NOW UNDER CONTRACTIdeally located for exceptional convenience, you will find this well looked after maisonette with a long-term tenant who is currently paying $200pw fixed until 9/02/2018 for instant income! Positioned only a stone's throw away from the Broadmeadows Train Station and Munno Para Shopping Centre, this is the ideal investment you've been looking for.Elizabeth North is a suburb in the Playford Region of South Australia with a population of 3,232 people and 52.43% of its occupants living in rental accommodation. The median listing price for houses is $199,000 and this has changed 7.56% over the past year and changed -6.57% over 2 years.The median rent in Elizabeth North for houses is $245 per week and the median rental yield is 6.40%. (Information source, http://www.realestateinvestar.com.au/Property/elizabeth+north).The original home is solid brick in build boasting three bedrooms, lounge and a open plan kitchen/dining area, the bathroom has been renovated and is ideally situated near the sleeping quarters while the laundry features a separate toilet at the rear.Outside continues to delight with a spacious back yard which boasts a large double length garage for safe and secure, undercover parking. Developers will be further delighted as there are absolutely no easements with a 22m frontage and 38m depth at its shortest giving you great potential for a profitable pick, perfect for your pocket.More fantastic features you'll love about this property include:Alarm system for your peace of mind.Security screen to both front and back doorsRenovated bathroomStorage within the hallwayNew window treatments though out the homeSplit system air conditioning in the lounge for temperature controlled comfort all year round.Reverse cycle wall unit in the kitchen/ dining for added comfort while you cook.Rainwater tank to keep those water bills down.Sitting on a large 699sqm allotment this is a fantastic opportunity for the astute investor to reap the rewards of this well positioned property. Located only 7 mins walk to the nearest train station for quick and easy commute to the Adelaide CBD as well as a short 3 min drive to Munno Para Shopping Centre, 6 mins drive to Elizabeth Downs Primary School and only 3 mins drive to the Elizabeth Football Club for an incredible living location.Call Mike Lao now to inspect!Council /City of PlayfordBuilt / 1960Land / 699sqm (approx)Internal / 88sqm (approx)Council rates / $1,216.00 pa (approx)Water rates / $593.40 pa (approx)Es levy / $115.39 pa (approx)Approx rental range / $240 - $260 per weekWant to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.http://raywhitesalisbury.com.au/sell/property-appraisal/Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
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