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1/47 Payne Street,
Hope Valley 5090, South Australia

2 bedrooms
1 bathroom
1 car space
208m² land size
111m² building size
Unit

$680,000


Property details

Neat & Tidy 2-Bed Unit with Investment Allure.

One of only 6 dwellings in a small complex located at the end of a cul-de-sac extension of Payne Street, this 2-bedroom brick-veneer unit will put a sparkle in the eye of both investors chasing solid rental returns and first-time buyers hungry to take that landmark initial step up the property ladder.

Across 98.2 sqm of internal living, the unit accommodates an air-conditioned lounge, combined kitchen/meals area, 2 fan-cooled, carpeted beds, a bathroom, laundry and single garage. Feature details like solid timber architraves and skirting boards pop against white-washed walls, as do floating floorboards in the main living spaces.

While modest in appearance, the kitchen has all the basics covered, and sliders extend the meals side onto a pathway leading to a private fenced courtyard where the lawn will return with the first sprinkling of autumn rain!

To value-add here (STCC), remodelling the kitchen would be a logical starting point; the bathroom could be refreshed too - it's spacious enough to fit both a shower and tub, but still sports early-90s tiling and tapware.

In this location, where you can walk to a supermarket, buses to Westfield TTP and town, and sociable community recreational facilities, investors will have no trouble renting this single-level unit - that's if they can beat the line of eager first-time buyers hoping to secure it for themselves!

FEATURES WE LOVE
• Low-maintenance brick-veneer unit in a small complex of 6
• Floating floorboards in the front lounge & adjacent combined kitchen/meals hub
• Gas cooker/oven, twin sink & a dining bar
• 2 carpeted bedrooms, the larger with a BIR
• Split-system AC in the lounge, ceiling fans in both beds
• Spacious bathroom with original tiling, a shower & tub, WC next door
• Sliders from the meals area to a garden-framed pathway leading to a fenced courtyard
• Access from the laundry & a single garage (roller door) onto a paved rear verandah
• Solid timber window frames & skirting boards throughout

LOCATION
• Tranquil Foothills' position at the end of a low-traffic cul-de-sac
• 15-minute walk to Drakes, cafes, eateries & The Valley Inn, or drive there in 3 minutes
• 500m walk to catch a bus to Westfield TTP or straight into town via Paradise Interchange
• Lots of parks & recreational facilities within an easy stroll (croquet club, Korong Reserve & Hope Valley Tennis & Netball Club)
• Only 500m to Highbury Primary + zoning for Modbury High

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Norwood RLA 278530

Property Details:
Council | Tea Tree Gully
Zone | General Neighbourhood
Land | 208sqm(Approx.)
House | 111sqm(Approx.)
Built | TBC
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Explore the area


School catchments

  • Highbury Primary School Primary R-6 Government 0.44km
  • Torrens Valley Christian School Combined R-12 Independent 0.82km
  • Modbury South Primary School Primary R-6 Government 1.2km
  • Ardtornish Primary School Primary R-6 Government 1.3km
  • St Agnes School P - 6 Primary R-6 Government 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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