Great Investment Apartments With Excellent Rental Yield, Park Your Money In Property....

5/105-107 Elder Drive, Mawson Lakes, 5095

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Open Spaces: 1
  • Toilets: 1

Property Overview

New to market are these 2 x 1 bedroom apartments in this very convenient location in Mawson Lakes, a ready pool of tenants are always seeking out low maintenance properties close to the amenities that are within minutes of their front door.

Nearby to the Mawson Interchange and a host of shopping, cafes / coffee shops, restaurants, Uni SA Mawson Lakes Campus, Technology Park, Endeavour College & Mawson Lakes Golf Course.

These 1 bedroom ground floor apartments are secure low maintenance home for busy professionals, white or blue collar workers and students alike, easy living & low care with no garden at all to maintain leaving more time to hit the gym, catch up with friends or plan your weekend festivities.

Low fees means owning one of these leaves more money in your pocket. Both are leased to reliable tenants who are looking to stay on ensures that the investor or SMSF will have steady reliable income from day 1. These properties are always keenly sought after and are rarely vacant for more than the time it takes to change over lease and conduct the necessary outgoing inspections & bond refunds.

With a choice of U4 or U5 you can take one or the other of maybe the pair; with bank interest rates at an all time low money is very cheap and the interest on deposit balances is negligible; why park your money in the bank when you can put it to work here!

What you need to know:
• U5 leased at $260 Per Week
• U4 leased at $250 Per Week
• U5 Strata Fees are $245 Per Quarter
• U4 Strata Fees are $240 Per Quarter
• Rental yield of around 6.5% to 7% approximately means these could be positive cashflow **
• ** Individual circumstances may vary, return dependent on variables such as deposit, purchase price, property
management fees / self managing etc.
• Please do your own due diligence and speak with your accountant, broker or financial advisor when assessing
investment returns.

Call Kevin at Jump Property (RLA 260 752) today to find out more and register your interest to attend an inspection

Location on Google Map

5/105-107 Elder Drive, Mawson Lakes, 5095

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