4 aboveground units on the one title – ‘potential return’ of circa 13% gross return

Lot 1197 Kunoth Street, Coober Pedy, 5723

Ads By Google

197,000 AUDEst. Mortgage: AUD 1,384/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,019 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Open Spaces: 4
  • Toilets: 4

Property Overview

Ideally located just off the main street and within a few minutes' drive to main town centre and school are four two bedroom aboveground units on the one freehold title. These units have the potential to earn in the vicinity of $520.00pw (this estimate is based on $130pw per unit.

Each of the units have a mirror image floor plan comprising of two bedrooms, open living, kitchen and dining area plus combined bathroom and laundry. The units are currently in various states of renovation with one unit being fully renewed and currently tenanted earning $130.00pw on a fixed lease due to expire 11/06/2020.

Two units have the potential to earn $120.00pw in their current condition, the third unit is fully upgraded earning $130.00pw currently and the fourth unit is in the process of being renovated.

There are four small individual sheds at the rear for tenant's storage and open parking out the front of each unit. The communal yard is fully fenced and situated on an approx. 1019sqm freehold title.

Viewings by appointments only, please call locally based Agent, Misty for further details on 08 8672 5222

Unit 1-4 comprises the following:
* 2 Bedrooms
* Open plan living, kitchen and dining area
(electric stove/oven plus wall unit air conditioning)
* Combined bathroom and laundry with shower, basin, trough & toilet

Location on Google Map

Lot 1197 Kunoth Street, Coober Pedy, 5723

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths