Property Details for 55 Fullarton Rd, Kent Town
55 Fullarton Rd, Kent Town is a 2 bedroom, 12 bathroom Unit with 1 parking spaces.
Last Listing description (December 2021)
This is an amazing opportunity for astute investors! A passive investment with a solid rental passing income of $180,440 per year (approx).
On offer are 12 individually titled 10 x 2-bedroom units and 2 x 1 bedroom units.
Group features:
- Outstanding investment opportunity
- Capital growth location
- 4 x units of the group have been fully renovated
Investment details:
- Council $12,576 per year (approx.)
- ESL $1,128 per year (approx.)
Buy and hold for the long term, or simply add value and sell to the masses. Kent Town is a very tightly held suburb that is always sought after.
For more information, please contact Nick Carpinelli on 0403 347 849 or Rosemary Auricchio on 0418 656 386.
RLA: 175322
Disclaimer:
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement. All land sizes quoted are an approximation only and at the purchasers discretion to confirm. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. RLA 175322
Property History for 55 Fullarton Rd, Kent Town, SA 5067
- 08 Dec 2021Listed for Sale Sold
- 22 Jun 2021Listed for Sale Sold
- 11 Sep 2020Listed for Sale UNDER CONTRACT
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0About Kent Town 5067
The size of Kent Town is approximately 0.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Kent Town in 2011 was 1,199 people. By 2016 the population was 1,234 showing a population growth of 2.9% in the area during that time. The predominant age group in Kent Town is 20-29 years. Households in Kent Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kent Town work in a professional occupation. In 2011, 34.3% of the homes in Kent Town were owner-occupied compared with 35% in 2016.
Kent Town has 1,117 properties. Over the last 5 years, Houses in Kent Town have seen a 80.56% increase in median value, while Units have seen a 55.16% increase. As at 31 October 2024:
- The median value for Houses in Kent Town is $1,657,011 while the median value for Units is $643,825.
- Houses have a median rent of $510 while Units have a median rent of $600.
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