High yield apartment ($375 - $385 rent per week) – positive cash flow potential

ONLY 2 REMAINING!

Unit 9 $275k - $295k | 2 bed, 1 bath
Unit 16 $295k - $315k | 2 bed, 1 bath, 1 car

These 2 bedroom apartments offer practical and liveable floorplans with private balconies, and, represent an ideal opportunity for the astute investor. Identical apartments in the group are currently rented for $375 - $385 per week, offering potential for an excellent rental return.

Eminence Torrensville offers 18 boutique apartments in a complex that has undergone an extensive external and internal renovation. With a brand new kitchen and bathroom, in addition to new floor coverings, lighting and window finishes, these apartments are tenant ready. With all the work complete, you can relax knowing there will be minimal maintenance required in this high performing and thriving character suburb.

Eminence Torrensville is nestled perfectly between the city and the sea. Only 3km to the Adelaide CBD and just over 6km to Henley Beach.

Key features:

- Fully renovated complex
- Ideal investment opportunity with high yield
- Currently rented for $375 - $385 per week
- Low vacancy rates
- Secure complex with landscaped gardens
- Solid brick in construction
- New kitchen with stone benchtops, gas cooktop, dishwasher and tiled splashbacks
- New bathroom, with floor to ceiling tiling, matte black tapware, stone benchtops and laundry facilities
- Light filled open plan living and dining adjacent the kitchen
- Bedrooms with built-in robes
- Private balconies
- New hot water system
- Reverse cycle air conditioning
- One small cat or dog allowed with a weight of 10kg or less
- Highly convenient location; nearby to public transport, cafes & restaurants

Strata fees (inc sinking fund) $382.80pq - $446.76pq (approx)

*Photos are for illustration purposes only and may depict another house within the group

All information provided including, but not limited to, the property's land size, floorplan, floor size, building age and general property description has been obtained from sources deemed reliable. However, the agent and the vendor cannot guarantee the information is accurate and the agent, and the vendor, does not accept any liability for any errors or oversights. Interested parties should make their own independent enquiries and obtain their own advice regarding the property. All floorplans shown are for illustrative purposes only, and may not reflect final build sizes. RLA 242629.

** LJ Hooker Mile End & Projects Adelaide have implemented preventative health measures for property inspections and auction activities. If you are unwell or have recently travelled interstate or overseas, please contact our Property Consultants to discuss alternate ways to view this property.**