$1,700,000

7 Bed  •  3 Bath  •  9 Car  •  689m²

Main view of Homely block of units listing, 745 Marion Road, Ascot Park SA 5043
Floorplan of Homely block of units listing, 745 Marion Road, Ascot Park SA 5043
Second view of Homely block of units listing, 745 Marion Road, Ascot Park SA 5043
+29

Sold

745 Marion Road, Ascot Park SA 5043

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$1,700,000

  • 7
  • 3
  • 9
  • 689m²

Block of Units Sold on Tue 5 Nov, 2024

What's around Marion Road

Block of Units description

“One-of-a-Kind - An Exclusive Investment Opportunity - Shop and 3 Units”

Set back from the road on a generous corner allotment in a most convenient Ascot Park position, this unique offering is undoubtedly the investment opportunity of a lifetime.

Approximately 689sqms with frontages along Marion Road and Second Avenue, all on one title includes a successful ground floor retail hair and beauty shop, along with three units, each leased to excellent long-term occupants.

Also on the lower level, unit 1 comprises an open kitchen, living and dining space upon entry, two bedrooms with robes, bathroom with laundry facilities and separate w/c plus a secure gated yard space, currently earning $340 per week.

Upstairs units 2 and 3 generate $325 and $360 per week respectively, the latter being a sizeable space with a most flexible floorplan inclusive of up to three bedrooms including a generous master with walk-in robe, dual living spaces, a kitchen and dining area with wraparound breakfast bar and bathroom with separate w/c as well as a rear deck.

Separate side access, a rear service yard and allocated carports add to this enticing buy, with a combined gross revenue of over $93,000 per year form the retail lease and 3 flats.

A top spot with convenience at its forefront, where bus and train transport, Park Holme Shopping Centre, Ascot Park Primary School and local parks including the expansive Hendrie Street Playground & Reserve are easily accessible on foot, and CBD commutes (10kms) couldn't be simpler. Westfield Marion, Castle Plaza and Pasadena Shopping Centres are all within a few minutes' drive.

Plenty of food for thought here, come and see this one for yourself.

Property features

airConditioning

Air Conditioning

balcony

Balcony

Other features

Car Parking - Surface, Close to Schools, Close to Shops, Close to Transport

Land details

Area: 689m²

Interactive media & resources

Third view of Homely block of units listing, 745 Marion Road, Ascot Park SA 5043View more
Fourth view of Homely block of units listing, 745 Marion Road, Ascot Park SA 5043View more

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745 Marion Road, Ascot Park SA 5043
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