12 Hummock Lane, Mawson Lakes SA 5095

Larger than your normal studio home with 3 genuine bedrooms and a walk through double robe to the bathroom and separate toilet.

Features include:
- Double remote control carport with rear lane access
- Spacious gas kitchen/meals/lounge area with glass doors opening to rear area
- Large master bedroom with 2 way bathroom and dual walk in robes
- Two extra bedrooms, one with built in robes
- Two split system air conditioners
- Extra cupboard space
- Tidy European laundry
- Currently rented on a periodic lease at $325 per week

Take advantage of this opportunity ideally suited to the first home buyer or add it to your investment portfolio. This one is well worth the look.

FINANCE SNAPSHOT
INVESTORS - This property is positively geared and generates a nett income of $41 per week
HOME BUYERS - Loan repayments are $277 per week
- Assumptions
o Purchase price of $319,000
o Investors joint income of $100,000
o Interest rate of 3.89% at 80% LVR
o Rental income of $325 per week
o All figures are estimates for modelling purposes only and are after tax deductions and after property expenses

Contact Tamara from Johnston Grocke for finance advice on 8303 0300

(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)