3/18-22 Hurtle ParadeMawson Lakes SA 5095
Property Details for 3/18-22 Hurtle Pde, Mawson Lakes
3/18-22 Hurtle Pde, Mawson Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 49m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Self-funded retirees and investors looking for a strong yield without the hassles, then read on. This 3-bedroom, 2-bathroom, 2-living property currently leased as two separate serviced apartments with a commercial lease to a national hotel group, inclusive of a 5 + 5 year right of renewal, is well worth adding to the portfolio.
On offer:
Current lease until November 2022 to a National Hotel Group with a
Current rent is $1,603 per month with annual increases to CPI
Lessee contributes majority of Lessors outgoings
Lessee contributes 50% to the exterior painting of the premises
3 bed, 2 bath, 2 living townhouse with the ability to service a dual income as two separate apartments
No hassle investment: leased and managed by a national hotel group
The lower level of this cleverly designed property comprises a spacious living/dining area with direct access to the outside balcony plus a kitchen with ample cabinetry, dishwasher and microwave provision. A generous bedroom with built-in-robe and a good size bathroom inclusive of laundry completes the lower level. The upper level includes two generous size bedrooms serviced by a large two-way bathroom and a convenient living space.
Additional features:
Stone bench-top to kitchen
Built-in-robes to all bed-rooms
Ducted reverse cycle air-conditioning through-out
Security system
Carpets to bedrooms and stairs
Low maintenance tiles to open plan living and wet areas
1 secure car-park
Located in a premium area of Mawson Lakes within walking distance to the University of SA, the train, the OBahn bus route and Woolworths, you couldnt ask for a more convenient location. For health and well-being, a gym is across the road and the beautiful lake with picturesque walking trail is only a hop, skip and a jump away! For those who like to shop, retail therapy is not far from the door with Mawson Central Shopping Centre down the road plus an abundance of hip cafes, restaurants and take-away food kiosks. To sum it all up, with the Reserve Bank cash rate currently at 0.10%, this propertys current rental yield provides an attractive alternative!
Due to the nature of the tenancy, viewing is by appointment only. To view contact Justine on 0438 752 683.
SA LISTINGS - A Smarter Way to Go
RLA: 261169
Disclaimer: Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied on
Property Code: 202
Property History for 3/18-22 Hurtle Pde, Mawson Lakes, SA 5095
- 28 Apr 2022Sold for $310,000
- 20 Oct 2021Listed for Sale SOLD
- 12 Aug 2020Listed for Rent $52,000 / year
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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.
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