9/193 Grand Junction RoadOttoway SA 5013
Property Details for 9/193 Grand Junction Rd, Ottoway
9/193 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 60m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (May 2016)
This well-kept 1st floor, 2 bedroom solid brick unit is a great way to enter the property market to occupy or to add to your investment portfolio. You'll be pleased from the moment you enter inside where you'll find a well cared for unit, with reverse cycle split system air-conditioning, floating floors throughout and gas appliances in the kitchen.
The fitted venetians take advantage of the natural light and the recently re-keyed lock-up garage offers secured parking or storage space for your treasured possessions.
Currently tenanted with a weekly rental rate offering a great gross rental return of approx. 6.6%; an exceptional rate of return on your investment in the current market. The flexibility of a periodic lease gives you the chance to either move in to your own piece of real estate or lock a new lease down on a strong investment.
Call Tom Ladas 0409070021 for more details.
Property History for 9/193 Grand Junction Rd, Ottoway, SA 5013
- 17 Jun 2016Sold for $189,000
- 17 Feb 2016Listed for Sale $180,000 - $185,000
- 27 Jun 2014Sold for $162,000
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0About 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 1,260 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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