Calling all discerning buyers, here is an exclusive opportunity that you won't want to miss! A unique chance to invest in your future with this property, extensively upgraded both internally and externally and positioned only a stone's throw from the bustling lifestyle hub of Prospect Road village, cosmopolitan North Adelaide, and a mere 5kms from the city centre.
Nestled on a quiet one-way street on approx. 435sqm allotment, each of the 3 units are currently tenanted with fixed term leases offering excellent rental returns. Each unit comprises 1-bedroom, separate living and dining, kitchen, fully tiled bathroom, split system reverse cycle air conditioning, and its own private courtyard.
Here is a blue-chip opportunity in a premium location with immediate return, and all the hard work has been done! Consider this a welcome addition to your investment portfolio and an ideal land holding for future redevelopment (subject to necessary Council consent). Whatever your plan, this property is poised to reward its new owner for years to come!
Unit 1 $520 per week - Fixed term lease until 30th July 2025
Unit 2 - $450 per week - Fixed term lease until 22nd January 2026
Unit 3 - $450 per week - Fixed term lease until 22nd January 2026
Extensive renovations include:
- Electrical rewiring
- New plumbing services, including installation of three brand new hot water systems
- Brand new kitchens, complete with new appliances
- Brand new premium floorboards
- Brand new bathrooms, including floor-to-ceiling tiling
- New sanitaries and appliances (showers, taps, etc.)
- Brand new windows fitted throughout
- New A/C units installed in each unit
- Brand new roofing
- Landscaped gardens designed for minimal maintenance
- New fencing
- New concreting, including driveways and outdoor areas
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. RLA247163
