29 & 31 Mainwaring Crescent, Davoren Park SA 5113

Boasting a whopping 1248sqm (approx) with two unique side-by-side semi-detached homes on just the one title, those who are looking for the ideal investment with both a great development and rental yield opportunity will need to look no further!

Internally both semi-detached properties contain a highly desirable fourth bedroom, with the internal living space on both sides being larger than the standard semi-detached home in the local & surrounding suburbs.

What we love about these properties!
Substantial land holding and frontage size for future developments
Dual incomes - offering greater rental yields
Additional internal living space
Large fourth bedroom
Spacious backyard with access allowing for a caravan to be stored.
Close proximity to public transport, local amenities and facilities
Fantastic long term tenants

Location is often spruiked in real estate, and those looking for the RIGHT investment with the RIGHT location will have their needs catered for. Local transport options can be found on the connecting Coventry Road with numerous bus-stops, as well as the Broadmeadows train stop being within walking distance, allowing for ease of transport when a car isn't available, particularly to the Adelaide CBD. Major shopping and local facilities are catered for by the nearby Munno Para Shopping City, as well as the Elizabeth City Shopping Centre.

Please note that both properties are currently tenanted for a total of $1280.00 per fortnight and managed by First National Real Estate Salisbury. Specific rental details can be found below.

29 Mainwaring Crescent - $580.00 per fortnight until April 2024
31 Mainwaring Crescent - $700.00 per fortnight until November 2023

Generating two lots of rental income on a single title, these types of properties are hard to come across and are quickly snapped up by investors, so get in quick whilst the opportunity is here!

Land // 1248sqm (Approx)
Frontage // 34.14m (Approx)
Year Built // 1960
Build Type // Solid Brick
Zoning // Residential
Council // Playford