Ideal First Homes or Fit Investments (Approx. 7% Rental Yield)

Units 4 & 5/13 Burbank Avenue, Bedford Park, 5042

Ads By Google

232,500 AUDEst. Mortgage: AUD 1,634/monthFor Sale
  • Ownership Type Unit
  • Property Area 0 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1

Property Overview

Fully furnished, low maintenance, conveniently positioned, and ideal for the first home buyer or astute investor.

Ideally located only a 25 minute drive from the CBD and a 5 minute drive to one of Adelaide's largest supermarkets, these two units (ground floor & upstairs) in a group of eight present enormous value for the keen investor or first home buyer.

Offered at the attractive price of $232,500 each, and currently tenanted at $320p/w until 02/02/22 (Unit 4) and 19/07/2021 (Unit 5), these highly affordable units offer an approximate 7.00% rental yield to the new owner!

These units both features two sizeable bedrooms (master with Built-In-Robe), and a generous 21m2 living/meals area adjacent to the kitchen.
Other great features include split system air conditioning, designated parking space and communal yard - and both units are offered fully furnished.

Mitchell Park Kindergarten & St Bernadette's Primary School are both within a five minute drive, Pasadena Foodland, Westfield Marion and Flinders Medical Centre & University are all less than a 10 minute drive away, and the Adelaide CBD is just a twenty-five minute drive directly down South & Anzac Highway, or slightly quicker via Goodwood Road & Unley Road.


Rates & Fees:

Council Rates (Mitcham): $274.00 per quarter
Strata Rates (Strata Data): $450.00 per quarter
SA Water Rates: $156.20 per quarter (plus usage)
Emergency Services Levy: $144.25 per annum

Total Per Annum Outgoings: $3,805.05 per annum (plus SAW usage)


Legal Description of Properties:

Title Reference: CT 5032/839 (Unit 4) & CT 5032/840 (Unit 5)
Plan Reference: S3637 Unit 4 & S3637 Unit 5
Local Government: City of Mitcham
Zoning: Residential (Central Plains)
Year Built: 1969
Living Area: 64m2

All information provided has been obtained from sources we believe to be accurate. Whilst Raine & Horne Blackwood has no reason to question the validity and accuracy of the information, 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 inquiries and obtain their own legal advice.

Location on Google Map

Units 4 & 5/13 Burbank Avenue, Bedford Park, 5042

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