8/46 Military Road
West Beach, SA 5024

Overview

Modern Coastal Gem | Investment Opportunity

Situated in a highly desirable coastal suburb, this ground-floor unit offers a low-maintenance lifestyle ideal for investors or owner-occupiers seeking a beachside residence. The property is conveniently located just a short distance from the pristine West Beach shoreline and the lively Henley Square, providing an exceptional coastal living experience.

This property presents an excellent investment opportunity with immediate rental returns of $450 per week from a reliable fixed-term tenant, offering a hassle-free entry into a competitive market. The flexibility of this arrangement allows for future owner occupation or continued leasing.

The interior is designed to maximize natural light and functionality, featuring a modern kitchen equipped with stainless steel appliances including an oven and gas cooktop. The bathroom has been updated to incorporate laundry facilities efficiently, optimizing the use of space.

A unique aspect of this unit is the presence of two private courtyards, one at the front and one at the rear, both securely fenced. These outdoor areas provide a rare level of privacy and outdoor living space for unit dwellers, perfect for enjoying the coastal breeze.

Key features include:

• Ground floor location within a quiet boutique complex of only six units.
• Modern kitchen with gas cooking and stainless steel appliances.
• Dual private courtyards offering outdoor space at both front and rear.
• Two generously sized bedrooms, with the master bedroom featuring a built-in robe.
• Dedicated undercover carport included on title.
• Low maintenance design suitable for busy professionals or long-term tenants.
• Prime location with easy access to the beach, Henley Square, Adelaide Airport, and the CBD via public transport.

Additional costs include strata fees of $496.65 per quarter, which cover administration and sinking fund contributions, council rates of $1,351 per annum, and SA Water charges of $134 per quarter.

This property represents a rare opportunity to secure a foothold in one of Adelaide's premier coastal postcodes, combining lifestyle and investment potential in a sought-after location.

Location