6/37 Hewitt AvenueRose Park SA 5067
Property Details for 6/37 Hewitt Ave, Rose Park
6/37 Hewitt Ave, Rose Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 43m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Last Listing description (May 2020)
Situated in one of Adelaide's most prestigious suburb sits this beautifully renovated apartment offering a great rental return. Live comfortably in a great sized bedroom with a built-in robe, newly installed reverse cycle heating/cooling and gas hot water system, and a parking space.
The appeal of the unit and location work together to also create a fantastic investment opportunity. Currently being used an Air BnB investment, the apartment is returning a net figure of an estimated $2,263.85 per month (approx). Attracting a lot of corporate occupiers from interstate, the property is dominating the searches with a 5 star rating. Peak seasons can also work to attract stayers, during the Adelaide 500 the property has the potential to reach $260 per night. Last leased on a fixed lease in 2017, the apartment was receiving $285 per week.
When you want inner-eastern prestige and convenience Hewitt Avenue is your answer. Just barely a stroll to cafes and eateries such as the newly opened Orso and Commissary, you'll find it hard to resist eating out. Situated between the hub of the CBD and the Norwood Parade, you'll never find yourself lacking entertainment, boutique shopping, caf's and eateries. If you want to go green a short 20 minute stroll through the picturesque parklands will take you straight into the bustling city.
For anyone looking to move in or keep as an investment opportunity, it is hard not to fall in love with 6/37 Hewitt Avenue. Superbly renovated, fantastically positioned with great rental income, the choice to buy is easy.
What We Love:
- Air BnB potential income of an estimated $2,263.85 per month (approx)
- Renovated throughout
- New reverse cycle air conditioner
- Self-managed strata
- Quiet group of 8
- Inner eastern tree-lined prestige
- New Gas Hot water system
- Convenient location
- Surrounded by great restaurants, shops and cafes
Specifications:
CT / 5028/759
Council / City of Burnside
Zoning / HC'HC1
Built / 1964
Council Rates / $217.60pa
Strata Rates / $312.50pq
SA Water / $186.73pq
ES Levy / $82.60pa
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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Property History for 6/37 Hewitt Ave, Rose Park, SA 5067
- 10 Sep 2019Listed for Sale $275k-$290k
- 18 Jan 2014Listed for Rent $270 / week
- 23 Aug 2013Sold for $212,000
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About Rose Park 5067
The size of Rose Park is approximately 0.6 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Rose Park in 2011 was 1,397 people. By 2016 the population was 1,396 showing a population decline of 0.1% in the area during that time. The predominant age group in Rose Park is 60-69 years. Households in Rose Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Park work in a professional occupation. In 2011, 66% of the homes in Rose Park were owner-occupied compared with 67.4% in 2016.
Rose Park has 705 properties. Over the last 5 years, Houses in Rose Park have seen a 74.68% increase in median value, while Units have seen a 44.70% increase. As at 31 October 2024:
- The median value for Houses in Rose Park is $2,450,988 while the median value for Units is $626,206.
- Houses have a median rent of $950 while Units have a median rent of $540.
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