26/274 South Terrace

Off Market

26/274 South Terrace

Adelaide SA 5000

Apartment

Janine Bergin, last sold this property on 20 January 2022 after 43 days on market.

Overview

Brilliant Investment or First Home Buyer Opportunity - UNDER CONTRACT

Offering an affordable entry point into this fabulous South Terrace location skirting the CBD, this is an outstanding opportunity for the first home buyer, downsizer or astute investor. A fully furnished, two bedroom apartment currently tenanted with the perfect tenant at $335 per week until September 2022. Situated on the 3rd floor, with sweeping views of the South Parklands, just imagine waking up to these views every morning. Currently comprising: - Open plan lounge dining area with arch windows overlooking the Parklands. - Fully equipped kitchen with electric stove and oven, fridge, double sink and plenty of storage space - Main bedroom with sliding doors to the balcony plus floor to ceiling built in robes - Large second bedroom, currently set with two single beds, and again with a built in cupboard - Large bathroom with shower over the bath, vanity and toilet - Laundry facilities in the bathroom including the washing machine and dryer. - 1 dedicated carport For year round comfort, there is a reverse cycle air conditioning unit in the kitchen which flows through to the living area. Plus, being on the 3rd floor, take advantage of the cooler summer breezes at night with the sliding door to the main bedroom. Located just a stone's throw from cosmopolitan Hutt Street, with a selection of fine cafes and restaurants, approx. 550m from St Andrew's Hospital and approx. 900m to Calvery Hospital, 1.5km to Rymill Park or to the Adelaide Central Markets, 900m to the tram stop and a choice of buses along both Pulteney Street and Hutt Street. Or just pop across the road to the spacious South Parklands. Complete with all furniture, crockery, cutlery and appliances, this is just perfect for the first home buyer starting out. Alternatively, if you are the savvy investor, take advantage of a lease set in place until September 2022 with an excellent tenant. UNDER CONTRACT CT: 5158/847 Council: Adelaide Council Rates: $1,544.00 per annum (approx) Water Rates: $142.10 per quarter (approx) Strata Levy: $515.00 per quarter (approx) OFFER FORM LINK https://forms.gle/rjTBsyjv8NvfE7Rz9 RLA 275279

Features

2 bedrooms

1 bathroom

1 carspace

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 26/274 South Terrace is $685.33k.

Median value

$685.33k

Estimated value range

$1k - $2.09m

Median days on market

Estimated value trend

12%

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.

Property history for 26/274 South Terrace

2022

Rented

Undisclosed

Leased on 04 Sep 2022 by Fox Real Estate

2022

Sold

Undisclosed

Private Sale/Treaty on 20 Jan 2022 by Janine Bergin, of LJ Hooker Kensington | Unley

2017

Sold

$342,000

Private Sale/Treaty on 14 Dec 2017 by Janine Bergin, of LJ Hooker Kensington | Unley

Happy sellers in Adelaide

91%

91% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 23 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 239 two-bedroom apartments similar to 26/274 South Terrace, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Adelaide for a free market appraisal.

Arnold Guan

at Belle Property Adelaide City

(17 reviews)

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Sharyn Yelland

at SY Luxury Real Estate

(24 reviews)

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Andrew Kyriacou

at Xsell Property

4.9

(637 reviews)

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Nearby agents

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Arnold Guan

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Kelly Eustice is a recommended agent for Adelaide. They have 11 local sales and collected 8 local reviews across the last 12 months.

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Andrew Kyriacou

Sellers who recommend Andrew Kyriacou have praised them for being clear communication, local expert, responsive, supportive, friendly, dedicated and honest