A prime investment opportunity with possible scope for development in the heart of the cosmopolitan area of Goodwood.
This pair of tenanted maisonettes, are presented as one dwelling on one title and located on a corner allotment, a stone's throw from the cafes and restaurants on cosmopolitan King William Road.
Both properties offer the same layout with a spacious living area, large double bedroom with built-in robes, a generous-sized kitchen and dining area with polished timber floorboards and large bathroom/laundry area
The maisonette located on the corner has the double undercover carport and rear garden, and the other maisonette has small rear and side boundary courtyard areas.
This property is currently zoned as residential and land use as Single Storey units, so offers the purchaser a range of attractive options:
- Move in and renovate and offer one or both for rent.
- Continue to rent both properties beyond their current lease expiry dates, as is, whilst you consider your options:
* Update/renovate and continue to lease the properties
* Plan a redevelopment to really maximise the value of this location, subject to necessary consents.
Current rental details:
Unit 1, 51 Weller St, Goodwood (also known as 49 Weller St)
• Type of Lease – Fixed
• Current Lease expiry – 13th February, 2025
• Current rental – $340.00 / week
Unit 2, 51 Weller St, Goodwood (also known as 51 Weller St, Goodwood)
• Type of Lease – Fixed
• Current Lease expiry – 18th July, 2025
• Current rental – $1,564.29 / calendar month
Other features to note:
- Wall-mounted split system air conditioning
- Zoned Primary Schools: Goodwood Primary School and Gilles Street Primary School
- Zoned Secondary Schools: Glenunga International High School
- Local Shopping Centres: Unley Shopping Centre and Cumberland Park Shopping Centre
- Walk to King William Rd Hyde Park, or Goodwood Road, for cafes, restaurants, and shopping
