4 Dwellings on a Single Title with Attractive Return

Auction Location: on-site<br/><br/>A range of options for the astute investor in a rare offering. This high exposure site comprises a 3 bedroom house fronting onto South Road and 3 x 2 bedroom townhouses to the rear.<br/><br/>The three townhouses feature open living/dining on the ground level, separate kitchen and wc. A courtyard is accessible to the rear. 2 generous bedrooms and a balcony on the upper level with a full bathroom including bath tub. Off street parking allocated for each dwelling. Two of the three have been renovated including new kitchen and bathroom. <br/><br/>The main dwelling features original 1970's fixtures and fittings except the lower level has been updated including the kitchen to accommodate the existing tenancy. This is an opportunity to add some serious value. <br/><br/>Fully leased showing a healthy income. Explore the option of renovating the remaining two dwellings, converting to community title and realise the value or enjoy a solid return for the investment portfolio. <br/><br/>For further details or an Information Memorandum, please contact Nick Ploubidis on 0423 840 514 or Theo Mylonas on 0402 884 877.<br/><br/><br/>AUCTION: Friday, 3rd November at 12:30pm, on site (USP)<br/><br/><br/>CT Number: <br/>Name of Council: <br/>Council Rates per annum: $ (approx)<br/>Water Rates per quarter (sewer and supply only): $ (approx)<br/>Land Size: sqm (approx)<br/>Year Built: <br/><br/><br/>To Pre-register for Auction or to make an offer if applicable<br/>https://prop.ps/l/PgOB8YltLIJu<br/>(Please copy and paste the link into your browser)<br/><br/><br/>LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Nick Ploubidis or Theo Mylonas find out more about this service.<br/><br/><br/>The Vendor's Statement (Form 1) will be available for perusal by members of the public:-<br/>(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and <br/>(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.