3 John Street, Mansfield Park SA 5012

Best Offer by the 28th Feb 2020
Investors looking for a property that will generate high income take note.
Extended families requiring room for two or more families to live under the one roof, this is a must see property.
Internally this property offers the following.
7 up to 8 bedrooms.
2 separate living areas.
2 separate kitchens. Both kitchens are modern and well appointed.
2 separate bathrooms and 2 separate laundries.
3 toilets
In addition this property has a 6.6 Kilo Watt Solar System with 24 Panels.
The front house offers up to 4 bedrooms. The front house was leased as separate boarding rooms. While the front house was leased as boarding rooms the owner lived in the rear home.
Leasing the front property out as 4 rooms it generates approximately $500.00 to $600.00 dollars per week.
Leasing out 8 bedrooms can see this property generate $900.00 to $1,200.00 per week.
The original home was built in the early 1960's. Solid brick throughout with a cement tiled roof. Originally the house comprised of, 3 bedrooms, one lounge room, a separate kitchen dine meals area and a separate tiled bathroom + a separate toilet & a separate laundry.
The kitchen has been totally updated, modern stainless steel gas cooker. Overhead cupboards and ample bench area. A wall unit air/conditioning unit is positioned in the original lounge room. Bedroom one has a built in robe. Flooring is polished timber floor boards, the ceiling height is 2.7 metres.
The house was extended in 2004. The addition comprises of, an open plan modern well appointed kitchen and dining family room. 3 bedrooms with the main having a built in robe. A second bathroom + a toilet and a 3rd separate toilet. A 2nd separate laundry.
The addition has a split system air-conditioning unit in the living/dining/kitchen + a gas wall heater. Ceramic tiled flooring throughout and 2.7 metre ceiling height.
Outside with a massive undercover patio/carport. Parking for 6 or more vehicles is possible. The carport/patio area is cement paved, entry to the carport is via an electric roller door. Additional off street parking is available on the drive.
Every convenience is nearby, public transport with the bus off Grandjunction Road and Hanson Road.
Regency Tafe College and Regency Golf course plus its tavern are close by. Local schools and Centro Arndale shopping centre + local shopping along Hanson Rd are all less than a 5 minute drive away