1-4/24 Albert Street, Goodwood, SA 5034

Auction Location: On-Site

Auction Saturday 9th August at 11:30am | Unless Sold Prior

Brandon O'Connell and Lachlan Turner of Turner Prestige are proud to present this rare opportunity to secure an immaculately maintained unit group on prime dual-fronted land in the heart of Goodwood. 

Buy as an income stream and capital growth asset?

Buy to develop the land by making use of two street frontages (Subject to Planning Consents)?

Together, the four individually titled strata units provide an approximate annual income of $105,660. 

The land allotment boasts an impressive dual 16.76 m frontage and depth of 60.91 m. Formal entry to the unit group faces South and boasts a lovely northern rear orientation.  

Currently comprising four, two-bedroom units with one bathroom each and complemented with a designated carport. Units one to three are renovated, with images of unit two in our photo carousel. Unit four is also featured in the photo carousel along with its floorplan for reference. 

Positioned in the green, tree-lined suburb of Goodwood, amenities are plenty and close; King William Road is a short stroll to enjoy and utilise all it has to offer; Souter Park offers amazing greenery for sunny afternoon lunches or to let the dog roam around. The Adelaide CBD is also a few minutes away via car, tram, bike, or to get those steps in with a light walk. Public transport is also aplenty with bus routes and tram access only around the corner. 

Given the allotment size, there is amazing potential for redevelopment (STPC). The dual street fronts and size provide a very rare opportunity to further improve the site.

Continuing this amazing position and locale—the schooling options are second to none. Publicly zoned for Goodwood Primary and Glenunga International High School, ensuring quality education. If private schooling is the choice, St Thomas Primary, Annesley Junior, Cabra Dominican College, Walford Anglican School for Girls and Scotch College are respectively only a short drive away.  

No matter if you are looking for an amazing yield opportunity for the portfolio or wanting to redevelop and build the dream home/s, 24 Albert Street, Goodwood has it all and then some. 

CT | Vol. 5005 / Fol. 599 / 600 / 601 / 602
Year Built | 1972
Land Size | 1020 sqm approx.
Council | City of Unley
Council Rates | $1,058.85 p.a. per unit
Strata Fees | Self-managed
Building Insurance | $1,720 p.a.
Water & Sewer | $176.30 p.q. each unit
ESL | $122.75 p.a. each unit
Title | Strata Title
Zoning | Established Neighbourhood
Frontage 16.76m | Depth 60.91m
Current Actual Combined Rent | $8,805 monthly

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639