Currently rented at on a periodic lease at $200 per week to hard working tenants, this is the ideal investment for astute investors with rental yield expected above 8%.
The homestead is simple yet satisfies all needs for your tenants featuring 3 bedrooms, a bathroom and separate toilet at the rear, kitchen with generous storage and a formal lounge boasting split system air conditioning as soon as you step inside the home.
The land size is calculated at 482sqm in total and with no easements apart from party wall rights to the attached dwelling, this could be the perfect opportunity to pick up a bargain for future development (STCC).
Find new builds appearing on every corner as your neighbours capitalise on the fantastic prices in the area. It is also just a short stroll to Drakes Elizabeth Park Foodland, Coles Express, Terry White Chemmart and only 5 mins drive to the Elizabeth City Centre making this an ideal location for your next investment.
Call Mike Lao now to inspect!
Council / City of Playford
Built / 1960 (approx)
Land / 482sqm (approx)
Building / 101sqm (approx)
Easements / Yes
Currently tenanted at / $200 per week on a periodic lease.
Want 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.
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.
Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and 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. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
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