2/47-48 Franklin Parade, Encounter Bay, SA 5211 | Property Value & History | OnTheHouse
OFF MARKET

2/47-48 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 2/47-48 Franklin Pde, Encounter Bay

2/47-48 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1986. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1986
Local Government
Victor Harbor
Lot/Plan
U2/S7371

Last Listing description (September 2020)

Beachfront Super Pad

Encounter rare opportunity! Two renovated, waterfront apartments, artistically converted to one super pad. Ideal for an exclusive family home or holiday retreat. With accommodation for up to ten, it can be used for an extended / blended family or ideal for independent living with the entry level having three bedrooms with two additional bedrooms on the upper level.

The upstairs apartment can be accessed privately from the rear, giving total independence as the internal connecting door once locked, reverts to the original two individual apartment format.

Newly renovated to suit any decor, the expansive horizon is the hero. Uninterrupted views to the Bluff, Wright and Granite island and the Causeway create a year round holiday atmosphere.

Open living, dining and kitchen areas on both levels with French doors opening to courtyards and balcony settings, ensure no one will miss out on family, holiday fun.

Super streamlined, a steel, glass and timber staircase, links the two apartments, so if it's quiet enjoyment and solitude you need "The Great Escape" is just upstairs and a closed door away!

Quality stylish, renovations to both contemporary kitchens, bathrooms and laundries include Caesarstone benchtops, two pac, soft close joinery with Hafele accessories and Smeg induction cooktop, oven and dishwasher, teamed with Blanco and Asko European appliances. Extensive pantry cupboards and built in robes, there's a place for everything.

Split system air conditioning allows for year round temperature control or fling back the doors and let the sea breezes flow through! The full sized bath is a treat and with a choice of multiple bathrooms and four separate toilets, no need for interruptions...ever! Solar boosted hot water to the upstairs apartment is yet another add on feature.

Premium fittings and fixtures, carpets and window treatments all updated to ensure you'll walk in unpack and "KickBack". Live the dream and experience seafront living with uninterrupted views, less than 300 metres to the local shops and restaurants.

Easy ground floor access is suitable for elderly family members or disability requirements as there are no steps to the ground level apartment. The access via George Street gives traffic free access past the well maintained, full size synthetic lawn tennis court, for sole use of apartment owners and guests and the BBQ pavilion with kitchen and bathroom facilities. This is a valuable asset and with two secure garages and two allocated car spaces, owners and visitors are well provided for in this well managed strata group.

This is a once in a lifetime offering as seldom will you get an apartment 300sqm (approx) in this Blue Ribbon strip of Franklin Parade. The vendors have invested with vision, securing the adjoining apartment and creating unrivalled excellence and scope. It's been enjoyed and held by the country owners for over 25 years, not rented or lived in as a primary residence, it has been well maintained and enhanced. A truly desirable property. It will suit retirees, multi-generational families for a residential or vacation home, investors, purchasers needing disability access or expats looking at Adelaide to secure a safe haven, along our renowned coastal regions, in one of the world's safest and most liveable locations.

Stroll the beach walkway to historic Victor Harbor and immerse yourself in the ambience of upmarket eateries and a wealth of activities, cinemas and entertainment. Unwind at Whalers restaurant, steps away from your front door. Celebrate any occasion at Ninos, Loco Mexico, Trattoria, Expression Bar or revisit the famed Original Victor Fish Shop. Take a dive trip to the underwater world, horse drawn tram it, across the historic causeway to Granite island and seek out the rare Little penguins. With a first class interactive Whale Centre, Steam Ranger historic tours, fun fare and beach front Farmers Markets you'll need more than a weekender.

Lifestyle plus. Many top rated wineries, premium fine food producers and world class tourism destinations abound. Encounter Bay Gives you easy access to the southern vale wineries, D'Arenburg Cube, coastal villages of Port Elliott, Middleton and Normanville and if it's sport you're after, there's McCracken Country Club for golf, local surf beaches and excellent fishing and within "Cooee" of Kangaroo Island. Encounter your dreams!

$845,000 - $920,000

OFFER FORM LINK
https://forms.gle/M8DBDF7abuW6MXgm9

CT: 6170/46 & 6170/47
Council: Victor Harbor
Council Rates: $4,358.70pa (approx)
Water Rates: $252.24pq (approx)
Body Corporate: $1,478.50pq (approx)

We welcome you to contact Gabrielle Overton to arrange a private viewing. Our office has implemented precautionary measures for the safety of our Vendors, you and our agents. Open inspections follow the relevant social distancing and capacity guidelines. We appreciate your patience and understanding.

RLA 275279

Property History for 2/47-48 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
Last Sold
$880,000
22 Sep 2020
  • 14 Sep 2020
    Sold - Price Undisclosed
  • 14 Jul 2020
    Listed for Sale Under Contract
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About Encounter Bay 5211

The size of Encounter Bay is approximately 6.6 square kilometres. It has 37 parks covering nearly 11.3% of total area. The population of Encounter Bay in 2016 was 4901 people. By 2021 the population was 5305 showing a population growth of 8.2% in the area during that time. The predominant age group in Encounter Bay is 70-79 years. Households in Encounter Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Encounter Bay work in a community and personal service occupation.In 2021, 79.20% of the homes in Encounter Bay were owner-occupied compared with 76.80% in 2016.

Encounter Bay has 4,184 properties. Over the last 5 years, Houses in Encounter Bay have seen a 80.57% increase in median value, while Units have seen a 73.01% increase. As at 31 December 2025:

  • The median value for Houses in Encounter Bay is $819,237 while the median value for Units is $608,439.
  • Houses have a median rent of $575 while Units have a median rent of $420.
There are currently 24 properties listed for sale, and 1 property listed for rent in Encounter bay on OnTheHouse. According to Cotality's data, 202 properties were sold in the past 12 months in Encounter bay.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.