Sold
Last Asking Price - $152,381-$167,619
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16/144 Main South Road, Hackham SA 5163

Apartment
11
Block size: 44 m² approx.

The ultimate set and forget investment

Are you seeking a set and forget style of investment where you can park some funds and enjoy reliable returns for many years to come?

Is your ideal investment property easy maintenance and low stress with someone else managing the day to day whilst you watch the rent roll in and monitor the capital growth from afar?

This unique opportunity is set in a retirement village that is professionally managed and maintained with a long term tenant in place.

Nestled away from hustle and bustle, this unit resides in a secure group that is dedicated to providing aged accommodation and boasts attractive gardens and surrounds.

These compact 1-bedroom units offer independent living to the occupant with generous lounge, fully functioning kitchenette and multifunction bathroom so offering all of the essentials for those that are slowing down and occasionally needing assistance but whom still value their own space.

A rear courtyard offers a space for the tenant to relax and enjoy with visitors.

Do the maths yourself-
$252 per quarter for council rates
$14 per month advertising
$612.72 per quarter Strata Fees
$290 per week rent

Ready to deliver returns from day one this property may be the ultimate set and forget investment.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

Inspections

No open inspections scheduled.

Send an enquiry

Contact Dave Stockbridge to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
44 *

Other Details

Plan Type:
C
Plan:
26572
Parcel Type:
F
Parcel:
16
Legal description:
C/26572/F/16
REAL Estate Agents Group - Pt. Adelaide / Salisbury

Maps and area information

Block information
Block size: 44 (approx)
Legal description: C/26572/F/16
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
15 Apr 2024
Sold
REAL Estate Agents Group - Pt. Adelaide / Salisbury
Listed: 05/03/2024
Transfer type: Full transfer
15 Apr 2024
Sold
REAL Estate Agents Group - Pt. Adelaide / Salisbury
Listed: 05/03/2024
Transfer type: Full transfer

Hackham suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
4,491
Listing ID: 182348472. This listing has been viewed 13 times. It was first displayed on 05/03/2024 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.