A unique opportunity to acquire 4 individually titled strata units.
All currently leased to long-term tenants with scope to increase to current market levels.
Solid brick, one owner property, updated kitchens and flooring.
All units comprise 2 bedrooms with their own carports and laundry.
Superb location with ample opportunity to really improve on your long term investment strategy.
Located in Prospect, this site is within 2km of North Adelaide and 4km of the CBD, Close to public transport and the cosmopolitan lifestyle of Prospect Road.
New tenants would be lining up for this type of property and location.
A terrific opportunity to say the least.
Snapshot:
• 4 x 2-bedroom solid brick home units
• All individually titled already
• Updated Kitchens with gas cooking meals area and separate lounge room
• All units with their own laundry
• Currently fully tenanted long term stable management
• Rental return of $54,080 per annum
• Carport parking for 4 cars two carports on either side of the building
Combined current rental $54,080 p.a.
Rental appraisal is $370 per week each unit = $76,960p.a. for the whole lot.
Potential to upgrade and develop in the future. A tidy group of units located in one the most desirable suburbs of Adelaide. Secure your future today!
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at any open inspection.
Property Details:
Council | Prospect
Zone | EN - Established
Land | 599sqm(Approx.)
House | 128sqm(Approx.)
Built | 1972
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
