Back 1/47 East Parkway
Off Market

1/47 East Parkway

Northgate SA 5085

2
1
1
Apartment
Last sold for $330,000
Fadi OudihFadi Oudih, last sold this property on 15 October 2021 after 51 days on market.

Overview

A Savvy Opportunity for Seasoned Investors!

Investors, look no further than this set-and-forget property that will be a wonderful addition to your portfolio. With a tenant secured until May 2022, there is nothing for you to do but enjoy a return on your investment from day one. The easy-care and functional floorplan boasts two bedrooms separated by an open-plan kitchen, living and meals area. Natural light and neutral colour tones enhance the sense of space while split system air-conditioning promises climate-controlled comfort. The kitchen is well-equipped with an island, stainless steel appliances and ample storage for the avid cook. Perfectly situated in the highly sought after suburb of Lightsview, set within a secure complex in a central location with a lake within walking distance and shops, parks and public transport all within easy reach. Features that make this home special: - Large bedroom 1 with built-in robe - Bedroom 2 with built-in robe - Spacious open plan living and dining area with split system air conditioner - Modern kitchen with dishwasher, stainless steel appliances and ample cupboard and bench space - Contemporary main bathroom - Split system air-conditioning - European laundry - Private and cosy courtyard with a separate side entrance on the ground floor - Covered carport with space for one car - Currently leased until May 2022 The suburb of Lightsview has been carefully designed with attention to convenience and open spaces, incorporating pedestrian linkages, 15 hectares of local parks and public reserves, public transport and cycling routes. Located close to Northgate Shopping Centre and a variety of excellent public and private schools. All this and only 7km (approximately) to all the cafes and shopping North Adelaide has to offer and the vibrant Adelaide Oval River precinct and less than 9km (approximately) to the CBD. For further information, please contact Fadi Oudih on 0455 999 007, Paul Leombruno on 0439 160 161 or 8269 7711 (office). RLA 200591

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Northgate over the last 12 months, the estimated median property value of 1/47 East Parkway is $592.5k.

Median value
$592.5k
Estimated value range
$547.5k - $640k
Median days on market
45
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Northgate. 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.

Property history for 1/47 East Parkway

2023
Rented
Undisclosed
Leased on 27 Sep 2023 by Boffo Real Estate
2022
Rented
Undisclosed
Leased on 30 May 2022 by Boffo Real Estate
2021
Sold
$330,000
Private Sale/Treaty on 15 Oct 2021 by Fadi Oudih, of Boffo Real Estate

Happy sellers in Northgate

84%
84% of sellers in Northgate reported that their sale price either exceeded or met their price expectations.

Northgate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Northgate over the last 12 months.

Local market activity for 2 bedroom apartments in Northgate

In the last 12 months, 9 two-bedroom apartments similar to 1/47 East Parkway, have been sold.

This represents a 36% increase in two-bedroom apartments sales when compared to the previous 12 months.

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