Perfectly positioned near the heart of all the best facilities, bus stops and parks of Elizabeth Downs, this well-kept semi is the ideal investment for the savvy investor’s property portfolio! Currently on a fixed leased to a great young family at $200 per week until 11/08/2017, this really is a great opportunity for an instant income investment!
Sitting on a spacious 671 sqm allotment, this home features standard rose bush gardens and a bull nose verandah upon arrival. Enter the lounge boasting carpet flooring for comfort and open plan living with the dining and kitchen area. The combined meals and kitchen consists of an electric cook top, oven, laminate cabinets and bench tops, a tiled splash back as well as a built in pantry to appeal to a wide range of tenants. There are two spacious bedrooms featuring roll over blinds for privacy while the laundry is at the rear with access to the separate bathroom, toilet and back yard for convenience.
Outside, the large back yard features a large pitched car port for secure off road parking or a space to entertain and enjoy. Secured with a high fence all around, there is also a garden tool shed with concrete flooring for extra storage and an abundance of fruit trees for free, healthy eating to further delight your tenants. This home is ready now for you to sit back, relax and count the dollars rolling in.
The average gross rental yield for Elizabeth Downs is 7% with the average house prices at an all time low since 2008 (information sourced from www.realestate.com.au) giving you an informed update on the current market.
Built in 1960, this home is within walking distance to Argana Park, bus stops, Elizabeth Downs IGA and Primary School. You are also just a short 4 minute drive to Munno Para shopping centre putting this property in a premier position with great rental potential. This home has the price and position for a profitable pick in your property portfolio. Combining all of the above with record low interest rates makes now the perfect time to invest for your future!
Call Mike Lao now to inspect!
Want to find out where your property sits within the market? Have one of our experienced agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.
http://raywhitesalisbury.com.au/sell/property-appraisal/
Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Hillbank, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Paralowie, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights and Smithfield.
Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Council / City of Playford
Built / 1960
Land / 671sqm (approx)
Internal /75sqm (approx)
Currently rented at / $200 per week fixed lease until 11/08/2017