Perfectly positioned on the prestigious Kingston Terrace is this gorgeous 1880s heritage listed row cottage, situated on a quiet no-through road with the picturesque parklands on your doorstep!
Rarely does an opportunity come up like this, such an enviable location at an affordable price point! The view from the living room is trees and parklands as far as the eye can see with native birds, horses, koalas, tennis courts and walking trails.
FEATURES TO LOVE
- 2 bedrooms both with built in robes
- Spacious living room with freshly polished floorboards and original functioning fireplace
- Open plan dine in kitchen, with Bosch appliances including dishwasher and pyrolytic oven
- Light drenched dining room with openable skylight and servery to the kitchen
- Recently renovated (never used) crisp white bathroom with laundry facilities
- A small private patio is situated at the rear of the property
- One off street car parking space
Situated right in the hub of vibrant North Adelaide, a short stroll to the restaurants, cafes, boutiques and pubs of Melbourne St and O'Connell St. Walking distance to the CBD, Adelaide Oval, Royal Adelaide Hospital, Womens & Childrens Hospital to name a few. The quintessential cosmopolitan lifestyle!
This one is truly for the investors (or first home buyer or downsizer!) Achieving a strong rental return of $650 per week on average for over a decade (fully furnished). See below the approximate annual rental returns. There is an option to purchase the furniture as part of the sale and continue to operate a fully furnished rental.
FY 20/21 = $28,600
FY 19/20 = $29,700
FY 18/19 = $33,000
FY 17/18 = $29,000
