1/31 Formby CrescentPort Adelaide SA 5015
Property Details for 1/31 Formby Cres, Port Adelaide
1/31 Formby Cres, Port Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 94m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (May 2022)
Nick Psarros and Kirsten Shulver of Ray White Port Adelaide are pleased to present to the market this ultra low maintenance ground-floor waterfront apartment nestled in historic and sought after Port Adelaide. After a leisurely lifestyle? Are walking trails, waterfront views and a lock up and leave lifestyle what you're looking for? Then look no further your next home awaits you! Offering stunning waterfront views from the open plan living area to the master bedroom, better yet, open up the sliding glass doors step out and enjoy the views first hand!
Conveniently located a short distance to the newly developed Port Adelaide Plaza containing retail & food shopping, restaurants and cafes. Along with being within close proximity to buzzing Commercial Road and The Port Dock with an outstanding selection of restaurants and take away outlets. If dining is not your thing, history might just be? Take a walk through the South Australian Maritime Museum and learn about the rich history this evolving and eclectic suburb has to offer!
MORE FEATURES YOU WILL LOVE:
*Open plan living & dining with absolute panoramic water views
*Kitchen with under bench oven, electric cooktop, double sink, filter tap and plenty of cabinetry
*Bathroom with tub, shower, large vanity with plenty of storage and toilet
*Master bedroom with stunning water views, built-in robe and sliding door to paved area
*Second bedroom with built-in robe
*Linen storage
*Laundry with trough
*Secure car garaging for x1 vehicle & x1 off street parking
Nestled in a quiet complex of 10, this ground-floor apartment will appeal to many including; retirees, savvy investors, first home buyers, downsizer or those looking to secure a desirable waterfront property. To Avoid disappointment, please register your interest prior to auction with Nick Psarros on 0400 506 555 or Kirsten Shulver on 0431 444 464.
Specifications:
CT / 5980/338
Council / City of Port Adelaide Enfield
Zoning / UAC - Urban Activity Centre
Built / 1998
Council Rates / $925.20pa
Strata Rates / $566.25pq
SA Water / $142.10pq
ES Levy / $111.95pa
Port Adelaide is fast becoming a suburb of choice for those distinctive homeowners who want to live in an Historic but very cosmopolitan area which offers marina front walk-ways, award winning restaurants, funky cafes, wine bars and the best of Adelaide's Western pubs and only a five minute drive to Semaphore Beach, restaurants and shops.
What's on offer:
$60M Rydges Hotel development on Port Adelaide waterfront
Colac Hotel, Port Adelaide undergoing $12M transformation
Globe Hotel $1.5M rooftop bar redevelopment on St Vincent St, Port Adelaide
Port Adelaide boutique Waterfront redevelopment with retro rooftop bar
New train station and waterfront landscaping developments
2 new childcare centres in the Port: Paisley Park Early Learning & Hessel Early Learning
EATERIES AND PUBS
St George Bakehouse, Lonestar Rib House, Boost Juice, Bakers' Delight, Wendy's, Captain Chicken & Seafood, Sorriso Cucina, Shanghai Teahouse, Sushi Hiro, S2 Thai, Niji Sushi, Yiros Central, Soonta, Banban, L. Law Caf, Ucool Bubble T, Banksia Tree caf, Historic Mayfair bakery & patisserie, Swedish Tarts, Adobo Co
Port Canal Shopping Centre, Port Mall and Fisherman's Wharf Markets
Korked wine bar, Michonne wine bar, Port Admiral Hotel, Carmine and Co, Low n Slow BBQ, Argo Greek, Drummer Boy Caf, La Popular Taqueria, Folklore Caf, Dutch Coffee Lab, Pirate Life Brewery
Festivals:
St Jeromes Laneway Festival at Hart's Mill
Wonderwalls Street Art Festival
Fringe in the Port
Pubs in Port Adelaide:
Port Admiral Hotel 1849
Birkenhead Riverview Tavern 1877
The British Hotel 1847
Dockside Tavern 1850
First Commercial Inn 1841
Newmarket Hotel 1879
Port Anchor Hotel 1873
Port Dock Brewery Hotel 1855
Railway Hotel 1856
The Lighthouse Hotel 1857
MAIN TOURIST ATTRACTIONS
National Railway Museum
South Australian Maritime Museum
City of Adelaide Clipper Ship
Austbuilt Maritime Museum
South Australian Aviation Museum
Port River Dolphin Cruise
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Property History for 1/31 Formby Cres, Port Adelaide, SA 5015
- 06 May 2022Sold for $420,000
- 08 Feb 2022Listed for Sale ANOTHER GONE UNDER THE HAMMER!
- 01 Feb 2004Listed for Sale Not Disclosed
Recent sales nearby
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About Port Adelaide 5015
The size of Port Adelaide is approximately 6.0 square kilometres. There are 7 parks, covering nearly 3.2% of the total area. The population of Port Adelaide in 2016 was 1224 people. By 2021 the population was 1338 showing a population growth of 9.3% in the area during that time. The predominant age group in Port Adelaide is 60-69 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation.In 2021, 43.20% of the homes in Port Adelaide were owner-occupied compared with 43.00% in 2016.
Port Adelaide has 1,830 properties. Over the last 5 years, Houses in Port Adelaide have seen a 72.77% increase in median value, while Units have seen a 127.27% increase. As at 30 June 2026:
- The median value for Houses in Port Adelaide is $906,801 while the median value for Units is $765,120.
- Houses have a median rent of $650 while Units have a median rent of $638.
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