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7/16 Murray Terrace, Oaklands Park, SA 5046 For Sale
7/16 Murray Terrace, Oaklands Park, SA 5046 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Image 7/16 Murray Terrace, Oaklands Park, SA 5046-Floorplan

7/16 Murray Terrace, Oaklands Park, SA 5046

$490,000 - $520,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Monday, August 10, 2026 ( See property details for 7/16 Murray Terrace, Oaklands Park, SA 5046)

$490,000 - $520,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, secure upstairs unit in Oaklands Park offering comfortable living, excellent amenities, and strong investment potential.

🏡 Property Highlights

  • Secure upstairs unit in a well-located group of eight
  • Proximity to Oaklands Park railway station for easy city commute
  • Close to Flinders University, Medical Centres, and Westfield Marion Shopping Centre
  • Currently tenanted with a strong rental income and potential for increased market rent
  • Two bedrooms with built-in robes and ceiling fans, main with balcony access
  • Updated kitchen with ample storage and bench space

✨ Key Features

  • Built-in Robes
  • Balcony
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry

Oaklands Park is a highly convenient suburb offering excellent transport links, proximity to major shopping centres, beaches, and educational institutions. It boasts a vibrant community atmosphere, easy access to public transport, and a range of recreational facilities, making it ideal for both residents and investors seeking a lifestyle of comfort and convenience.

What is the condition of the property and recent updates?
The unit features an updated kitchen with ample storage and a spacious lounge area, with bedrooms equipped with ceiling fans and built-in robes, ensuring comfortable living.
What are the ongoing costs associated with this property?
Annual council rates are approximately $1,344, strata fees are $488 per quarter, and water rates are around $88 per quarter, with additional levies for sinking funds.
Is the property suitable for investment purposes?
Yes, the property is currently tenanted until September 2026 with a rental income of $310 per week, and market rental potential is approximately $500 per week.
What amenities and facilities are nearby?
The property is adjacent to Oaklands Park railway station, close to Flinders University, Medical Centres, Westfield Marion Shopping Centre, the SA Aquatic and Leisure Centre, and Brighton Beach.
What is the layout and size of the property?
This is a two-bedroom, one-bathroom upstairs unit with a spacious lounge, updated kitchen, and a balcony accessible from the main bedroom.
Are there any upcoming strata fee increases or special levies planned? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues? Are there any planned developments or zoning changes in the area? What are the terms of the current tenancy, and are there any lease renewal conditions? Is the property compliant with all building and safety regulations? Are there any known issues with the building's foundation or roof? What are the noise levels and neighbour relations like in the complex? Are there any planned upgrades or repairs scheduled for the building? Is the property located in a flood or bushfire-prone area?

7/16 Murray Terrace, Oaklands Park, SA 5046 - More Details

$490,000 - $520,000

Situated in a well-located group of eight, with only one neighbour, this secure upstairs unit is perfect for those looking for a first home, an Adelaide base for those with kids at university or perhaps a great addition to the investment portfolio.

The unit features a spacious separate lounge with split-system airconditioner, updated kitchen with plenty of cupboards and bench space, plus two bedrooms (both with ceiling fans and built in robes whilst the main bedroom also has access to the balcony, the perfect spot to enjoy your morning coffee). There is also a roomy bathroom that includes a laundry trough and washing machine provision.

There is a carport for one car plus shared visitor parking.

Situated adjacent the Oaklands Park railway station you are an easy commute into the city and only a short drive to Flinders Universities and Medical Centres. You are approximately 500m to the Westfield Marion Shopping Centre and the SA Aquatic and Leisure Centre plus only 3km to the beach and to Jetty Road, Brighton with a great selection of cafes, shops and restaurants. It doesn't get more convenient than this!

Currently tenanted until 30th September 2026 for $310 per week (current market rental appraisal approx $500 per week).

RATES AND FEES:
Council rates: $1,343.99 per annum
SA Water - water rates: $88.0 per quarter
SA Water - sewer rates: $103.85 per quarter
Emergency Services Levy: $97.95 per annum
Strata fees: $488.00 per quarter
Sinking levy: $31.00 per quarter

OTHER INFORMATION:
Council: City of Marion
Strata Manager: Whittles
Year Built: 1971

THE FINE PRINT:
Whilst we try our absolute best to obtain the correct information for this advertisement, the accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek their own independent advice.
RLA309601
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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