10 Festival Court, Salisbury SA 5108

Astute property investing involves purchasing a property in a good location whilst ensuring the numbers all add up. With minimal outlay and an excellent return, this unit certainly ticks all the investment boxes.

Located within a very short walking distance of the soon-to-be redeveloped Parabanks Shopping Centre and the Salisbury CBD, this location allows for convenience and ease of transport. Being situated close to Salisbury Interchange, catch the train and you'll be in the Adelaide CBD within half an hour. Despite not needing a vehicle, there is an undercover car allocation.

LOCATION AND A GREAT RETURN

This neat, two bedroom unit, situated upstairs, is currently tenanted at $210.00 per week and with one of the lowest strata fees around, the bulk of your monthly mortgage repayment will be covered.

Crunch the numbers and do your sums, outgoings are:
Council Rates - $940.50 per annum
Water Rates - $160.55 per quarter
Strata Fees - $210.54 per quarter
Sinking Fun - $50.00 per quarter

These outgoings are supported by a great rental return of $210.00 per week. Call Michael Janda today to arrange a viewing of this great investment opportunity.

Unit 23 is also available for purchase, allowing the opportunity of buying two investments in the same group.