OFF MARKET

402/62 City View Boulevard
Northgate SA 5085

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
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Last updated 11 Nov 2024
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Property Details for 402/62 City View Bvd, Northgate

402/62 City View Bvd, Northgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 83m2.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Local Government
Port Adelaide Enfield

Last Listing description (January 2014)

Live in or invest ''NRAS Is still available on this Property '' Don't miss out ,Hurry
Live here ,Includes Lap Pool and Gym or Invest.
A fantastic investment opportunity exists for investors to purchase and receive up to $10,000 a year, for 10 years tax free through NRAS (National Rental Affordability Scheme). *conditions apply.

This positively geared property has everything you can wish for. It is already tenanted and offers the best investment opportunity.
The stylish new 2 bedroom apartment with two bathrooms captures natural light and healthy airflow. The modern spacious kitchen, open plan living and dining area flows seamlessly to the private balcony offering stunning CBD and beyond views.
You are sure to be impressed with the resident access to the pool and gymnasium, secure undercover garage and its own European laundry.
Main bedroom with ensuite is perfectly designed with a balcony overlooking a tennis court and reserve with 270 degrees view of the city and surrounding.
Air conditioning ensures comfort for your tenants all year round.
Located a short walk to Transport and Shopping Centre, surrounded with facilities and only 8km to Adelaide CBD, you will have tenants all year around and reap the rewards of your investment for years to come.
We love this stylish property for the:
-Location
-Fantastic tax benefits
-Government NRAS Grants of $10,000 per year (CPI indexed) for 10 years.
-Security
-Lock up garage and more...
Dont wait, call today!
RLA 217949
Additional feature/s - Courtyard.

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Property History for 402/62 City View Bvd, Northgate, SA 5085

A timeline of how this property has performed in the market
  • 30 Jan 2015
    Listed for Sale Not Disclosed
  • 22 Jan 2014
    Listed for Sale $397,500 - $417,500

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About Northgate 5085

The size of Northgate is approximately 1 square kilometres. It has 8 parks covering nearly 15% of total area. The population of Northgate in 2011 was 3,578 people. By 2016 the population was 6,207 showing a population growth of 73.5% in the area during that time. The predominant age group in Northgate is 30-39 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 75.5% of the homes in Northgate were owner-occupied compared with 68.5% in 2016.

Northgate has 1,559 properties. Over the last 5 years, Houses in Northgate have seen a 72.90% increase in median value, while Units have seen a 86.37% increase. As at 31 October 2024:

  • The median value for Houses in Northgate is $941,062 while the median value for Units is $619,894.
  • Houses have a median rent of $673 while Units have a median rent of $395.
There are currently 1 property listed for sale, and 2 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Northgate.

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