Torrens Road, Kilkenny Breeze on ToR R e ns Where the living is easy..
Ask the experts CoreLogic RP Data s head of research Tim Lawless said the Reserve Bank s interest rate cuts in February and May helped fuel demand for property. In Adelaide, property prices rose by 4.5 per cent, with the median dwelling price hitting $405,000. CoreLogic 30 June 15 Terry Ryder expected the Adelaide market to show a similar pattern to Brisbane. We have seen quite a significant uptick in activity in Adelaide, he said. www.news.com.au July 15 In the year to 2014, sa s population increased by 15,200 people. The ABs data shows that at June 2014, south Australia had an estimated resident population of 1.69 million, with 77 per cent, or 1.3 million, living in greater Adelaide. Australian Bureau of statistics June 14 In all 86.4 per cent of investors made a profit when they sold their property in Adelaide. Mr Kusher said the number of profit making sales was trending upwards in Adelaide. CoreLogic RP Data Pain and Gain report June 15 Areas like Woodville are undergoing gentrification and would return close to 5% gross yield and be cash-flow positive, meaning that its rental income would be greater than expenses, says siwek. Then there s a mix of more popular suburbs surrounding the city centre and interest in these areas depends on what type of investment you re after. The initial ring of suburbs around the city are in huge demand among both owner occupiers and investors, says Waterman. If you want prime real estate in Adelaide, that s where you buy, he says. Commonwealth Bank MyWealth April 2015
Breeze on ToR R e ns Life s a Breeze. We at KingsCoin decided to purchase the site at Torrens Road as we loved the location initially. easy to get to the shops, the CBD, buses, trains, movies & the beach. We like the Western suburbs as we feel they are still relatively cheap given their proximity to the CBD and also the beach. Having a home with a few minutes of the beach is undervalued in Adelaide. There is also some good infrastructure and developments happening in the vicinity, including the upgrade of south Road, redeveloping the Arndale shopping Centre, Bowden, st. Clair and the Brickworks supermarket. While the area is in need of some further renovation, the change in planning has seen many in-fill sites being developed, where the old house on a large block is being knocked and replaced with new. This then leads to new residents coming into the area. Kilkenny and the surrounding areas of Croydon Park, Woodville Park and Woodville are increasingly getting gentrified and it will increase the values over the coming years. We believe it is the start of better things to come.
Breeze on Torrens Project Information Address: City Council: summary: Title: DA Approved: 2015 426-428 Torrens Road, Kikenny City of Charles sturt 22 X 3 Bedroom Townhouses 2 X 2 Bedroom Apartments Commercial offices Community Title estimated Construction Time: nov 2015 estimated Completion Time: July 2016 Developer: Architects: Builder: KingsCoin spectra Building Designers Rossdale Homes
Greater Adelaide Households in Australia 2015: 9,182,917 24% Growth in percentage 2030: +2,253,557 Households in Adelaide 2015: 515,497 16.5% Growth in percentage 2030: +85,533 Adelaide 5th largest city 1.16% average population growth in the last 5 years Population 1,225,235 Medium age 39 28.1% Rental properties $428,250 Medium value in house 1.4% Vacancy rate $315,500 Medium Value in units 4.57% House growth 3.31% Unit growth Mean dwelling price states and territories - march 2015 quarter $800 600 400 200 nsw VIC QLD sa WA TAs nt ACT AUs
