OFF MARKET

8/31 Formby Crescent
Port Adelaide SA 5015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 92m2
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Property Details for 8/31 Formby Cres, Port Adelaide

8/31 Formby Cres, Port Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 92m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1998
Floor Size
80m2
Land Size
92m2
Local Government
Port Adelaide Enfield
Lot/Plan
U8/S14348

Last Listing description (January 2022)

If sunsets and leisurely strolls along the riverside are your passions, we have the home for you! This beautiful elevated home with panoramic views over the water offers a tranquil and private lifestyle envied by many.

Nick Psarros and Nathaniel Kennerdale of Ray White Port Adelaide are pleased to present to the market this fabulous 2 bedroom apartment, perfectly positioned right on the waterfront of the 'Harbour Side Quay' of Port Adelaide. Nowhere else in Australia can you live the waterfront lifestyle at such an affordable price where you can enjoy the amazing sunsets and dolphins at play. If you're looking for a safe, secure turn-key lifestyle, then this is the one for you. Sit back, relax and enjoy the view! Call Nick Psarros & Nathaniel Kennerdale TODAY!!

FEATURES WE LOVE:

*Magnificent river views from every aspect of the property
*2 good size bedrooms with plush carpet
*Master features incredible water views, ceiling fan, built-in robe and direct access to the balcony via sliding doors
*Open plan kitchen, dining and living with panoramic views and an abundance of natural light
*Split system air conditioning in the living room
*Kitchen features plenty of cabinetry, bench space, double stainless steel sink and electric oven
*Sparkling bathroom with bath tub, shower, toilet and vanity
*Floating floorboards throughout living areas and hallways
*Linen storage
*Laundry with sink off the kitchen
*Access this property via a private staircase
*Secure lock up garage with electric roller door
*Intercom system
*Lockable front gate for security and private access to the water
*Insulation

Port Adelaide is fast becoming a suburb of choice for those distinctive homeowners who want to live in a historic but very cosmopolitan area which offers marina front walk-ways, award winning restaurants, funky cafes, wine bars and the best of Adelaide's western pubs and only a five minute drive to Semaphore Beach, restaurants and shops.

What's on offer:
$60M Rydges Hotel development on Port Adelaide waterfront
Colac Hotel, Port Adelaide undergoing $12M transformation
Globe Hotel $1.5M rooftop bar redevelopment on St Vincent St, Port Adelaide
Port Adelaide boutique Waterfront redevelopment with retro rooftop bar
New train station and waterfront landscaping developments
2 new childcare centres in the Port: Paisley Park Early Learning & Hessel Early Learning
EATERIES AND PUBS
St George Bakehouse, Lonestar Rib House, Boost Juice, Bakers' Delight, Wendy's, Captain Chicken & Seafood, Sorriso Cucina, Shanghai Teahouse, Sushi Hiro, S2 Thai, Niji Sushi, Yiros Central, Soonta, Banban, L. Law Caf, Ucool Bubble T, Banksia Tree caf, Historic Mayfair bakery & patisserie, Swedish Tarts, Adobo Co
Port Canal Shopping Centre, Port Mall and Fisherman's Wharf Markets
Korked wine bar, Michonne wine bar, Port Admiral Hotel, Carmine and Co, Low n Slow BBQ, Argo Greek, Drummer Boy Caf, La Popular Taqueria, Folklore Caf, Dutch Coffee Lab, Pirate Life Brewery
Festivals:
St Jeromes Laneway Festival at Hart's Mill
Wonderwalls Street Art Festival
Fringe in the Port
Pubs in Port Adelaide:
Port Admiral Hotel 1849
Birkenhead Riverview Tavern 1877
The British Hotel 1847
Dockside Tavern 1850
First Commercial Inn 1841
Newmarket Hotel 1879
Port Anchor Hotel 1873
Port Dock Brewery Hotel 1855
Railway Hotel 1856
The Lighthouse Hotel 1857
MAIN TOURIST ATTRACTIONS
National Railway Museum
South Australian Maritime Museum
City of Adelaide Clipper Ship
Austbuilt Maritime Museum
South Australian Aviation Museum

Specifications:
CT / 5688/58
Council / City of Port Adelaide Enfield
Zoning / UAC - Urban Activity Centre
Built / 1998
Council Rates / $925.20pa
Strata Rates / $525.02pq
SA Water / $142.10pq
ES Levy / $111.95pa

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 8/31 Formby Cres, Port Adelaide, SA 5015

A timeline of how this property has performed in the market
Last Sold
$430,000
14 Jan 2022
Listed for Rent
$350/w
07 Oct 2020
  • 14 Jan 2022
    Sold for $430,000
  • 27 Oct 2021
    Listed for Sale ANOTHER GONE UNDER THE HAMMER!!
  • 07 Oct 2020
    Listed for Rent - Price not available
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About Port Adelaide 5015

The size of Port Adelaide is approximately 6 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2011 was 1,293 people. By 2016 the population was 1,238 showing a population decline of 4.3% in the area during that time. The predominant age group in Port Adelaide is 40-49 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation. In 2011, 40.8% of the homes in Port Adelaide were owner-occupied compared with 43% in 2016.

Port Adelaide has 1,699 properties. Over the last 5 years, Houses in Port Adelaide have seen a 57.06% increase in median value, while Units have seen a 94.86% increase. As at 31 October 2024:

  • The median value for Houses in Port Adelaide is $759,464 while the median value for Units is $581,561.
  • Houses have a median rent of $620 while Units have a median rent of $570.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Port adelaide on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Port adelaide.

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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.