An exceptional opportunity to secure an entire group of three well-maintained, separate strata titled units in one of Adelaide's most desirable city fringe suburbs. Situated on a 792m2 block of land, in the heart of Parkside, these two-bedroom homes present a rare and exciting offering for investors, developers, or those seeking a multi-generational living opportunity. Enjoy the benefit of no strata fees – only standard building insurance applies, making this a cost-effective and appealing choice for investors.
Perfectly positioned close to Duthy Street, a vibrant café and restaurant precinct, with easy CBD access, shopping conveniences and public transport links, this property ensures an enviable lifestyle appeal. Each unit offers easy-care, minimal maintenance living with generous interiors and quality updates throughout.
Unit 1 features two spacious bedrooms, a separate full-sized laundry, one bathroom equipped with a vanity, a combined bath shower and a toilet, a kitchen with sufficient storage, a comfortable living area with timber floorboards, and split system air conditioning for year-round comfort and its own single carport. The outdoor living area is equipped with decking and a low maintenance garden.
Unit 2 enjoys the same plan, with two bedrooms, one bathroom equipped with a vanity, a combined bath shower and a toilet, an updated kitchen with plentiful storage, floating floorboards throughout the main area, a full-sized laundry, split system air conditioning, and its own single carport.
Unit 3 presents two bedrooms including a large main with built-in robe, one bathroom equipped with a vanity, a combined bath shower and a toilet, open plan living and meal areas with timber floorboards throughout the main area, an updated kitchen with plentiful storage, easy-care grounds with secure parking, and split system air conditioning along with a single carport. The outdoor living area is equipped with a veranda and a low maintenance garden.
Council Rates for each unit: $256 per quarter
Water Rates for each unit: $165.55 per quarter
Gross Rental Income: $75,660 per year
All three units are ideally zoned for Parkside Primary School and Glenunga International High School, and are surrounded by quality family homes, adding further value to this attractive investment. With a strong rental return potential, lifestyle advantages, and future development possibilities (subject to planning consent). This is a rare offering not to be missed.
