Currently rented on a fixed term of $245pw for excellent rental returns is this ideal investment for the astute investor. Boasting a solid brick home offering three spacious bedrooms on a generous 678sqm allotment, you can land bank with instant rental income and watch land values rise or subdivide (STCC) to boost your property portfolio.
This property features air conditioning and a gas heater in the lounge for year round comfort, a Chef electric cook top, oven, tile splash back as well as plenty of cupboard and bench space in the kitchen to appeal to a great range of tenants and three spacious bedrooms boasting ceiling fans and easy access to the centrally located bathroom and separate toilet for complete convenience.
Outside continues to delight with a semi enclosed verandah for the ideal barbecue location. Complimented with a spacious back yard for kids and pets to enjoy, the handy person of the home will also be satisfied with the large shed boasting power and solid concrete flooring ensuring the ideal home for a wide variety of tenants.
More fantastic features you'll love about this home include:
• Security doors to the front and back for your peace of mind
• Ducted evaporative air conditioning throughout for extra comfort.
• Large car port with a lockable gate for secure undercover parking.
Davoren Park is a suburb in the Playford Region of South Australia with a population of 7,000 people and 50.78% of its occupants living in rental accommodation. The median listing price for houses is $185,000 and the median rent in Davoren Park for houses is $240 per week with a median rental yield of 6.74%. (Information sourced from http://www.realestateinvestar.com.au/Property/davoren+park)
Sitting on a large 678sqm (approx) allotment, with a wide frontage of approx. 18m and a depth of approx. 36.5m with absolutely no easements, you could follow the trend of the houses on Wilton Street & Faith Road and subdivide to conquer your property portfolio (STCC). With its ideal location close to the exciting developments of Playford Alive as well as bus stops, parks, reserves, schools and the convenience of a short drive to Munno Para Shopping Centre or Elizabeth Shopping Centre, this is a great opportunity to invest a little to make a lot!
Call Mike Lao now to inspect!
Council /City of Playford
Built / 1965
Land / 678sqm (approx)
Internal / 96sqm (approx)
Council rates / $1,288pa (approx)
Water rates / $177pq (approx)
Currently rented at / $245pw fixed until 19/10/2017
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250/Andrew Farnworth now on 0433 963 977.
http://raywhitesalisbury.com.au/sell/property-appraisal/
Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.
Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
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