On offer is a fully leased investment unique to the Marion Council. This rare opportunity is a residential zoned house with 5 studio apartments located inside, with leases till the end of the year. Positioned on 700m2 approx. Currently attracting revenue of $54,500 p.a. and a return of 7% approx.

Newly completed only four years ago by Rossdale Homes with quality finishes, this unique investment built opportunity offers five single bedroom studio units, each offering their own en suite and kitchenette, together with communal lounge and laundry, with ample years of depreciation.

Features:
- Quality build by Rossdale Homes, only 4 years old
- $54,500 p.a. and a return of 7% approx.
- Fully leased investment til the end of 2016
-700m2 approx. of residential zoned land
- 5 x single bedroom units each with ensuite & kitchenette
- Communal garden, lounge & laundry
- Off street parking for 4 cars, including double garage
- On site shipping container with ample storage for additional furniture & contents.

Local loves:
- Close to Flinders University and Flinders Medical Centre
- Marion Shopping centre – great local cafes and shops less than 20 minutes walk.
- High rental Demand
- Located within metres from public transport, and only 9km from the Adelaide CBD.

For more information contact Marc Olsen and Daniel Richardson on 8271 3666