1-5/20 Ethel Street, Forestville SA 5035

Auction Saturday 5th February 12:30pm

It's not every day you are presented with the opportunity to purchase such a unique investment in a premier, blue-chip location.

Conveniently located on a quiet leafy street, just 10 minutes from the buzzing CBD, local shops, and trendy cafes and restaurants. Public transport is within walking distance, with bus, train and tram stops nearby.

On offer, we have a package deal? Four fully furnished units PLUS a townhouse!

The townhouse offers open plan living equipped with a split system air conditioner. The kitchen features a gas cooktop, Miele dishwasher and Bosch oven. Upstairs you will find two good sized bedrooms, each fitted with a split system air conditioner.

The fully furnished one-bedroom units are each made up of an open plan kitchen, living and dining area, complete with a split system air conditioner for year-round comfort. The kitchens are well-equipped and include appliances such as a gas cooktop, fridge, kettle and toaster.

Additional property features include an electric front gate and secure parking.

Units 2, 3 & 4 are currently tenanted at $280 per week, with Unit 1 currently empty to allow for inspections.
The townhouse is rented at $350 per week.
This amazing investment is in a high capital growth suburb, 3.5km from the CBD returning over $76,000 gross per annum with scope for further up lift.

This is a rare and valuable buying opportunity in a high-profile location - an opportunity not to be missed!

*Specifications:
Frontage: 15.24 sqm
Depth: 41.15 sqm
Total land size: 632 sqm (approx)

*All dimensions and measurements are approximate