“SOLID GROUP WITH SOLID RETURN! - SOLD UNDER THE HAMMER!”
Refined Real Estate are proud to present this incredible property of 9 units which have been set up in a quality manner for a low overhead, high return investment. The group comprises of 8 ground floor units featuring 1 bedroom and 1 x 2 bedroom unit located on the first floor. This entire group is situated in the highly sought after eastern suburb of Fullarton just minutes from the CBD and within the Glenunga International High School zone.
A rare real estate opportunity providing a continual income of $126,880 PA. The property is situated on over 1000 sqm of land that has been meticulously maintained by the current owners.
A lot of investment has been made into this group overtime to create a commercial, low maintenance, high quality set-up designed for long term growth and holding income. This includes recent upgrades to separate gas, electricity and water meters for each individual unit.
Each neat and tidy unit is leased with long term tenants. Units come completely furnished and feature light filled spaces, open plan kitchen and living, good sized bedrooms and a well kept bathroom and laundry. Each units' carpark is located onsite with several undercover carparks located at the back of the property. The block also contains maintenance/storage rooms for convenience.
Perfectly poised for a stable and secure investment. An offering of 9 units on separate strata titles generating multiple income streams is an incredibly rare and fantastic opportunity. Whether you are looking to build a new income stream, add to your investment portfolio with high yielding residential asset or adding to your super fund, this fantastic opportunity will not last long!
Located just minutes away from many popular retail outlets, cafes, restaurants, schools, public transport and so much more in the blue chip suburb of Fullarton.
One truly special and unique offering, featuring:
- Rental return of $126,880 per annum
- 9 separate strata titles
- 8 x 1 bedroom units & 1 x 2 bedroom unit
- Solid brick construction
- Glenunga International High School Zone
- Fully furnished
- Split system air conditioning
- Washing machine and dryer positioned in each unit
- Currently fully tenanted with long term stable management
- Off-street car parking for 9 Cars
- Potential for further upgrades
Allow yourself to take the next step towards securing your property investment goals by calling Victor Velgush or Gemma Lutz today.
Air Conditioning
Furnished
Area Views, Car Parking - Surface, Carpeted, Close to Schools, Close to Shops, Close to Transport
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