OFF MARKET

2/2 Rankine Road
Torrensville SA 5031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 92m2
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Property Details for 2/2 Rankine Rd, Torrensville

2/2 Rankine Rd, Torrensville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2018
Land Size
92m2
Local Government
West Torrens
Lot/Plan
F2/C41812

Last Listing description (September 2024)

Why you'll love it

These brand new apartments are complete and ready to move in. Perfect for those looking to downsize or buy their first home ($15,000 First Home Buyer Grant available to eligible buyers!). If you are looking for an investment property, these apartments are highly sought after and can achieve excellent rental returns.

Filled with northern light, newly created and boasting an exemplary standard in finishes, these sumptuous apartments offer space, convenience and security in one of the most popular locations the inner-west has to offer.

Key features

- Brand new, $15,000 First Home Buyer Grant Applies*
- Abundance of natural northern light
- Generous living spaces with combined dining, lounge and kitchen
- Both kitchens with stone benchtops, 2PACK cabinetry and tiled splashbacks
- Ensuite bathroom + second full bathroom with floor to ceiling tiling
- Spacious walk-in robe
- Dedicated laundries with stone benchtops
- Large linen cupboard
- Double glazed windows and balcony sliding door
- Reverse-cycle air-conditioning throughout
- Huge private balconies
- Highly secure with fob access and building intercom
- 1 dedicated car space per apartment + guest parking on-site
- Highly convenient location; nearby to public transport, cafes & restaurants
- The beach and cbd are your doorstep

A boutique apartment building, away from the 'large mainstream apartment suburbs nearby'. With impressive rental yields in an actively sought after home buyer location. You will love calling the inner-west home!

Contact Daniel Seach from LJ Hooker to arrange your inspection.

All information provided including, but not limited to, the property's land size, floorplan, floor size, building age and general property description has been obtained from sources deemed reliable. However, the agent and the vendor cannot guarantee the information is accurate and the agent, and the vendor, does not accept any liability for any errors or oversights. Interested parties should make their own independent enquiries and obtain their own advice regarding the property. All floorplans shown are for illustrative purposes only, and may not reflect final build sizes. *Eligible buyers refer Revenue SA. RLA 242629.

Property History for 2/2 Rankine Rd, Torrensville, SA 5031

A timeline of how this property has performed in the market
Last Sold
$475,000
25 Nov 2022
Listed for Rent
12 Oct 2021
  • 25 Nov 2022
    Sold for $475,000
  • 19 Jul 2022
    Listed for Sale Under Contract
  • 15 Sep 2021
    Listed for Rent $460 / week
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About Torrensville 5031

The size of Torrensville is approximately 2.1 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Torrensville in 2011 was 3,866 people. By 2016 the population was 4,068 showing a population growth of 5.2% in the area during that time. The predominant age group in Torrensville is 20-29 years. Households in Torrensville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrensville work in a professional occupation. In 2011, 61.9% of the homes in Torrensville were owner-occupied compared with 60.5% in 2016.

Torrensville has 2,149 properties. Over the last 5 years, Houses in Torrensville have seen a 77.53% increase in median value, while Units have seen a 65.01% increase. As at 31 October 2024:

  • The median value for Houses in Torrensville is $1,085,100 while the median value for Units is $579,470.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Torrensville on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Torrensville.

Suburb Insights for Torrensville 5031

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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.