Back 28/3 Ferguson St
Off Market

28/3 Ferguson St

Glenelg North SA 5045

2
1
1
Apartment
Last sold for $245,000
Zac WattsZac Watts, last sold this property on 24 June 2021 after 2 days on market.

Overview

Great Investment Opportunity

This convenient ground floor unit is well positioned directly across from a beautiful reserve that includes both tennis courts and bowling clubs, perfect for either downsizers, first home buyer's or investors looking for a great rental return. With a recent renovation in 2019 all the hard work has been done for you. Currently with a quality tenant in place at $300pw until May 2022 which offers an extremely high rental yield in the vicinity of 6.5% - 7%, this unit is a great opportunity to either continue with a reliable tenant who loves the location or of course move in yourself and enjoy everything this well-maintained group has to offer. Within walking distance to public transport including trams and buses, you could be down at cosmopolitan Jetty Road Glenelg in 5 minutes or be in the city in under 15 minutes. The unit also offers an allocated carpark being right next to the entry of the home and very close to the street, minimising the distance needing to walk outdoors and enabling very easy access to the street. The opportunity to purchase this highly affordable well-maintained ground floor unit in such a great location will not last long. Specifications: CT / 5051/30 Council / City of Holdfast Bay Zoning / GN Built / 1970 Council Rates / $1295.00pa SA Water / $190.00pq ES Levy / $86.00pa Strata Rates / $600.00pq Strata Corp / Horner Strata Management Nearby Schools / St Leonards P.S, Plympton International College, Plympton P.S, Forbes P.S, Warriappendi School 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 inquiries 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.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Glenelg North over the last 12 months, the estimated median property value of 28/3 Ferguson St is $562.5k.

Median value
$562.5k
Estimated value range
$460k - $1.32m
Median days on market
26
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glenelg North. 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 28/3 Ferguson St

2025
Rented
Undisclosed
Leased on 25 May 2025 by Harris Real Estate - Kent Town
2021
Sold
$245,000
Private Sale/Treaty on 24 Jun 2021 by Zac Watts, of Harris Real Estate - Kent Town
2017
Sold
$202,000
Private Sale/Treaty on 04 Dec 2017

Happy sellers in Glenelg North

88%
88% of sellers in Glenelg North reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 2 bedroom apartments in Glenelg North

In the last 12 months, 17 two-bedroom apartments similar to 28/3 Ferguson St, have been sold.

This represents a 112% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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