Price Soared 1.76x in Over Three Years as Investors Seek Opportunities | Beachfront Unit in Henley Beach
Situated in one of Adelaide’s prime locations, a stone’s throw away from the stunning Henley Beach, is a unique beachfront property that elegantly combines history with modern living. Built in 1911, this iconic double-sized unit boasts a simple yet stylish renovation that pays homage to its historic roots while ensuring it’s perfectly equipped for the 21st-century lifestyle.
As you step inside, you’ll be greeted by two well-sized bedrooms and a bathroom, all of which were tastefully renovated to provide a comfortable living space. What once were two separate units have been seamlessly combined into one, effectively doubling the size of the unit and enhancing the living space without compromising on charm.
One of the highlights of living here is the unparalleled proximity to the beach – it’s only about 50-100 meters from your front door. Imagine waking up every morning to the sound of ocean, the soft whisper of coastal breezes, and the picturesque views that only a beachfront lifestyle can offer.
The location couldn’t be more ideal. Nestled in the heart of Henley Beach, this property places you right in the middle of a vibrant community that perfectly captures the laid-back, relaxed vibe Adelaide is renowned for.
It’s evident that this property has been an exceptional investment over the years. Having sold for $675,400 in July 2013, it experienced a significant leap to $740,000, and most recently, it was sold for an astounding $1.3 million in March 2023, marking a spectacular price appreciation of approximately 1.76 times over a mere 3 years and 2 months.
Despite fluctuations in interest rates, the property market continues to thrive, with beachfront properties like this one offering tremendous investment potential. The recent property rush has placed an increased spotlight on these seaside havens, further adding to their appeal.
Living in a beachfront property is more than just a residence – it’s an experience, a dream realized. It offers an escape from the hustle and bustle of city life without having to sacrifice convenience and accessibility.
Hiro Ishino Photography 2023
