Other for Sale140 days on Homely
Sale $185,000
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Amazing investment opportunity

5 Robe Road, Penola, SA 5277

2 bed1 bath1 car
An exceptional investment opportunity with these executive units in a great location.The units are of solid construction & are immaculately presented & superbly designed.Unit 3 (the back unit) has 2 bedrooms - main bedroom has b.i.r's, open plan kitchen/dining/lounge area, the modern kitchen has elec. oven & gas hot plates, r/c air con., large 2 way bathroom, carport/breezeway or entertaining area, garage with concrete floor & lights & paved backyard. The unit is currently tenanted at $170 per week. Unit 1 and 2 is of similar design to Unit 3 with 1 car carport and has 1 other parking space. Both the tenants are on periodic leases.The units are of solid stone construction and have own Strata Title. So many options with these fabulous units! You can live in one enjoying the low maintenance living and rent out the others or you can buy just one for $185,000 and enjoy all of the hard work or you can buy all three for $540,000 and sit back and collect the rent!!

Main details

Price:Sale $185,000Address:5 Robe RoadSuburb:PenolaPost Code:5277Type:OtherBedrooms:2Bathrooms:1Car Spaces:1External Link:View

Additional Features

Carports:1

Schools in and around Penola

607m from propertyPrimaryPublicNon-Denominational
746m from propertyPrimary & SecondaryPrivateCatholic
818m from propertyPrimary & SecondaryPublicNon-Denominational
18.6km from propertyPrimaryPublicNon-Denominational
24.5km from propertyPrimaryPublicNon-Denominational