The rate of annual growth has rebounded to its fastest pace since August 2014. Rolling annual dwelling values, combined capital cities 30.0% 20.0% 10.0% 0.0% -10.0% Jun 97 99 01 03 05 07 09 11 13 15 $595,000 Median price house $500,000 Median price units Capital Gain houses units dwellings Past 12 months 10.4% 5.6% 9.8% Annual over five years 3.7% 3.2% 3.6% Annual over ten years 5.5% 4.5% 5.3% Residential real estate underpins Australia s wealth $5.9 Trillion $2.0 Trillion $1.7 Trillion $0.7 Residential Real estate Australian Listed stocks Australian superannuation Commercial Real estate
Infrastructure Investment $896M Torrens Road to River Torrens Upgrade The next piece of the north-south Corridor to be delivered will be a 3.7km section of south Road between Torrens Road and the River Torrens. This project will significantly improve travel times for both north-south and eastwest traffic. The Australian and south Australian Governments have committed $896 million to construct the Torrens Road to River Torrens Project. each government will contribute $448 million towards the project. The project will create an estimated 480 jobs per year during its construction phase.the project due for completion by the end of 2018. The concept design includes: A 3 kilometre non-stop section of roadway (incorporating the lowered road section) between Torrens Road and Ashwin Parade A 2 kilometre section of lowered non-stop motorway from Dartmouth street to Gawler Avenue Parallel surface (at-grade) roads along the length of the lowered motorway to connect most local roads and arterial roads to south Road An overpass of the outer Harbor rail line Intersection upgrades at Torrens Road, Hawker street, Hurtle street, Port Road, Grange Road/Manton street and Ashwin Parade/West Thebarton Road Improved cycling and pedestrian facilities Landscaping and noise barriers (where required) The lowered non-stop motorway will provide three lanes in each direction, set approximately 8 metres below the existing surface of south Road. This concept design has taken into consideration the future transport needs of Adelaide and allows for connection to other parts of the non-stop northsouth Corridor when the adjoining sections of south Road are upgraded in the future. $11.3M Park Terrace, Fitzroy Terrace, Torrens Road Upgrade Construction has begun on an $11.3 million upgrade of the inner city ring route to ease congestion and cater for an expected increase in traffic during construction of the Torrens to Torrens project. The road upgrade will reduce delays for more than 70,000 drivers who use the Torrens Road intersection each day and more than 40,000 using Park and Fitzroy terraces. It will involve constructing three lanes in each direction between Port Road and Prospect Road, with an extra city-bound lane also included on Torrens Road. These works will fix the current traffic congestion along this route and will support the $896 million Torrens to Torrens Project, which will slash travel times for motorists, boost freight efficiency and create hundreds of new local jobs.
shopping $35M Centro Arndale shopping Centre Upgrade Centro Arndale had undergone a $35M facelift, completed at 2013 which created 15 new stores and 100 additional retail jobs. $65M new Brickworks Market The old Brickworks Market now a mega new shopping precinct on south Road has officially opened after a $65 million facelift. The 17,000 sqm market place includes a Woolworth supermarket, Big W and Dan Murphy s and is tipped to provide jobs for 600. $78M st.clair Village st. Clair Village features a Coles supermarket and 10 specialty shops, including a pharmacy, hair and beauty salon, travel agent and sushi Train restaurant, which created more than 160 jobs. $100M Churchill Centre & Costco Created an estimated 1000 jobs, with more than 50 specialty stores, also includes Costco and sa s first Coles superstore, offering fresh food, kitchenware, homewares and clothing.
