This property, located down a long driveway in a quiet setting comprises of eight 2 bedroom units offering a great investment opportunity mid-way between the CBD and Glenelg Beach.
The eight units are made up of two storey blocks of four, with four on each level and only one adjoining wall per unit. They all offer neat kitchens onto open plan living dining, two bedrooms with built in robes and big bathrooms incorporating laundry facilities.
Other features include, split system air conditioning, timber floors in most, gas instant hot water services, carports and one with a garage plus nice gardens and grounds.
Seven are currently leased to good tenants (one is vacant for display purposes) and have a rental potential of $115,950 per annum.
Currently all set on one title, the opportunity also exists to further community title each unit separately.
Note: Also available separately, is the adjoining four bedroom residence built in 2010 on a separate second title.
This detached home offers four bedrooms including a huge master bedroom with wall to wall built in robes and access to a three way bathroom. The second bedroom also double sized has its own wir and ensuite bathroom. At the back of the residence is a modern kitchen with dishwasher opening onto an open plan casual living and dining area. The home also offers good sized separate laundry, ducted reverse cycle air conditioning, lots of storage, private courtyards plus lock up carport and big garage workshop.
Currently the residence has the potential to rent out at approximately $450 per week. For further details on the residence please contact agent.
A unique offering with many possibilities, invest and enjoy a great rate of return, or live in the residence and manage as own Airbnb.
CT: Volume 6087 Folio 565
Council: City of West Torrens
Zone: Residential â Policy Area 20
Council Rates: $7,062.80pa
Water Rates: $1,438.12pa Sewer & Water Supply