Ads By Google
An incredibly rare and fantastic investment opportunity to purchase this group of three established, single storey properties spread across 942m² of land providing continual income and future potential. Built in 1993 these dwellings are being offered as a whole on one Torrens Title which facilitates cost control while generating multiple income streams.
Ideally located in this very tightly held suburb, with just a short stroll to the shopping plaza, public transport and a 15 minute drive to the City, making this location very desirable for both tenants and homeowners alike.
The properties are in good overall condition and have potential to further improve through minimal refurbishment. The front house has 3 bedrooms while the other two homettes comprise 2 bedrooms. All properties offer generous accommodation including open plan living and dining areas, kitchen, 1 bathroom with shower, separate toilet, laundry room, private back yard and an interconnecting single garage. Additional off-street undercover parking for 2 cars is also available.
All three properties are currently leased providing continual income.
One truly special and unique offering, featuring:
- A solid cash flow that would be hard to match
- Currently fully tenanted, long-term stable management
- Torrens Title for better cost control - no Strata fees
- Small group of 3 homes making it more attractive to tenants and easy to manage
- Solid brick construction
- Evaporative air-conditioning and gas heating for year round comfort
- Interconnected single garage to all homes plus additional off-street undercover parking
- Potential for further upgrades
Whether you are looking to build a new income stream, add to your investment portfolio with high yielding residential asset, adding to your super fund or downsizing into the front house while renting the rest, this fantastic opportunity will not last long!
Council - Norwood Payneham & St Peters
Council Rates - $3151.32pa
Water Rates - $241.10 pq
ES Levy - $201.85 pa
This listing is powered by RESO - Real Estate Sales Online - an online platform enabling you to view all property information and make an offer 24/7 online, anywhere, anytime and on any device. Message me on 0452 544 668 for an SMS invite for instant access.
Open Inspection Guidelines
Please note that due to Covid-19 restrictions easing we are now able to conduct open home inspections. We will continue to implement strict hygiene protocols. We ask for your patience and cooperation as we all do our best to help keep our community safe. For further queries please don't hesitate to contact agent on mobile.
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. Interested parties should make their own enquiries.
Ads By Google
