24 Midlow Road, Elizabeth Downs SA 5113

$175,000 Each.

A fantastic investment and/or development opportunity to secure rare 2x4 bedroom, double brick maisonettes on just under 1400sqm on two titles.

Four bedroom rental properties are consistently high in demand making this investment opportunity sought after investment. Schools, shopping centres, parks and public transport are located nearby. Both properties are currently rented out on rental contracts for a combined $500 per week, presenting solid rental returns for the astute investor.

These properties where built in 1960 and have been maintained as suitable rental accommodation, boasting long term tenants throughout the rental history. There is a scope to improve and update the properties, or capitalise on the high rental returns while planning future development of the land.

The street has recently witnessed two new houses being built, an example of the future development potential in this area, especially with the rare large allotment of land offered by 22 and 24 Midlow road.

Both properties include the following features:
Large, open - plan kitchen/dining
Lounge Room
Polished floorboards
Carpeted bedrooms
Blinds on bedroom and living space windows
Separate toilet
Bathroom with shower/bath
Laundry with rear access
Security doors, front and back
High, lockable gates separating the back and front yards
Ample off street parking
Low maintenance gardens
New oven (#24 only)

For Inspection please contact Nicola Pertini on 0400 330 222