When did you last see a deal like this...? - Harris Real Estate
11/38 Gordon Street Glenelg
3 1 2
For sale

Reduced from $475k for genuine sale..

-3 bedroom apartment with 2 car parking spaces
-Guaranteed rental buy back for the first 3 months’ worth $6,000
-$20,000 home furnishings package thrown in at no extra cost
-$200,000 + facilities upgrade to the common area and more to come

Well it’s here, right in the heart of the ever popular Glenelg at Palm View Apartments, a relaxing, tropical oasis and as the name suggests, 15 species of palms to view in the surrounding gardens, including 2 critically endangered. This could be your home to sun, sea and fun with a great community vibe, all at an affordable price with bonus extras included to make it irresistible.

Besides the brand new $200,000 building upgrades done to the common areas including Terrazzo Tiles, full garden make over and building painting and more exciting features to come. The vendor has spent over $45,000+ fully renovating and professionally furnishing this funky first floor pad to a high standard which includes a $20,000 home furnishings package – complete with coordinated, stylised furniture, just move in and marvel at the clever use of space and appreciate the ideal northerly aspect, inviting in the sun. If you work from home then look no further – while providing 3 genuine bedrooms the third is perfectly set up as a work space which given the current world situation is amazing!

In addition the apartment comes with 2 car parking spaces rear loaded to Eitzen St. This agent has never seen both 3 bedrooms and 2 car parks in a strata apartment, least of all at this price. And the great news is the projected rental return. A similar apartment in the group currently fetches $510 per week which means over 5% return – a rarity in this day of decreasing profits. And the vendor is prepared to rent back as well – a guaranteed tenant for at least 3 month at $500 a week = $6,000.

And as for the location… Glenelg is the number one beach side suburb in South Australia and provides everything for the urban hipster from cafes to restaurants and a multitude of cool shops. Take a short stroll past your favourite cafe, hop on the tram and be whisked off to the city – getting to work has never been easier and more relaxing.
Or alternatively just saunter down to the beach and take in world class sunsets while sipping a cold one in Moseley Square.

This is surely an opportunity that won’t last long – grab it now and reap the reward as either a home owner or astute investor.

-Ergonomic and highly function Kitchen
-Dish washer

Lounge and dining
-2 seater lounge
-Coffee table
-TV stand
-Wall unit/ book shelf
-Dining table x 4 chairs
-Entrance floor mat
-2 x Blue cushions

Bedroom 1
-Bedroom suite = Queen size bed frame, bed side table, tall boy
-Bedside lamp
-Tallboy lamp
-Side table

Bedroom 2
-Queen size bed, 2 x bed side tables
-2 x lamp tables

Bedroom 3/ office
-2 x Wall unit/ bookshelf
-Office desk (optional)
-Office desk (optional)

-Washer/ Dryer

CT / 5040/826
Council / City of Holdfast Bay
Zoning / RC’14
Built / 1976
Council Rates / $257pa
Strata / $798.49pq
Strata Manager / Adelaide Strata
SA Water / $222pq
ES Levy / $293.75pa
School Zones / Glenelg P.S, Warradale P.S, Plympton International College, Warriappendi School

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor’s Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Guy Barrett

0405 663 406
Inspection times
11:20AM - 11:40AM
Saturday 15 August