1,2,3,4/21 Wilson Street, Prospect SA 5082

A unique opportunity to acquire 4 individually titled strata units.
All currently leased to long-term tenants with scope to increase to current market levels.
Solid brick, one owner property, updated kitchens and flooring.
All units comprise 2 bedrooms with their own carports and laundry.
Superb location with ample opportunity to really improve on your long term investment strategy.
Located in Prospect, this site is within 2km of North Adelaide and 4km of the CBD, Close to public transport and the cosmopolitan lifestyle of Prospect Road.
New tenants would be lining up for this type of property and location.
A terrific opportunity to say the least.

Snapshot:
• 4 x 2-bedroom solid brick home units
• All individually titled already
• Updated Kitchens with gas cooking meals area and separate lounge room
• All units with their own laundry
• Currently fully tenanted long term stable management
• Rental return of $54,080 per annum
• Carport parking for 4 cars two carports on either side of the building

Combined current rental $54,080 p.a.
Rental appraisal is $370 per week each unit = $76,960p.a. for the whole lot.

Potential to upgrade and develop in the future. A tidy group of units located in one the most desirable suburbs of Adelaide. Secure your future today!

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at any open inspection.

Property Details:
Council | Prospect
Zone | EN - Established
Land | 599sqm(Approx.)
House | 128sqm(Approx.)
Built | 1972
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa