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1-4/2A Howard Street, Underdale SA 5032

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$400k - $450k Medium Confidence Calculated based on our search observations.

Unit 1 Bed 1 Bath 1 Car 576 m²

Listed: 29 days ago

Overview

This unique investment offering encompasses four individually titled one-bedroom units collectively presented for sale, an opportunity rarely found in the market. These units are designed to offer comfortable and self-contained living spaces, each featuring an open-plan kitchen and living area, a separate bedroom and bathroom, as well as a dedicated secure parking space.

A standout feature of this property is the provision of private outdoor spaces for every unit, enhancing the livability and appeal of each residence. Units 1 and 4 at the rear of the property benefit from private patios with undercover verandahs, creating enticing sheltered areas for relaxation or outdoor entertainment regardless of weather. Meanwhile, Units 2 and 3 at the front each enjoy private courtyards, extending their living spaces outdoors. Unit 3 is further complemented by a separate storage shed adding practical space for belongings.

Practicality is also well considered with communal laundry facilities servicing the group, complementing the functional and easy-care layout that is appealing to investors seeking hassle-free property management and tenants seeking convenience.

Four self-contained one-bedroom residences each with own title
Combined strata group ideal for portfolio expansion or consolidation
Secure parking allocated to each unit
Private outdoor spaces with patios, verandahs or courtyards
Communal laundry adds convenience
Additional storage options with a separate shed for Unit 3
Located in Underdale with easy access to Adelaide CBD, the airport, beaches and various amenities

This investment is suited to those looking for a versatile property portfolio that offers both flexibility through multiple titles and simplicity through unified management. The property is well-positioned to attract a variety of tenants due to its location and low-maintenance design, providing long-term appeal in a sought-after part of Adelaide.

Local Market Insights

In Underdale, Quiet Listings observed 3 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $418,333. The property type mix of listed properties is predominantly Houses at 70%, followed by units (13%), and townhouses (13%). The most active agency for units in the Underdale area is currently Ray White, representing 33% of new listings, followed by Raine & Horne with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.