SOLD
RECENT ADVICE
Sold on 01 May 2024 for $447,000

3/2 Davenport Terrace
Seacliff Park SA 5049

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 3/2 Davenport Tce, Seacliff Park

3/2 Davenport Tce, Seacliff Park is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Seacliff Park in the last 12 months.

Building Type
Unit
Local Government
Holdfast Bay
Lot/Plan
U3/S3155

Last Listing description (May 2024)

UNDER CONTRACT

This was originally a 2 bedroom unit but has since been converted into 3 bedrooms that are rented under Rooming House Agreements to 3 separate tenants. The original lounge room was converted into a bedroom but can easy changed back.

The total rent is $700 per week. Out of this the owner pays all gas, water, electricity, Internet plus cleaning in common areas once every 2 weeks. The result is a higher return investment than any single tenancy on a Residential Tenancy Agreement.

We can provide a summary of average quarterly expenses and income. This will be available at Open Inspections or can be emailed upon request.

All 3 tenants are currently on periodic leases which makes this sale still possible for a buyer who might want to move in to live.

Tenants that have lived here have mostly been overseas students going to Flinders University. The property is ideally located next door to a supermarket and is less than 100 metres from the bus on Seacombe Road. There are an abundance of other facilities and shops nearby making this extremely convenient for anyone who might not have a car.

There are enough items of bedroom & kitchen furniture plus kitchen facilities of every kind included in this sale such that you will not need anything else to keep this operating as a going concern.

What we like about this property:

• 3 bedroom unit (changed from original 2 bedrooms)
• High yield investment
• Reverse cycle air conditioners to all bedrooms
• Sale includes TVs and furniture for all bedrooms & kitchen.
• Renovated kitchen with gas cooking
• A refrigerator plus a range of cooking utensils of all descriptions included
• Single bathroom
• Second toilet
• Instant gas hot water system
• Private yard with storage shed
• Share laundry with washing machine included
• 2 car spaces
• No easements
• Strata Title allotment

See ‘Open for Inspection Times’ on this page or contact the agents to arrange another time

Property History for 3/2 Davenport Tce, Seacliff Park, SA 5049

A timeline of how this property has performed in the market
Last Sold
$447,000
01 May 2024
Listed for Rent
$195/w
19 Aug 2019
  • 01 May 2024
    Sold for $447,000
  • 15 Feb 2024
    Listed for Sale Best Offer by 15 March 2024 (USP)
  • 09 Jul 2019
    Listed for Rent - Price not available
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About Seacliff Park 5049

The size of Seacliff Park is approximately 2.3 square kilometres. It has 9 parks covering nearly 22.3% of total area. The population of Seacliff Park in 2011 was 2,304 people. By 2016 the population was 2,431 showing a population growth of 5.5% in the area during that time. The predominant age group in Seacliff Park is 40-49 years. Households in Seacliff Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seacliff Park work in a professional occupation. In 2011, 77.5% of the homes in Seacliff Park were owner-occupied compared with 76.6% in 2016.

Seacliff Park has 1,305 properties.

    There are currently 3 properties listed for sale, and no properties listed for rent in Seacliff park on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Seacliff park.

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    Contact agent
    Mark Nielsen
    Show contact details
    Adelaide South Property (RLA - 191034) - MORPHETT VALE
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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.