64 Newton Road, Campbelltown SA 5074

An investment like no other - drive in to secure, Community titled homette living and walk away with up to $80,000 (approx.) of annual income (based on a full tenancy) walking distance to Newton Central, five minutes to Paradise Interchange, and some 20 minutes north-east of the city.

Where else in Adelaide can you find this kind of opportunity?

To be sold as an entire complex, one sole owner means no fees. It gets better.

This handful of homettes presents an incredible proposition to renovate or remodel the original 1990s interiors and lease for even greater income reward.

Investors, size up this profitable bundle, or developers, realise on its scope for redevelopment (STCC) with direct Newton Road frontage of some 25.15m offering two private driveways.

The potential is as lucrative as its 1770sqm landholding, and possible under Campbelltown Council's Regeneration Policy Area zoning.

But before unleashing your vision, consider the current floorplans:

Homette 1:
- The largest of the group with 3 bedrooms
- Faces Newton Road with a private driveway & lock-up garage
- Fully-fenced front garden & rear courtyard
- Split system air conditioning
- 3-way bathroom
- Previously rented for $330pw

Homettes 2 to 5:
- 2 bedrooms/1 bathroom
- Wall-mounted air conditioning (split system to home 3)
- Shared 2-way driveway
- Lock-up garaging (with internal entry)
- Rear courtyard with side-gate access
- Unit 2 & 5 were previously rented for $300pw
- Unit 4 was previously rented for $285pw
- Unit 3 is currently rented on a periodic basis for $285pw
But there are more than 5 exceptional reasons to invest.

Consider the light-filled north/south-facing living zones (to homes 2, 3, 4 & 5), the value-adding potential of a style overhaul, its walking distance to local schools, and its five-minute drive to Magill or The Parade, Norwood.

With a fine prospect like this, it'll be first in, five served.

Specifications:
CT / 5088/224
Council / City of Campbelltown
Zoning / R'3
Built / 1990
Land / 1770m2
Frontage / 25.15m
Council Rates / $959.05pa (Unit 1)
SA Water / $240pq (Unit 1)
ES Levy / $143pa (Unit 1)

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.