Are you ready to take your investment strategy to the next level? This outstanding complex of 9 well-maintained units at 317 Morphett Rd, Oaklands Park presents an exceptional opportunity for consistent, high-yield returns. The property includes:
• 5 spacious two-bedroom units
• 4 well-designed one-bedroom units
• Off-street parking for all tenants
A hassle-free investment with strong rental demand, this is a rare chance to secure a profitable, low-maintenance asset in a prime location.
Why This Property Is a Smart Investment:
• Located in a high-demand rental area, these units offer a steady stream of prospective tenants, ensuring strong occupancy rates and reliable income. With a rental appraisal estimating potential earnings of $3,850 per week or over $200,000 per annum, this property delivers immediate and substantial returns.
• Prime Location, Prime Returns
Situated in the highly sought-after Oaklands Park, this property puts tenants within easy reach of:
• Westfield Marion Shopping Centre - retail, dining, and entertainment options
• Public transport - trains and buses for effortless commuting
• Local schools & parks - ideal for a diverse tenant base
• Cafés & restaurants - adding to the area's appeal
With consistent demand for rental properties, this is a secure, future-proof investment in a thriving location.
Key Benefits:
• Diverse Unit Mix - A combination of five 2-bedroom and four 1-bedroom units to attract a broad range of tenants.
• Comfort & Convenience - Each unit features split system air conditioning for year-round comfort.
• Spacious Living - Generously sized units with large rear yards provide outdoor space for tenants.
• Modern Amenities - Well-appointed bathrooms and functional kitchens cater to modern renters.
• Curb Appeal - Well-maintained gardens and common areas enhance property value.
• Future Growth Potential - With over 1,700 sqm of land, there's room for further development.
• Two Street Frontages - Offering amazing redevelopment potential, this site is perfect for future expansion or a complete transformation.
• Low Maintenance, High Durability - Solid brick construction ensures longevity and minimal upkeep.
• Immediate Income - High tenant demand means strong occupancy rates and reliable cash flow.
Seize This Opportunity Now
This isn't just a property-it's a strategic move to build long-term wealth. With strong rental demand, a prime location, and excellent redevelopment potential, now is the time to secure these 9 units and watch your investment grow.
Don't miss out-contact us today for more information or to arrange a viewing!
RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.