A Rare Opportunity!

Expressions of Interest Closing 7th April 5pm!

On offer are eight double brick units on one Title with a total imputed rental income of $97,000 per year, with current tenancies on a fixed term lease.

All units consist of two bedrooms, a spacious open plan kitchen/meals/living area. With an all in one bathroom. Units 5-8 are set on the second level and include a balcony. At the rear of the units you'll find a large open area perfect for the kids to play.

The options are a plenty with future development potential as it is located within the Urban Corridor Zone (STCC), converting the units to a Community Title to sell individually or renovate to increase your rental return.

Features include:
- 1,038sqm approx.
- 8 units on one Title
- Double brick construction
- Currently tenanted long term
- Potential for further development (STCC)

Situated in the ever popular suburb of Prospect so close to the CBD, local parks & playgrounds, quality schooling, shopping centres, public transport and a short commute to the ever popular Prospect Road, with cosmopolitan cafes restaurants and lifestyle strip that makes this location, very desirable for both tenants and homebuyers.

RLA 61345 RLA 282965 RLA 231015

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

Disclaimer:
**HELP PREVENT the spread of COVID-19. LJ Hooker AdelaideCity/StPeters/Glynde have implemented extra precautions to our inspections and auctions. We respectfully ask if you are feeling unwell, have travelled overseas in the past 14 days or been in contact with a confirmed case of COVID-19 in the last 14 days, please contact our sales consultant to discuss alternative ways to view the property. If in the event that you feel unwell in the 14 days following an inspection, we request that you contact our office immediately.**