Property Investment Opportunity with subdivision potential STCC

38-38B Main South Road, Morphett Vale, 5162

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20 AUDEst. Mortgage: AUD 0/monthFor Sale
  • Ownership Type House
  • Property Area 820 sqft
  • Bedrooms 6
  • Bathrooms 4
  • Furnished No
  • Last Updated 11th Dec, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 2
  • Courtyard
  • Fully Fenced
  • Garage: 2
  • Open Spaces: 2
  • Outdoor Entertaining Area
  • Secure Parking
  • Shed
  • Built-in Wardrobes
  • Ducted Cooling
  • Ducted Heating
  • Ensuite: 2
  • Living Areas: 4
  • Split-system Air Conditioning
  • Split-system Heating
  • Toilets: 4

Property Overview

Discover the potential of this unique property located in the vibrant and up-and-coming suburb of Morphett Vale on the south side of Adelaide. Boasting not one, but two houses on a single title, this investment opportunity offers a myriad of possibilities for savvy buyers.<br/><br/>Key Features:<br/><br/>Dual Income Stream: Both houses are currently tenanted, providing a steady dual income stream from day one. This makes it an ideal investment for those looking for immediate returns.<br/><br/>Development Potential STCC - Unlock the full potential of this property with its prime location and development possibilities. Explore the option of subdividing or enhancing the existing structures to maximize returns on your investment.<br/><br/>Proximity to Essential Amenities:<br/><br/>Beach Access: Enjoy the close distance to the beach, offering a perfect blend of coastal living and suburban convenience.<br/><br/>Transportation: Benefit from easy access to transportation, ensuring connectivity to Adelaide's key areas.<br/><br/>Shopping Convenience: Take advantage of the property's proximity to a massive shopping center, making daily errands and retail therapy a breeze.<br/><br/>Up-and-Coming Suburb: Morphett Vale is gaining popularity as a sought-after suburb with a promising future. Invest in a location that is poised for growth, ensuring long-term value for your investment.<br/><br/>Investment Highlights:<br/><br/>Immediate Returns: Earn rental income from two tenanted houses while planning for the property's future development.<br/><br/>Strategic Location: The property's strategic location ensures convenience, accessibility, and potential capital growth.<br/><br/>Versatility: Whether you are an investor looking for rental income or a developer seeking a new project, this property offers versatility and adaptability to various investment goals.<br/><br/>Don't miss out on this golden opportunity to invest in Morphett Vales promising real estate market. Contact us today to schedule a viewing and explore the endless possibilities that this property holds. Your investment journey begins here!<br/><br/><br/>For further information regarding this property please contact "Your sold agent" <br/><br/>Rebecca Madigan on 0404 277 992 <br/><br/>Email - [email protected] <br/><br/><br/>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 and financial advice.<br/><br/><br/>RLA: 303911<br/><br/>Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.<br/>Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement

Location on Google Map

38-38B Main South Road, Morphett Vale, 5162

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