7-9 Miller Street, Prospect SA 5082

UNDER INSTRUCTION FROM THE PUBLIC TRUSTEE


What a great investment opportunity. This property consists of two- five room maisonettes in fairly original condition, approximately built in 1935.

There are certainly a few options for you to consider. If you are looking for a large block and are prepared to knock down and build your dream home in the heart of Prospect, then this valuable corner allotment of some 706m2 is certainly worth a look. Alternatively, you may want rent these two maisonettes out. But you will need to do some renovations and fix the current plumbing issues that the properties have (The properties are not in a habitable condition). Each maisonette comprises of two bedrooms, formal lounge, formal dining, kitchen, bathroom and separate laundry. They also have their own separate driveways and yard areas.

If you are looking for a high yielding investment property in a high growth suburb then look no further. There is certainly scope to value add with the appropriate renovations and the potential for a dual income from one title.

Situated in a tree lined street in the city fringe suburb of Prospect and only a short walk to Prospect Road this one is definitely worth a look.


CT / Vol 5827 / Fol 891
Title/ Torrens Title
Equivalent Building Area / 223m2
Land Size / 706m2
Year Built / 1930's
Council / City of Prospect
Council Rates / $2526 p.a.
Water & Sewer / $177.16 p.q.
ESL / $ 145.80 p.a.
Zoning / Residential
Rent appraisal / $TBA per week

Speak to TURNER Property Management about managing this property
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