11A Nile Street, Port Adelaide SA 5015

Gavl Auction Link: https://x5u9a.app.goo.gl/KsY4

Located in the Heart of Port Adelaide's business district, this unique 3 unit site
presents an abundance of options for the astute buyer. Situated on "URBAN ACTIVITY ZONE" this property will attract those looking for multiple land uses!

* Currently disposed of 3 units on one title
* Solid gross return of $34,080 per annum
* All 3 tenancies on periodic leases providing flexibility for vacant possession
or rent increases to reflect the current market
* Zoned: Urban Activity Zone - information pack available from agent


Tenancies
Unit 1 - $260 per week - periodic (started 14/2/2020)
Unit 2 - $240 per week - periodic (started 7/12/2019)
Unit 3 - $210 per week - periodic (started 25/4/2020)

Outgoings
Council - $2724pa
ESL - $313.20pa
Building insurance - $1384.44pa
Water - $1000.42pa