6/77 Kensington Road

Norwood SA 5067

Unit

Angelo Crisci, last sold this property on 21 November 2024 after 22 days on market.

Overview

Charming 2-Bedroom Heritage-Style Unit in Premium Norwood - Expression of Interest Now closed

Expressions of Interest now Closed Positioned in vibrant Norwood, this character-filled, solid brick heritage-style upstairs unit is perfect for investors looking for value and future potential. Located on the corner of Elizabeth Street, the property includes convenient garage access and a private rear entry for added privacy. With potential for upgrades, this unique property offers both immediate appeal and long-term investment. What you will love about the property:- • 2 Bedrooms with large master • Balcony access off Bedroom 2 • Single- car garage • Jarrah Timber Floorboards throughout • Vaulted ceilings adding character • Gas cooking • Rear access to the unit • Split System Air Conditioner • Currently Leased to May, 2025 • Providing immediate rental income at $340 per week (updated rental appraisal available upon request) • Room to enhance and add value over time Situated within walking distance to Norwood's bustling shopping, dining, and entertainment, this unit offers a rare chance to invest in one of Adelaide's most desirable suburbs. Don't miss out on this exceptional opportunity! Specifications:- Built/ 1960 approx. Strata Managed/ $583.00 plus sinking fund $54.00 per quarter Council/ tbc Emergency Services Levy/ tbc SA Water/ tbc Rental Appraisal upon request For genuine & definite sale Expressions of interest close Monday 11th November 2024 at 12:00pm NB photographs taken at an earlier date prior to the start of the exisiting tenancy (May 2023) 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, specifications. Interested parties should make their own enquiries and obtain their own legal and financial advice. RLA | 158869

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Norwood over the last 12 months, the estimated median property value of 6/77 Kensington Road is $688k.

Median value

$688k

Estimated value range

$530k - $1.25m

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Norwood. 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.