Attention Investors and developers! On offer is an amazing opportunity to purchase this pigeon pair of semis on a single title with approximately 1028sqm of prime land in the heart of the Playford Alive Residential Regeneration Zone with both high rental yield and excellent development potential.
Both semis are well maintained in good condition and identically feature three bedrooms, separate formal lounge, combined kitchen and meals area, toilet and laundry with rear access to private grass garden. 48 Mainwaring has been updated and offers newly polished floors and renovated kitchen.
Number 50 is currently tenanted for $330 a fortnight til 20/6/15 offering instant cash flow benefits while number 48 is currently empty for your viewing and was previously rented for $350 per fortnight. There is opportunity here for the astute investors to increase the rent and enjoy evener greater returns.
Land bank for the future and watch land values rise while you count the dollars rolling in with up to 7% gross yield on investment! Or subdivide and redevelop the huge flat square land utilizing the wide 27m frontage and 38m depth and council zoning (STCC). This investment offers unbeatable Price, Position and Potential!
New investors can start their path to financial freedom, while seasoned investors will want to add this one to their portfolio
Don't miss this rare opportunity to buy at this price!
Phone Mike Lao now to inspect!
