1 Russell TerraceWoodville SA 5011
Property Details for 1 Russell Tce, Woodville
1 Russell Tce, Woodville is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1987. The property has a land size of 199m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (October 2024)
Embrace the opportunity to secure prime real estate in a highly sought-after suburb in Woodville Park, to be sold as a whole offering a range of attractive options to savvy investors. Introducing an exclusive investment offering - a block of 4 units, all consolidated under one title, resting on a spacious 650sqm corner allotment (approximate) with the possibility for future development (STCC).
Impeccably maintained and primed for immediate returns, currently all 4 units are leased on a periodic basis, providing instant income for astute investors. With established rental returns and the promise of future land value appreciation, this investment promises both stability and substantial growth potential.
This turnkey investment offers significant earning potential as higher rents can easily be achieved. With minimal effort required, it presents an ideal opportunity for savvy investors.
Features of the units include:
- Two good sized bedrooms
- Kitchen with ample cupboard space
- Separate light filled living/dining room
- Neat and tidy bathroom with shower and laundry space
- Units 3 and 4 complete with air conditioning
- Undercover carport allocated to each unit
- No STRATA applicable
- 650sqm (approximate) corner allotment with the possibility for future development (STCC)
Currently, the units are leased periodically as follows:
Unit 1: $300.00 per week
Unit 2: $275.00 per week
Unit 3: $300.00 per week
Unit 4: $300.00 per week
Located minutes away from all the shopping and entertainment that Arndale Shopping Centre has to offer. Within short drive to St Clair Recreation Centre and Reserve. Additionally in close proximity to a variety of excellent public and private schools, including Whitefriars Catholic School, Kilkenny Primary School, Woodville Primary School and Nazareth College.
Please note: Internal photos and floor plans are of unit 1 and 2.
All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
RLA 313174
Property History for 1 Russell Tce, Woodville, SA 5011
- 09 Oct 2024Listed for Sale $1,395,000 - $1,495,000
- 20 Sep 2016Sold for $306,500
- 06 Jul 2016Listed for Sale Not Disclosed
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About Woodville 5011
The size of Woodville is approximately 1.2 square kilometres. It has 4 parks covering nearly 0.5% of total area. The population of Woodville in 2011 was 2,206 people. By 2016 the population was 1,993 showing a population decline of 9.7% in the area during that time. The predominant age group in Woodville is 20-29 years. Households in Woodville are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woodville work in a professional occupation. In 2011, 62% of the homes in Woodville were owner-occupied compared with 59.9% in 2016.
Woodville has 1,189 properties. Over the last 5 years, Houses in Woodville have seen a 89.76% increase in median value, while Units have seen a 89.67% increase. As at 31 October 2024:
- The median value for Houses in Woodville is $1,030,623 while the median value for Units is $535,266.
- Houses have a median rent of $550 while Units have a median rent of $460.
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