1/29 Compton Street, Adelaide SA 5000

Amazing investment – Above 5.5% net return!

Situated in this great city location, this fully furnished 2 bedroom, ground floor unit offers an excellent opportunity for investors looking for a very viable return on their money or anyone looking to live in and take advantage of a non maintenance city lifestyle.

*NOW TENANTED AT $420 PER WEEK UNTIL MARCH 2023*

Everything city living has on offer right at your doorstep! Less than 100 metres away you find an abundance of restaurants, cafes and shopping on Gouger Street and the Central Markets, and a short 15 minute stroll the exciting River Torrens Precinct, Adelaide Oval, Convention Centre, Sky City Casino and Festival Plaza. Adelaide Universities, Uni SA and Adelaide TAFE are also all within walking distance.

Inside offers comfortable living with open plan living and dining and a well equipped kitchen with gas cooking appliances, washing machine and plenty of cupboard and bench space. Both bedrooms are generous size with the bathroom conveniently located between them. The bathroom has been tastefully renovated with floor to ceiling tiles and a large shower.

Further features include:
- Reverse cycle split system air conditioning for year around comfort
- Timber Blinds throughout
- Secure main gate into the complex
- Fully furnished with all appliances etc – you or your tenants can move straight in!

Be quick to secure this very viable investment property in this prime city location! Contact Toby for further investment information.

PROPERTY INFORMATION:

Council Rates – $1,473.40 per annum (approx.)

SA Water Rates – $200.70 per quarter (approx.)

Community Fees:
Admin fund - $353.93 per quarter (approx.)
Sinking fund - $189.00 per quarter (approx.)

ESL – $92.45 per annum (approx.)