29 Addison Road, Hove SA 5048

Rarely do you find both a renovated home and a detached studio on the same block.

The opportunity is here for families with a teenager or elderly parent, or even an owner occupier looking for rental income - or look at the subdivision potential where blocks of as little as 200m2 each are required (stcc).

The front home is currently rented out for $410/week with tenancy running until 19/9/17 but the tenants are very keen to stay on - the rear studio should achieve $200-$220/week.

Providing 3 bedrooms, a near new kitchen, ensuite and bathroom and indeed a third toilet, and generous outdoor living space to the rear, the main house provides everything a young family could desire with amazing proximity to both Warradale and Hove stations, as well as the shopping mecca of Westfield Marion and the Douglas Mawson Medical Centre at the bottom of the street.
On top of that there is 2.5Kw of solar power - goodbye to insane electrciity bills!

The pristine beaches of Holdfast Bay are just 5 minutes' drive, along with all the cosmopolitan attractions of Jetty Rd, Brighton and quality schools abound.

The rear studio is just perfect for a student attending uni - the train journey into the city is just 16 minutes - or a teenager needing their own space for Year 12 study. Of course this means a steady rental income for the astute investor should you decide to rent it out or perhaps this is where an aged parent could spend their time, safely, under the eye of the family, while still enjoying privacy and comfort.

Whichever way you look at it this is a unique and wonderful opportunity to put roots down in a superb suburb and benefit from the multiple opportunities this set up provides.

Make your offer today - and reap the rewards for years to come.

Specifications:
CT / 5300/521
Council / City of Holdfast Bay
Zoning /R'5
Built /1950
Land /655m2
Frontage /15.26m
Council Rates / $1,184.65pa
SA Water / $186.39pq
ES Levy / $436.20pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.