75/75 Eastern ParadeOttoway SA 5013
Property Details for 75/75 Eastern Pde, Ottoway
75/75 Eastern Pde, Ottoway is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 680m2 and floor size of 191m2.
Last Listing description (May 2014)
TWO INCOMES ON ONE TITLE PROVIDES A UNIQUE OFFERING.
HERE IS A GREAT OPPORTUNITY TO PAY OFF YOUR MORTGAGE QUICKLY AND SECURE A DOUBLE INCOME RENTAL PROPERTY POSITIONED ON APPROX 629SQM OF LAND AND CONVENIENTLY LOCATED JUST MINUTES FROM THE HEART OF PORT ADELAIDE, SEMAPHORE RD, ARNDALE SHOPPING CENTRE AND ONLY 15 MINS FROM THE CBD. WITH BOTH OFFERING 2 BEDROOMS, THIS PAIR OF MAISONETTES ALSO PROVIDES SPACIOUS LIVING ROOMS, LARGE BRIGHT AND AIRY KITCHENS AND SECURE REAR YARDS. BOTH ARE CURRENTLY RENTED TO FLEXIBLE AND LONG TERM TENANTS AT $190P/W OR $380P/W TOTAL MAKING THIS AN EXCITING AND DYNAMIC INVESTMENT OPTION OR MOVE IN TO ONE AND OFFSET YOUR REPAYMENTS WITH THE OTHER OR REDEVELOPE NOW OR INTO THE FUTURE (STCC). REALISTIC VENDORS HAVE ALIGNED VALUE WITH THE MARKET. THERE HAS NEVER BEEN A BETTER TIME. 2011211508
Property History for 75/75 Eastern Pde, Ottoway, SA 5013
- 27 May 2014Listed for Sale $340,000-$360,000 (UNDER OFFER)
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About Ottoway 5013
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 1,261 properties. Over the last 5 years, Houses in Ottoway have seen a 111.75% increase in median value, while Units have seen a 85.12% increase. As at 31 October 2024:
- The median value for Houses in Ottoway is $706,556 while the median value for Units is $451,780.
- Houses have a median rent of $575 while Units have a median rent of $290.
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