1/193 Grand Junction Rd, Ottoway is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 79m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Nestled in the convenient suburb of Ottoway, this neat ground floor unit has it all. Boasting two bedrooms, an open plan kitchen and living area with the added benefit of a split system reverse cycle air conditioner. Complete with a great lock up garage at the rear of the unit only a few steps from the back door so you don't have a long trek with your shopping, as well as electric roller shutters for extra security and to block out the morning rush! Here in Ottoway, you really have everything you need at your fingertips. Located within a short commute to Port Adelaide where you will find shops, cafes and the popular Pirate Life Brewery. A short drive will see you at Semaphore Beach Foreshore, Westfield Shopping Centre in West Lakes, together with an abundance of other local shops, restaurants, entertainment facilities, schools, medical centres, and public transport nearby. This neat unit will appeal to the astute investor, downsizer, first home buyer or anyone seeking a laidback leisurely lifestyle!
- Current rental return $250 per week on a periodic lease
- Rental yield of 7.42% per annum (approximately)
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
The size of Ottoway is approximately 1.4 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Ottoway in 2011 was 2,419 people. By 2016 the population was 2,499 showing a population growth of 3.3% in the area during that time. The predominant age group in Ottoway is 20-29 years. Households in Ottoway are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ottoway work in a trades occupation. In 2011, 58.9% of the homes in Ottoway were owner-occupied compared with 60.7% in 2016.
Ottoway has 1,263 properties. Over the last 5 years, Houses in Ottoway have seen a 100.81% increase in median value, while Units have seen a 87.92% increase. As at 31 July 2024:
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