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Back 29/3 Ferguson St
Off Market

29/3 Ferguson St

Glenelg North SA 5045

1
1
1
Apartment
Zac WattsZac Watts, last sold this property on 20 December 2019 after 135 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. Currently with a high quality long-term tenant in place (periodic lease, with a current formal rental assessment of $240-$260 per week) which offers an extremely high rental yield in the vicinity of 7.5%-9%, 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 tram's and bus's, 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. With a functional floorplan that has allowed for further capital value to be added through future upgrades, while still being very well maintained throughout, including a recently added split system reverse cycle air conditioner, keeping the temperate even throughout the year. The opportunity to purchase this highly affordable well-maintained ground floor unit in such a great location will not last long. Specifications: CT / 5051/31 Council / City of Holdfast Bay Zoning / R Built / 1970 Council Rates / $1021.15pa Strata / $556.70pq Strata Manager / Strata Data SA Water / $156.20pq ES Levy / $82.15pa 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 enquiries 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

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Glenelg North over the last 12 months.

Property history for 29/3 Ferguson St

2019
Sold
Undisclosed
Private Sale/Treaty on 20 Dec 2019 by Zac Watts, of Harris Real Estate - Kent Town

Happy sellers in Glenelg North

85%
85% 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 4 reviews in Glenelg North over the last 12 months.

Local market activity for 1 bedroom apartments in Glenelg North

In the last 12 months, 2 one-bedroom apartments similar to 29/3 Ferguson St, have been sold.

This represents a 34% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Glenelg North

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Rhys Digance

Rhys Digance is an award winning recommended agent for Glenelg North.  They have 36 local sales and collected 12 local reviews across the last 12 months.

  •   4.9   (463 reviews)
  •  12 Reviews in Glenelg North
  •  36 Sales in Glenelg North
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Sandy Robinson

Sandy Robinson is an award winning recommended agent for Glenelg North.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (124 reviews)
  •  3 Reviews in Glenelg North
  •  2 Sales in Glenelg North
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John Muscat

Sellers who recommend John Muscat have praised them for being clear communication, local expert, reliable, supportive, honest, friendly and responsive

  •   4.8   (233 reviews)
  •  1 Review in Glenelg North
  •  2 Sales in Glenelg North
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Rebecca Giameos

Sellers who recommend Rebecca Giameos have praised them for being clear communication, local expert, friendly, honest, responsive, dedicated and easy to work with

  •   5   (96 reviews)
  •  1 Review in Glenelg North
  •  1 Sale in Glenelg North
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