dec 2018
  • 23 Sep 2022
    Sold for $330,000
  • 27 Jun 2022
    Listed for Sale $319,000 to $339,000
  • 09 Dec 2018
    Listed for Rent $250 / week
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About Glenelg East 5045

The size of Glenelg East is approximately 1.3 square kilometres. It has 6 parks covering nearly 6.1% of total area. The population of Glenelg East in 2011 was 3,700 people. By 2016 the population was 3,756 showing a population growth of 1.5% in the area during that time. The predominant age group in Glenelg East is 50-59 years. Households in Glenelg East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg East work in a professional occupation. In 2011, 62.6% of the homes in Glenelg East were owner-occupied compared with 62% in 2016.

Glenelg East has 2,030 properties. Over the last 5 years, Houses in Glenelg East have seen a 86.52% increase in median value, while Units have seen a 74.76% increase. As at 31 July 2024:

  • The median value for Houses in Glenelg East is $1,498,268 while the median value for Units is $594,591.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Glenelg east on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Glenelg east.

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