1a Stephens Avenue, Torrensville SA 5031

This 3-storey block of 18 units is perfect for investors seeking a passive investment with a solid rental yield.

Immaculately maintained on a single Torrens Title allotment of 1,144m2 approx, this is an astute purchase is in a suburb that continues to thrive so you can enjoy the capital growth potential it offers.

Due to the large allotment size and a good frontage of 46 metres, the property also has the added benefit of future development potential (S.T.C.C.).

Investment details:
- 18 x 2 bedroom, 1 bathroom units
- Allocated car parking facilities on site
- Zoned: Transit Living Policy 36 (multi story mixed commercial and residential; minimum two story, and up to four storey)

Located minutes from the city centre, Adelaide International Airport and a short drive to South Australia’s most popular beaches, this offering will be a popular choice with local, interstate or overseas investors.

Nestled in this highly sought out location, its unbeatable lifestyle setting is within footsteps of the vibrant, humming eateries and boutique shopping of cosmopolitan Henley Beach Road. Also walking distance to local supermarket and a wonderful array of shops.

Easy access to Harbour Town shopping precinct and Henley Square with exciting retail shops, trendy cafes, bars and restaurants ...not to forget the glistening waters of Henley Beach.

For further information please contact Nick Carpinelli on 0403 347 849 or Frank Azzolini on
0419 849 037.

RLA: 175322