14 Bindi Street, Para Hills West SA 5096

Providing an intelligent investment for now and in the future, this offering affords an exceptional opportunity for a future development yet is rare in its offering of dual income across two independent tenancies.

The allotment of 640sqm with a 21m frontage is flat and rectangular in shape with just the two side neighbours and a greenspace at the back.

The main house, built in 1970 is comprised of three bedrooms, a large lounge room, good size kitchen with adjacent dining area and centrally located bathroom with separate toilet. There is a single carport, verandah, external rumpus room, shed and large lawned area. The house is currently leased to July 2023 returning $335 per week.

Additionally, there is a one-bedroom flat containing a kitchen, living area, bathroom and private yard with separate access from the house which is leased to a long-term tenant for the past 13 years currently retuning $175 per week. With rents increasing, accommodation in this price range is hard to find creating greater demand.

Both properties can be left as is or would be suited for refurbishments to further increase rental returns should you seek to invest now and develop later.

Well positioned within the suburb with easy access to McIntyre Road an abundance of shopping is nearby with major shopping at Tea Tree Plaza less than 15 minutes away. Public transport is within walking distance as is Para Hills West Primary School & Para Hills High School. Uni SA is a short commute, just 5kms away at Mawson Lakes.

SPECIFICATIONS

CT / 5443/214
Zone / General Neighbourhood
Land / 640sqm
Frontage / 21.03m
Built / 1970 (house)
Council / City of Salisbury
Council Rates / $TBA
SA Water Rates / $144.65 per quarter + usage
ESL / $TBA
Rent / $510 per week combined income

DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.

Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. 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.

RLA 46442