OFF MARKET

25 Military Road
West Beach SA 5024

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
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Property Details for 25 Military Rd, West Beach

25 Military Rd, West Beach is a 12 bedroom, 6 bathroom Unit with 6 parking spaces.

Building Type
Unit
Local Government
Charles Sturt

Last Listing description (April 2021)

On a corner block of 696m2 with close proximity to the beach (220m)

An outstanding opportunity with options:

1) renovate all 6 units (subject to approvals)

2) sell each one at a profit
3) retain all 6 for your property investment portfolio all 6 are currently tenanted through Harris real estate
4) move in yourself and still benefit from a rental return from the others
5) house your kids as they leave home
6) create an Air BnB hotspot and really enjoy higher than normal returns

Locality West Beach is regarded as one of Adelaide's premier seaside suburbs

A beautiful beach just 2 minutes' stroll up the road, 15 minutes to the CBD,10 minutes to Adelaide International airport.

Close to a plethora of sporting facilities.

Multiple shops, cafes and eateries along West Beach Road with all the fun of Henley Square or Glenelg a bit further on

Make your offer today and the reap the rewards for years to come..

CT / 5008/832
Council / City of Charles Sturt
Zoning / R'17
Built / 1968

Nearby Schools / West Beach P.S, Fulham North P.S, Lockleys P.S, Henley H.S

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 25 Military Rd, West Beach, SA 5024

A timeline of how this property has performed in the market
Listed for Rent
$260/w
29 Aug 2015
  • 11 Mar 2021
    Listed for Sale Contact agent

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About West Beach 5024

The size of West Beach is approximately 4.3 square kilometres. It has 20 parks covering nearly 39.9% of total area. The population of West Beach in 2011 was 4,480 people. By 2016 the population was 4,951 showing a population growth of 10.5% in the area during that time. The predominant age group in West Beach is 40-49 years. Households in West Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Beach work in a professional occupation. In 2011, 70.9% of the homes in West Beach were owner-occupied compared with 69.6% in 2016.

West Beach has 2,551 properties. Over the last 5 years, Houses in West Beach have seen a 87.13% increase in median value, while Units have seen a 63.45% increase. As at 31 October 2024:

  • The median value for Houses in West Beach is $1,521,232 while the median value for Units is $525,224.
  • Houses have a median rent of $750 while Units have a median rent of $470.
There are currently 8 properties listed for sale, and 8 properties listed for rent in West beach on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in West beach.

Suburb Insights for West Beach 5024

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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.