1/24 Kent Street
South Plympton, SA 5038

Overview

Stand Alone Unit Between City and Sea

This rare opportunity offers a freestanding unit superbly located in a quiet leafy street, ideal for a couple or single person seeking lifestyle benefits in a fabulous location. The property is conveniently positioned just a one-minute walk from tram stop 8 on the Glenelg Tram Line, providing easy access to the city in 8 minutes and the beach in 12 minutes. It is also within walking distance to Kurralta Park shops, cafes, parks, transport, and the Glandore Community Centre.

The spacious and light-filled unit overlooks a large shared lawn and garden area. It includes off-street parking, a modern separate kitchen approximately 8 years old, a generously sized living area, and a bedroom with built-in storage. The north-facing aspect ensures the unit is bathed in sunshine throughout the winter months.

Recent upgrades include new high-quality flooring, a fresh coat of paint, new fencing on three sides, a full roof replacement, and updated electrical systems, making the property ready for immediate move-in. This lifestyle opportunity is exceptional at this price point.

The unit is held under 'Moiety Title', a now rare form of community title. While this title type may limit financing options, it results in low holding costs with no strata or community fees apart from an annual company statement fee of approximately $23. The property is part of a friendly group of three owners who self-manage the common land. There is potential for conversion to a modern title, which could unlock additional property value.

• Year Built: 1965
• Local Council: City of Marion
• Council Rates: Approximately $1,288 per annum
• Water Rates (including usage): Approximately $840 per annum
• ES Levy: Approximately $85 per annum
• Estimated Rental Income: $400 to $440 per week
• Title: Moiety Title
• Strata Fees: None
• Internal Living Area: Approximately 56.5 square meters
• Construction: Solid Brick

Disclaimer: While every effort has been made to verify the accuracy of the details in this advertisement, prospective buyers or tenants should undertake their own investigations to satisfy themselves of any pertinent matters.

Change History

Location