What an excellent place to call home My property Kilkenny Population 1556 Couples 62% Household in per week $906 Rental demandrealestate.com.au House rental yield 4.42 27.6% Rental properties 0.8% Vacancy rate $505,000 6.33% Growth past 12 months Medium value house $233,663 10.24% Medium value units Growth past 3 years
General Information House Type: 3 Bedroom Townhouse Price: Please ask for current availability Rental expectation: $400 - $420 per week Car parking: single Garage Body corp fees: $800 per annum Management fees: 8.8% Water Rates: $600 per year Council Rates: $300 per quarter TimeLine: 12months Payment: 10% of purchase 3 Bedroom townhouse Approximate Areas Ground Living Garage Upper Living Porch Verandah Balcony Total m2 48.74 21.29 66.80 3.28 6.78 6.78 146.88 m2 Approximate Dimensions Living/Dining/Kitchen Bedroom 1 Bedroom 2 Bedroom 3 entry Balcony Garage Veranda 6.8m X 4.4m 3.5m X 3.3m 3.8m X 3.0m 3.2m X 2.9m 5.8m X 1.8m 3.4m X 2.0m 5.8m X 3.3m 3.4m X 2.0m
Fixtures and Fittings Ducted Reverse Cycle Panasonic Air Conditioning Westing House: Gas Hot Plate, Electric Oven & Range Hood Globe Fan Light Heater to bathroom and ensuite Built In Robes in every bedroom 2700mm Ceiling Height Square Set Ceiling for Entry, Hall, Family, Kitchen & Dining Brick Range for External Finishes Aluminium powder coated window frames Flyscreens included to all windows Automatic Roller Door for Garage Gainsborough door furniture Silver Range Floor Tiles Carpet to all bedrooms and stair. Stylus White China Sanitary Ware Semi Framless Shower
Floorplans RWT ROBE BEDRM 2 (3.03x3.82) (+600MM ROBE) DW BEDRM 3 (2.88x3.20) (+600MM ROBE) FR ROBE KITCHEN / MEALS / LIVING (6.82x4.39) SH BTHRM TUB ROBE T WM GARAGE (5.80X3.34) BALUSTRADE WALL DN WC UP BEDRM 1 (3.51x3.31) (+600MM ROBE) ENTRY (1.04W) Plan first floor Plan ground floor BALC (2.00x3.39) VERAN (2.00x3.39) LIN PTRY
Local Amenity 5 min 10 min 15 min education 5 min Driving 4 min Walking 6 min Driving 4 min Driving 4 min Driving 4 min Driving Woodville High school Challa Garden Primary school st. Margarent s Kindergarten Adelaide secondary school of english Tafe sa Regency Campus Le Cordon Bleu Australia Transport 13 min Driving 10 min Driving 15 min Driving north Adelaide CBD Henley Beach Hospital & Clinic 6 min Driving 5 min Driving The Queen elizabeth Hospital Torrens Clinic shopping Centre 5 min Walking 8 min Driving 6 min Driving 7 min Driving Centro Arndale shopping Centre Upgrade new Brickworks Market st. Clair Village Churchill Centre & Costco Cinema 5 min Walking Greater Union Arndale Cinema Fitness 5 min Walking 5 min Walking RPM 24 Hour Fitness Anytime Fitness Kilkenny others 7 min Driving Adelaide Aquatic Centre
Maps Churchill Centre & Costco Torrens Road Torrens Clinic Adelaide Aquatic Centre North Adelaide Henley Beach New Brickworks Market CBD St. Clair Village Woodville High School Centro Arndale Shopping Centre Upgrade Anytime Fitness Kilkenny Le Cordon Bleu Australia Tafe SA Regency Campus RPM 24 Hour Fitness Torrens Road Greater Union Arndale Cinema St. Margarent s Kindergarten Challa Garden Primary School The Queen Elizabeth Hospital Adelaide Secondary School of English
Breeze on ToR R e ns
The Team headline KingsCoin - Developer www.kingscoin.com.au T (08) 8224 0005 hello@kingscoin.com.au Rossdale Home - Builder www.rossdalehomes.com.au T (08) 8433 2000 F (08) 8433 2099 service@rossdalehomes.com.au spectra Building Designers - Designer www.spectrabuildingdesigners.com T (08) 8338 2211 F (08) 8338 2188 Ace Body Corporate Management - strata Management south Australia Head office T (08) 8342 1544 F (08) 8342 5744 saheadoffice@acebodycorp.com.au Precision Funding - Finance www.precisionfunding.com.au T 1300 653 599 F (08) 7200 3868 info@precisionfunding.com.au Harcourts Sheppard Property - Selling Agent Craig Baynes www.sheppardproperty.harcourts.com.au T 08 8352 8111 M 0438 081 967 craig.baynes@harcourts.com.au
Breeze on ToR R e ns sales Wendy Wang wendy@kingscoin.com.au 0456 440 684 WeChat: WendyW8988 KingsCoin www.kingscoin.com.au Harcourts Sheppard Property Craig Baynes 0438 081 967 KingsCoin hello@kingscoin.com.au (08) 8224 0005 RLA 241 945