1/28 King Street, Prospect SA 5082

Located in a block of only 3 units, this property is awaiting your own personal touch to reap the rewards of an investment property or the first home buyer looking for an entry level home in the popular area of Prospect.
Features include: -

- Two double bedrooms
- Open plan kitchen/dining
- Kitchen with gas cooking
- Polished floorboards
- Wall air conditioning unit
- Lock up garage under main roof

Finance Snapshot

INVESTORS - This property is positively geared and generates a nett income of $36 per week
HOME BUYERS - Loan repayments are $258 per week

Assumptions
- Purchase price of $260,000
- Investors joint income of $100,000
- Interest rate of 5% at 80% LVR
- Rental income of $260 per week
- All figures are estimates for modelling purposes only and are after tax deductions and after property expenses

Contact Johnston Grocke Finance Advisors for finance advice on 8303 0300