2 Stratford WayNorthgate SA 5085
Property Details for 2 Stratford Way, Northgate
2 Stratford Way, Northgate is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 475m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (October 2019)
Currently under long term lease to Defence Housing Australia (DHA) until 2020 with a 3 year extension option at $470 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.
This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.
Weekly rent: $470.00
Next rent review: 31/12/2019
Lease option: 1 x fixed 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction or Extension
Situated at the popular suburb of Northgate only 12kms from the city and offering exceptional street appeal. Having three bedrooms with the master bedroom complete with ensuite and built-in robe with and all remaining bedrooms also having built in robes. The kitchen is located centrally in the properties floor plan and is open plan with the everyday living and dining which opens up to the outdoor entertaining area to make for seamless indoor and outdoor living and entertaining.
Other features that enhance the investment;
- Double garage under the main roof with direct internal access
- Rear outdoor under cover entertaining area
- Gas cooking
- Second separate living area & formal dining
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, Shopping Centres, Schools and Transport
Situated on a corner allotment of 475sqm this property will be an exceptional long term investment which has been matched with the perfect secure and reliable tenant being Defence Housing Australia.
For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au all inspections are by private appointment.
Specifications:
CT / 5883/288
Council / City of Port Adelaide Enfield
Zoning / R'55
Built / 2004
Land / 475m2
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.
Property History for 2 Stratford Way, Northgate, SA 5085
- 18 Dec 2019Sold for $515,000
- 03 Oct 2019Listed for Sale Not Disclosed
- 01 Mar 2019Listed for Sale $545k-$565k
Recent sales nearby
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About Northgate 5085
The size of Northgate is approximately 1.0 square kilometres. It has 8 parks covering nearly 15.0% of total area. The population of Northgate in 2016 was 6226 people. By 2021 the population was 3184 showing a population decline of 48.9% in the area during that time. The predominant age group in Northgate is 40-49 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation.In 2021, 75.40% of the homes in Northgate were owner-occupied compared with 68.50% in 2016.
Northgate has 1,557 properties. Over the last 5 years, Houses in Northgate have seen a 89.61% increase in median value, while Units have seen a 93.36% increase. As at 30 November 2025:
- The median value for Houses in Northgate is $1,071,187 while the median value for Units is $686,912.
- Houses have a median rent of $708 while Units have a median rent of $628.
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