102 Seaview RoadTennyson SA 5022
Property Details for 102 Seaview Rd, Tennyson
102 Seaview Rd, Tennyson is a 16 bedroom, 8 bathroom Unit with 6 parking spaces and was built in 2010. The property has a land size of 458m2 and floor size of 390m2. While the property is not currently for sale or for rent, it was last transferred in June 2017.
Last Listing description (March 2019)
A fabulous opportunity to purchase a group of 8 x 2 bedroom beachside units which have been in the same family ownership since they were originally built. These units are being offered on the open market for the very first time!
PLEASE NOTE: This unique eight titled offering is to be sold as a WHOLE.
Superbly located only steps from the pristine waters and silky sands of West Beach.
All 8 strata titled units comprise 2 bedrooms and all 8 units have their own separate laundries. The units are securely leased and are currently returning an excellent $106,340 per annum in gross rent.
This rare beachside offering would ideally suit an astute investor who is not only seeking excellent returns but also 'land banking'' a prime beachside property.
Due to the large allotment size and a good frontage of 16.46 metres, the property also has the added benefit of future development potential. The property is currently zoned Residential - Western Edge Policy Area 17 to the City of Charles Sturt.
The opportunity also exists to significantly value-add to this unique beachside offering if desired.
Conveniently located within easy access to cosmopolitan Henley Square with its wide array of restaurants, cafes and shops.
A blue chip investment!
The vendor's statement may be inspected at 4b Northcote Street, Torrensville for 3 consecutive business days preceding the auction and at the day of auction for 30 minutes prior to the commencement of the auction.
Property History for 102 Seaview Rd, Tennyson, SA 5022
- 03 Sep 2018Listed for Sale Price Guide: $2,000,000
- 27 Jun 2017Transferred
- 30 Mar 2017Sold for $1,800,000
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0About Tennyson 5022
The size of Tennyson is approximately 0.9 square kilometres. It has 7 parks covering nearly 9.8% of total area. The population of Tennyson in 2011 was 1,112 people. By 2016 the population was 1,183 showing a population growth of 6.4% in the area during that time. The predominant age group in Tennyson is 50-59 years. Households in Tennyson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tennyson work in a professional occupation. In 2011, 72% of the homes in Tennyson were owner-occupied compared with 74.7% in 2016.
Tennyson has 674 properties. Over the last 5 years, Houses in Tennyson have seen a 100.44% increase in median value, while Units have seen a 67.03% increase. As at 30 September 2024:
- The median value for Houses in Tennyson is $1,776,243 while the median value for Units is $694,550.
- Houses have a median rent of $900 while Units have a median rent of $510.
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