187 East ParkwayLightsview SA 5085
Property Details for 187 East Pkwy, Lightsview
187 East Pkwy, Lightsview is a 2 bedroom, 3 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 165m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (November 2020)
Chic contemporary townhouse living awaits with this stylish two storey townhouse. Constructed in 2013, the home offers 3 bedrooms and two living areas across a generous open plan design. Prepare to embrace the luxury of a fashionable planned suburb with a great location in the heart of vibrant Lightsview, offering walking distance to local lakes, reserves and cafes and only 8km to the CBD.
Currently rented at $360 per week to secure long term tenants, the home will appeal to both homebuyers looking for a value purchase with a longer term settlement and shrewd investors ready to take advantage of generous rental returns. The property is part of the government National Rental Affordability Scheme (NRAS), making the property even more attractive for serious investors.
"As the Commonwealth Government is no longer issuing new 10-year NRAS allocations and no replacement affordable housing scheme has been proposed, this is an ideal opportunity to continue to reduce your tax liability and increase your investment property portfolio."
Porcelain tiles and neutral tones flow through the ground floor living spaces where an open plan family, meals and kitchen offers a bright everyday space. Cook as you entertain with a fabulous spacious kitchen offering stainless steel appliances, woodgrain cabinetry, stone benchtops, double sink and wide breakfast bar. Central opening sliding doors unite the indoors and out where a generous paved patio offers a space for outdoor living and a double carport provides secure vehicle accommodation.
A separate lounge provides that valuable second living area while a clever utility wall' hosts a powder room, laundry, storage cupboard, linen and stairwell to complete the ground floor.
Upstairs offers 3 generous bedrooms with the main bedroom providing resort style amenities. A walk-in robe, ensuite bathroom and a large balcony overlooking the local neighbourhood combine to create the very best of master suite amenities. Bedrooms 2 & 3 both offer built-in robes and are serviced by a modern main bathroom with dual vanities and separate bath and shower.
Currently tenanted under NRAS, you can take advantage of the Tax Free Rebate of $11,248.09 pa plus $360 per week for sensational returns.
NRAS (national rental affordability scheme) is a 10 year investment scheme with annual government grants paid to the investor. The 2019/2020 tax rebate to investors was $8,436.07 (Australian government contribution) plus $2,812.02 (state/territory contribution) for a total TAX FREE REBATE of $11,248.09, making a sensational return for investors.
Invest for success or decide to reside! This one is a winner!
Briefly:
* Modern double storey townhouse located in the heart of Lightsview
* Great investment opportunity, National Rental Affordability Scheme (NRAS) approved
* Currently rented at $360 to secure long term tenants
* 3 Bedrooms and 2 living areas
* Master bedroom with walk-in robe, ensuite bathroom & large balcony
* Bedrooms 2 & 3 with built-in robes
* Porcelain tiles and neutral tones to the ground floor living spaces
* Formal lounge adjacent entrance
* Large open plan family & dining room with kitchen overlooking
* Kitchen boasting stainless steel appliances, woodgrain cabinetry, stone benchtops, double sink and wide breakfast bar
* Central opening sliding doors to rear paved courtyard
* Double garage with automatic panel lift door via rear access
* Ergonomic utility wall' with powder room, laundry, storage cupboard, linen and stairwell
* Main bathroom with dual vanities & separate bath and shower
* 2.7m ceilings throughout
* Solar & instant gas hot water services
* Ducted reverse cycle air conditioning throughout
* Great location in the heart of Lightsview
Ideally located amongst other quality town houses, with all urban amenities at your door step. There are numerous reserves and parks in the local area, perfect for your daily exercise and recreation. Quality schools include Cedar College and Heritage College, just up the road, with St Martins Primary, Hillcrest Primary and Hampstead Primary also quite close by. Shopping at Northgate Plaza is a modern and relaxing experience. Public transport is at your doorstep on East Parkway.
Investors and homebuyers act fast! Inspection is highly recommended.
Property Details:
Council | Port Adelaide Enfield
Zone | SN - Suburban Neighbourhood
Land | 165 sqm
Built | 2013
Coucil Rates | $1,107.20 p.a (approx)
Water | $177.56 p.a (approx)
ESL | $265.70 p.q (approx)
Property History for 187 East Pkwy, Lightsview, SA 5085
- 09 Dec 2020Sold for $450,000
- 10 Jan 2019Listed for Sale $485,000 - $495,000
- 24 Sep 2018Listed for Rent $356 / week
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0About Lightsview 5085
The size of Lightsview is approximately 1.3 square kilometres. It has 8 parks covering nearly 3.8% of total area. The population of Lightsview in 2016 was 6226 people. By 2021 the population was 6090 showing a population decline of 2.2% in the area during that time. The predominant age group in Lightsview is 30-39 years. Households in Lightsview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lightsview work in a professional occupation.In 2021, 61.50% of the homes in Lightsview were owner-occupied compared with 68.50% in 2016.
Lightsview has 3,116 properties. Over the last 5 years, Houses in Lightsview have seen a 73.00% increase in median value, while Units have seen a 79.36% increase. As at 30 November 2025:
- The median value for Houses in Lightsview is $837,012 while the median value for Units is $673,104.
- Houses have a median rent of $650 while Units have a median rent of $600.
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