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“$59,800 per year Gross Returns on this Gem!”
YOU DO THE MATHS!!
This house provides a very unique opportunity for the savvy investor with 5 individual leases in place, with all tenants having their own bedroom, bathroom, living space and an off street car park!
The house has been recently renovated and beautifully modernised to ensure a low maintenance easy care investment, with polished timber floors, new bathrooms, spacious communal kitchen and dining and a low maintenance garden and yard.
All the hard work is done, the perfect set and forget investment!
All this in a prime location only minutes from Flinders University and Medical Centre, Westfield Marion, Glenelg and easy access to public transport, both bus and train. Be in Adelaide CBD in 20 minutes. This location ensures the house is never vacant due to the high demand from University students, hospital workers and employees of Westfield Marion. The demand for cheaper housing is growing and especially in sought after locations such as this.
Some of the added features to make sure this property runs like a dream:
- 6.6Kw Solar system
- Interconnected Smoke Alarms
- 2 Instant Gas Hot Water Services
- Low Maintenance Gardens
- Original Polished Timber Floors
- 2 Rainwater Tanks
- Off Street Parking for More than 5 Cars
- Shared Space is Kitchen, Dining and Laundry (with brand new washing Machine)
- Furniture package available as most rooms are fully furnished
- Class 1B Residential Rooming House.
If you are an investor that enjoys hands off, cash flow positive investments, call now as this property is one in a million and is likely to be snapped up quickly. Potential sub division subject to council consent.
For more information please contact your local dynamic duo:
Marg Kneebone - 0400144520
Adam Farrelly - 0427281746
What’s around Klar Avenue
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Marg Kneebone & Adam Farrelly
Century 21 - Paterson Properties
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