1/29 Compton St

Adelaide SA 5000

Unit

Last sold for $300,000

Toby Shipway, last sold this property on 16 June 2024 after 39 days on market.

Overview

SOLD BY TOBY SHIPWAY

Amazing investment and live in opportunity. Situated in this great city location, this fully furnished 2 bedroom unit offers an excellent opportunity for investors looking for a very viable return on their money or anyone looking to live in and take advantage of a low maintenance city lifestyle. It offers the perfect home for students with everything city living has on offer right at your doorstep! Less than 100 metres away you find an abundance of restaurants, cafes and shopping on Gouger Street and the Central Markets, and a short 10 minute stroll the exciting River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza. Inside offers comfortable living with open plan living and dining, well equipped kitchen with gas cooking appliances, dishwasher and plenty of cupboard and bench space. Both bedrooms are generous size with the bathroom conveniently located between them. The bathroom is spacious with floor to ceiling tiles and a large shower. Further features include: - Reverse cycle split system air conditioning for year around comfort - Timber Blinds throughout - Secure main gate into the complex - Fully furnished with all appliances etc – you or your tenants can move straight in! Be quick to secure this very viable investment property in this prime city location! Contact Toby for further investment information. PROPERTY INFORMATION: Council Rates – $1,617.60 per annum (approx.) SA Water Rates – $151.72 per quarter (approx.) Community Fees: Admin fund - $984.62 per quarter (approx.) Sinking fund - $189.00 per quarter (approx.) ESL – $92.45 per annum (approx.)

Features

2 bedrooms

1 bathroom

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Adelaide over the last 12 months, the estimated median property value of 1/29 Compton St is $610k.

Median value

$610k

Estimated value range

$325.5k - $896k

Median days on market

Estimated value trend

16%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.