OFF MARKET

21/144 Main South Road
Hackham SA 5163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 44m2
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Property Details for 21/144 Main South Rd, Hackham

21/144 Main South Rd, Hackham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 44m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2010
Floor Size
36m2
Land Size
44m2
Local Government
Onkaparinga
Lot/Plan
F21/C26572

Last Listing description (September 2020)

ONLY 2 UNITS REMAINING!! CLEARANCE SALE NOW ON!

LAST CHANCE TO PURCHASE A UNIT OFFERING THE HIGHEST RENT YIELD AVAILABLE IN THE ENTIRE ADELAIDE METRO AREA!


HIGHLY GENEROUS CASHBACK BONUS ON OFFER TO CASH CONTRACTS!

All previous Stage Releases were SOLD OUT quickly proving very popular with investors!

All units are securely leased to fantastic mature aged tenants paying $235 per week.
Yes, those rents are correct!!

And yes, as you'd know, you'd normally have to be purchasing a unit valued at around $260k to receive this level of rent!! For an outlay of only $137,500, (less if you qualify for Cashback) you will agree this is an EXCEPTIONAL return!!

These units are already tenanted to brilliant mature aged tenants providing them with most affordable rental accommodation, filling a great need in our community. It has been well documented that Australia is facing a future crisis with a lack of such affordable accommodation for our aging population. This is an emerging market for investors! And one that certainly makes you 'feel good'.

BRILLIANT FOR FIRST TIME INVESTORS giving a low-entry level; immediate income & basically a 'set and forget' option!

GREAT RETURN OF UP TO 9.00% GROSS RENT YIELD! AND A SOLID 6.50% NET YIELD AFTER ALL OUTGOINGS!

A LITTLE ABOUT THE ESTATE:
Onkaparinga Village was built in 2004 and is a beautifully maintained complex, set in 3 acres of attractive gardens and walkways.

Each unit sits on its own independent 'Community Title' with each featuring a cosy lounge/dine, galley kitchenette, double size main bedroom with built in robes and direct ensuite access. Sliding glass doors lead out to pretty private courtyard.

All units remaining for sale are all securely leased so you will receive immediate rental income from Day One.

SUMMARY OF BENEFITS TO YOU, THE INVESTOR:

* Most affordable - great entry level opportunity
* Fully leased to high quality, A-class tenants, with exceptionally secure rent payment scheme
* Far superior to bank interest, plus you have the capital growth potential.
* Exceptionally high rent yields
* On Community Title - far better than Strata!

This is definitely an investment with rewards far deeper than the dollars. This is an investment with heart. Where your property will provide a vital need in our community.

DON'T HESITATE TO FIND OUT MORE.

Email or call agent, Ally Comley today.

Property History for 21/144 Main South Rd, Hackham, SA 5163

A timeline of how this property has performed in the market
Last Sold
$137,500
30 Sep 2020
  • 30 Sep 2020
    Sold for $137,500
  • 23 Sep 2020
    Listed for Sale SOLD - $137,500

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About Hackham 5163

The size of Hackham is approximately 4.9 square kilometres. It has 13 parks covering nearly 4.4% of total area. The population of Hackham in 2011 was 4,103 people. By 2016 the population was 3,997 showing a population decline of 2.6% in the area during that time. The predominant age group in Hackham is 60-69 years. Households in Hackham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hackham work in a trades occupation. In 2011, 73.2% of the homes in Hackham were owner-occupied compared with 73.1% in 2016.

Hackham has 2,075 properties. Over the last 5 years, Houses in Hackham have seen a 118.23% increase in median value, while Units have seen a 100.29% increase. As at 31 October 2024:

  • The median value for Houses in Hackham is $649,946 while the median value for Units is $427,820.
  • Houses have a median rent of $515 while Units have a median rent of $278.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Hackham on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Hackham.

Suburb Insights for Hackham 5163

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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.