OFF MARKET

1 Sampson Court
Mitchell Park SA 5043

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 90m2
Land area: 572m2
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Property Details for 1 Sampson Ct, Mitchell Park

1 Sampson Ct, Mitchell Park is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1975. The property has a land size of 572m2 and floor size of 90m2.

Building Type
Unit
Year Built
1975
Floor Size
90m2
Land Size
572m2
Local Government
Marion
Lot/Plan
A20/D9039

Last Listing description (October 2018)

Back to the Market Due to Contract Fell Through.

Situated on some 861sqm (approx.), this is your chance to secure this high return no strata fee, block of three units. Built in 1974, these solid brick units demand some of the highest rental yields for the entire suburb, each three units are currently leased on fixed terms, yielding a HUGE $56,420.00 per annum with up to 7.0% ROI.


Features include:
- Each unit comprises of two spacious bedrooms
- Split system air conditioning
- Under cover car park for each unit including two visitor parking
- Beautifully landscaped and very easy to maintain
- Fully open plan living/dining and kitchen areas
- Quietly tucked away in a cul-de-sac court
- Automatic security shutters
- Under one title means NO strata fee
- Plus much more!

Within very close proximity to Clovelly Park primary, Hamilton Secondary College, Mitchell Park Reserve, Flinders University, Marion Shopping Precinct and all key amenities, Mitchell Park train stop just a 5 minute stroll and 20 minute drive into the Adelaide CBD or short train ride. Location that accommodates to all lifestyles from students to young professionals working within the CBD.

In an addition to the outstanding rental return and locale, each unit is being sold fully equipped with freestanding furniture, utensils, televisions, microwaves, pots and pans, machine washers, fridges and everything else between. Only a small handful of items are not included, please approach our agents for further details.

*Disclaimer: All photos and floor plans used are for illustration purposes only. All measurements are approximate and details intended to be relied upon should be independently verified.

RLA 217293

Property History for 1 Sampson Ct, Mitchell Park, SA 5043

A timeline of how this property has performed in the market
  • 14 Sep 2018
    Listed for Sale Price Upon Application
  • 19 May 2018
    Listed for Sale Price Upon Application

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About Mitchell Park 5043

The size of Mitchell Park is approximately 2.1 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Mitchell Park in 2011 was 5,206 people. By 2016 the population was 5,474 showing a population growth of 5.1% in the area during that time. The predominant age group in Mitchell Park is 20-29 years. Households in Mitchell Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchell Park work in a professional occupation. In 2011, 49.3% of the homes in Mitchell Park were owner-occupied compared with 47% in 2016.

Mitchell Park has 2,706 properties. Over the last 5 years, Houses in Mitchell Park have seen a 81.94% increase in median value, while Units have seen a 85.69% increase. As at 31 October 2024:

  • The median value for Houses in Mitchell Park is $836,914 while the median value for Units is $575,090.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Mitchell park.

Suburb Insights for Mitchell Park 5043

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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.