SOLD
Sold on 15 Jul 2024 for $750,000

23 Silcock Circuit
Greenwith SA 5125

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 173m2
Land area: 482m2
Sold By
Ray White Gawler/Willaston
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Property Details for 23 Silcock Cct, Greenwith

23 Silcock Cct, Greenwith is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 482m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Greenwith in the last 12 months.

Building Type
House
Year Built
2003
Floor Size
173m2
Land Size
482m2
Local Government
Tea Tree Gully
Lot/Plan
A328/D52012

Last Listing description (July 2024)

This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.

Currently under lease to Defence Housing Australia (DHA) until 2028 at $650 per week (market rent $700-$750 per week), an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

Weekly rent: $650

Lease end date: 26/9/2025 - recently extended to 25/9/2028
Next rent review: 31/12/2024
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension.

Situated in the well sought precinct of Greenwith located northeast of the Adelaide CBD. This modern family home offers four bedrooms, the master complete with ensuite and walk-in robe to the rear of the home. Bedrooms 2 - 4 complete with built in robes. The kitchen is well appointed and features ss appliances, plentiful bench space, overhead cupboards together with pantry and services the open plan living and meals area. The formal lounge and separate formal dining to the front of the home compliments the already generous floor plan, whilst the formal dining can act as a home office/study. The home is also complete with additional storage and ducted reverse cycle heating and cooling.

The outdoor undercover pergola is located off from the family room and provides a great space for outdoor living and entertaining. The double garage provides ample off-road parking.

Situated on a generous 482sqm allotment, the property is within short distance to local reserves and sporting ovals, Golden Grove shopping precinct, private and public schooling and public transport. This property ticks all the boxes for an astute investor with an exceptional term of investment with a secure and reliable tenant being Defence Housing Australia until 2028.

Other features that enhance the investment:
- Double garage under the main roof
- Undercover pergola for entertaining
- Large floor plan with 4 bedrooms
- Kitchen with gas cook top, overhead cupboards, plentiful bench space and pantry
- Formal and casual living spaces
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, schools, shops and public transport

Specifications:
CT - 5653/712
Council - Tea Tree Gully
Title - Torrens Title
Zone - GN - General Neighbourhood
Built - 2003
Land - 482sqm

In order to view this property, you must book an appointment with Kylie Mahoney on 0488 197 330 and register prior to access. We are here to help so please contact us for further details.

**The safety of our clients, staff and the community is extremely important to us, so we have implemented strict hygiene policies at all of our properties. We welcome your enquiry and look forward to hearing from you.**

In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers. Photos are supplied under agreement by DHA and are for illustration purposes only. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment!

Call Kylie Mahoney 0488 197 330 or click on the following link https://raywhitegawler.com.au/agents/kylie-mahoney/76640

Ray White Gawler, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.

Disclaimer: Care is taken to verify the correctness of all details used in this advertisement. However no warranty is given as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error. Ray White Gawler RLA 269656

Property History for 23 Silcock Cct, Greenwith, SA 5125

A timeline of how this property has performed in the market
Last Sold
$750,000
15 Jul 2024
Listed for Rent
$400/w
05 May 2015
  • 15 Jul 2024
    Sold for $750,000
  • 30 May 2024
    Listed for Sale Contact Agent
  • 06 Jun 2016
    Sold for $461,000
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About Greenwith 5125

The size of Greenwith is approximately 7.8 square kilometres. It has 22 parks covering nearly 20.3% of total area. The population of Greenwith in 2011 was 9,076 people. By 2016 the population was 8,986 showing a population decline of 1.0% in the area during that time. The predominant age group in Greenwith is 40-49 years. Households in Greenwith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenwith work in a professional occupation. In 2011, 74.7% of the homes in Greenwith were owner-occupied compared with 75.8% in 2016.

Greenwith has 3,976 properties. Over the last 5 years, Houses in Greenwith have seen a 75.36% increase in median value, while Units have seen a 102.83% increase. As at 30 November 2024:

  • The median value for Houses in Greenwith is $848,710 while the median value for Units is $633,590.
  • Houses have a median rent of $550 while Units have a median rent of $315.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Greenwith on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Greenwith.

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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.