OFF MARKET

225-227 Seacombe Road
South Brighton SA 5048

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1589m2
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Property Details for 225-227 Seacombe Rd, South Brighton

225-227 Seacombe Rd, South Brighton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1589m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1973
Land Size
1589m2
Local Government
Holdfast Bay
Lot/Plan
A22/F145350

Last Listing description (January 2020)

8 units on 1 Title in Popular Beachside Suburb

Rarely offered group of 6 x 1 bedroom units and 2 x bedsitters on a generous land holding of approx 1600 sq metres.


Fully rented, with a history of almost nil vacancy rate, these units are ideally located close to transport and within easy access to Westfield Marion, Flinders University and Medical Centre.

A short stroll to the beach with all the cafes and restuarants at hand and only a 25 minute ride into the CBD.

Currently returning approx $90,000 (gross) per year i.e. approx 7% return which makes this a fantastic investment opportunity.

Unit 1 current rent $215 pw, leased until May 2020
Unit 3 current rent $228 pw, leased until April 2020
Unit 5 current rent $185 pw, leased until December 2019
Unit 6 current rent $180 pw, leased until June 2019
Unit 7 current rent $215 pw, leased until May 2019
Unit 8 current rent $225 pw, leased until March 2020
Unit 9 current rent $225 pw, periodic lease
Unit 10 current rent $215 pw leased until March 2020

The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.

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Property History for 225-227 Seacombe Rd, South Brighton, SA 5048

A timeline of how this property has performed in the market
Last Sold
$1,150,000
08 Jan 2020
Listed for Rent
$170/w
12 Nov 2015
  • 08 Jan 2020
    Sold for $1,150,000
  • 17 Apr 2019
    Listed for Sale Contact Agent
  • 28 Oct 2016
    Sold for $1,005,000
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About South Brighton 5048

The size of South Brighton is approximately 1 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of South Brighton in 2011 was 2,419 people. By 2016 the population was 2,486 showing a population growth of 2.8% in the area during that time. The predominant age group in South Brighton is 50-59 years. Households in South Brighton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brighton work in a professional occupation. In 2011, 69.9% of the homes in South Brighton were owner-occupied compared with 71.6% in 2016.

South Brighton has 1,360 properties.

    There are currently 1 property listed for sale, and 2 properties listed for rent in South brighton on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in South brighton.

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