203/2 Augustine Street, Mawson Lakes SA 5095

Due to the original purchaser's not being able to fulfil their obligations, there is a massive opportunity for someone to secure these large apartments located in beautiful Mawson Lakes!

PLUS, potential $15,000 grant's for first home buyers!***

Investors note: Depreciation of over $40,000 in the first 5 years!# AND..2 Year Rental Guarantee Available!

Ready to move into NOW! These quality lifestyle homes will suit the owner occupier or investor. Currently these properties are receiving a rental income of $300 to $350 p/week and provide an investor yield of approx. 5.8% to 6.24% (not including capital growth).!

Each apartment is well-appointed and fit-out includes:
*Stone Bench Tops, and
*Stainless Steel Appliances, and
*Two-Pack kitchen, and
*Porcelain Tiles, and
*Secure Parking, and
*Built in Robes, Reverse Cycle a/c, Balcony areas to all apartments, Lift access to all floors.

Located in Mawson lakes, this investment is only 12 kms from Adelaide CBD. Mawson Lakes is the IT hub of Adelaide boasting a myriad of businesses, a brand new shopping centre. A University, private secondary school (Endeavour College) and Mawson Lakes Primary School have all your shopping and educational needs at hand.

Call or Email Karl Niehus to secure what apartments are left or ask for a spec list & floorplans.

APARTMENT 203 $269,950
APARTMENT 307 $264,950

**Terms and conditions apply to each applicant or purchaser.
***Subject to being approved by Revenue SA for FHOG
#Based on BMT Tax Depreciation Specialist report

RLA268200

All images are for illustration purposes only.