$1,870,000

7 Bed  •  5 Bath  •  5 Car  •  1115m²

Main view of Homely block of units listing, 1-5/88 Carlton Parade, Torrensville SA 5031
Floorplan of Homely block of units listing, 1-5/88 Carlton Parade, Torrensville SA 5031
Second view of Homely block of units listing, 1-5/88 Carlton Parade, Torrensville SA 5031
+13

Sold

1-5/88 Carlton Parade, Torrensville SA 5031

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$1,870,000

  • 7
  • 5
  • 5
  • 1115m²

Block of Units Sold on Mon 10 Jun, 2024

What's around Carlton Parade

Block of Units description

“Opportunity Knocks: Prime Investment Opportunity: 5 Tenanted Units on One Title.”

Seize the opportunity to secure prime real estate in the heart of Torrensville. Conveniently situated between the City and the Sea, only moments from the vibrant Henley Beach Road, boasting an array of cafes, restaurants, and excellent shopping options.

Introducing an exclusive investment offering - a block of 5 units, all consolidated under one title, resting on a spacious 1,115sqm allotment (approximately).

Currently, all 5 units are leased providing instant income for astute investors. With Established rental returns and the foresight of future land value appreciation, this investment projects both stability and substantial growth potential.

This current investment property offers significant future earning potential as higher rents can easily be achieved. With minimal effort required, it presents an ideal opportunity for savvy investors. To explore the future earning capacity further, please contact Laurie Berlingeri or Kirsty Ciampa for a copy of a comprehensive rental market assessment.

CURRENT INCOME:

Unit 1: $370.00 per week | 2 Bed
Unit 2: $270.00 per week | 1 Bed
Unit 3: $300.00 per week | 1 Bed
Unit 4: $340.00 per week | 2 Bed
Unit 5: $300.00 per week | 1 Bed

$82,160 per annum

Contact Laurie Berlingeri today on 0412 515 259 to discuss the property and your requirements in more detail.

On behalf of Huhme, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek independent advice.
RLA250254

Property features

courtyard

Courtyard

Land details

Area: 1115m²
Frontage: 18.29m²

Interactive media & resources

Third view of Homely block of units listing, 1-5/88 Carlton Parade, Torrensville SA 5031View more
Fourth view of Homely block of units listing, 1-5/88 Carlton Parade, Torrensville SA 5031View more

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1-5/88 Carlton Parade, Torrensville SA 5031
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