The Smart Investment!

Auction Location: On-site<br/><br/>AUCTION: Saturday 1st July 2023 at 10:00am, On-site<br/><br/>Built in 1962, and set on an impressive parcel of land of approx. 1,106 m2 as well as Torrens titled and easement free, this allotment boasts a street frontage of approx. 28.9 metres. <br/><br/>This a great opportunity to bolster your investment portfolio with a strong rental return and the long-term potential to bring down both dwellings to capitalize on this large allotment (STCC). <br/><br/>Features include: <br/>* Torrens titled allotment approx. 1,106 sqm, easement free and encumbrance free <br/>* Two semi-detached tenanted properties on the one title <br/>* 28 Elmgrove – 2 large bedrooms, open planned kitchen, meals & living <br/>* 28 Elmgrove – large enclosed carport <br/>* 30 Elmgrove – 3 bedrooms, open planned kitchen, meals and living <br/>* Large rear yards <br/>* Combined rental income of $560 per week <br/><br/>28 Elmgrove Road is currently tenanted on a fixed lease until 29th March 2024 for $280 per week. <br/><br/>30 Elmgrove Road is currently tenanted on a fixed lease until 15th December 2023 for $280 per week. <br/><br/>Astute investors take note this is an ideal opportunity to secure a solid investment consisting of two semi-detached properties on the one title. Both currently with fixed leases in place to long-term tenants and well positioned only ever a short distance from local schools, shops, public transport, sporting clubs, and all the major retailers at the Parabanks Shopping centre.<br/><br/>Register your interest today with Ryan Graham to ensure you don't miss this giant opportunity!<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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at either of our two LJ Hooker Property Specialists Real Estate offices for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA 208516