OFF MARKET

203/42-48 Garden Terrace
Mawson Lakes SA 5095

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 85m2
Land area: 88m2
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Property Details for 203/42-48 Garden Tce, Mawson Lakes

203/42-48 Garden Tce, Mawson Lakes is a 2 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 88m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2008
Floor Size
85m2
Land Size
88m2
Local Government
Salisbury
Lot/Plan
F203/C25127

Last Listing description (April 2019)

Attracting a healthy weekly rental yield of $330pw fixed until the 23rd of June 2019, you know your money is well invested here with a 7.1% (approximate) return!
When simplicity, functionality, presentation and majestically modern living combine with a superior location meet, you know you have the key ingredients to satisfy & unlock your property taste buds HERE! This outstanding building with premium design is located in the sophisticated & desirable pocket of Mawson Lakes where lifestyle & living options are simply magnificent.
Surrounded by local walking trails & waterways, this residence is walking distance to popular facilities including Uni SA, train station and other public transportation with a short 15 minute journey to the heart of Adelaide CBD, Woolworth's shopping amenities & not to mention the abundance of funky coffee shops, trendy restaurants, gyms & the sensational hype of Mawson Lakes Tavern.

On entry of this modern built, secured, bright & vibrant apartment presents like new, ready to establish your living requirements, or attract great rental returns as an investor. The study area near the entrance will provide the option to be used as a home office/third bedroom or for anyone wanting to study/work from home. Additionally, it could also be used as a sitting room for those who like to sit back and relax with their nose in a book.
The heart of the apartment will surely capture your heart with fresh paint, carpets, extra down lights, high quality fittings, high ceilings and quality tall doors, with open plan living ready to establish your everyday requirements. It conveniently interlinks the kitchen with conversation bar, pantry, dishwasher, soft-closing cabinets, stainless steel appliances & cupboards. Your private balcony will delight you with scenic views while you enjoy your morning coffee.
The 2 sizable bedrooms have built in robes & will both comfortably accommodate the sleeping needs of yourself & your guests sharing direct access to the large modern bathroom & toilet with LARGE shower. The master bedroom also offers access to the balcony. The reverse cycle air-conditioning & remote controlled ceiling fans ensures cosiness for you and your guests during hot summers.
With the opportunity to move into and enjoy or invest this truly is an opportunity not to be missed. It has security alarm and intercom, the building will be locked up with a card access only during 6pm-8am.
Escape the rental trap TODAY, increase your investment strategy for 2017 with exceptional depreciation benefits & rental yields on offer or simply put your foot in the property door with this well presented property poised to satisfy the next happy owner.
Year built 2008
Dwelling size 86 sqms (approx) combined balcony
Strata $509.19 (approx per quarter)
Council Rates $244.75 (approx. per quarter)
If you are seriously considering this property, we strongly recommend that you leave your details with our Sales Consultant. While every endeavor has been made to verify the correct details in this publication, neither the Agent nor the Vendor accept liability for any error or omission.

Property History for 203/42-48 Garden Tce, Mawson Lakes, SA 5095

A timeline of how this property has performed in the market
Last Sold
$231,000
05 Apr 2019
Listed for Rent
23 Jan 2019
  • 05 Apr 2019
    Sold for $231,000
  • 27 Dec 2018
    Listed for Rent - Price not available
  • 05 Jan 2018
    Listed for Rent $330 / week
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About Mawson Lakes 5095

The size of Mawson Lakes is approximately 6.3 square kilometres. It has 47 parks covering nearly 33.1% of total area. The population of Mawson Lakes in 2011 was 10,871 people. By 2016 the population was 13,273 showing a population growth of 22.1% in the area during that time. The predominant age group in Mawson Lakes is 20-29 years. Households in Mawson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mawson Lakes work in a professional occupation. In 2011, 63.4% of the homes in Mawson Lakes were owner-occupied compared with 56.5% in 2016.

Mawson Lakes has 6,546 properties. Over the last 5 years, Houses in Mawson Lakes have seen a 73.79% increase in median value, while Units have seen a 103.02% increase. As at 31 October 2024:

  • The median value for Houses in Mawson Lakes is $863,889 while the median value for Units is $549,745.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Mawson lakes on OnTheHouse. According to CoreLogic's data, 358 properties were sold in the past 12 months in Mawson lakes.

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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.