Develop or invest & forget

Auction | Friday 1st October at 12pm.

Rarely does a block of units in an inner city location present itself to the market. Your future investment further bolstered by a corner block of 745sqm (approx.) with the possibility to subdivide into Torrens titled allotments (STCC).

The block of 5 units is just 3km's outside the CBD, 4 of which are currently leased to great tenants (lease details below). All 5 units offer 1 ample sized bedroom, living space and car park and are perfectly neat for now, but offer opportunity to renovate over time.

The Jacaranda lined street and frontage to a public oval are an ideal setting, giving the impression of infinite space.

Located within reach of Burnside Village, as well as being zoned to reputable Glenunga International High School as well as an array of private schooling options.

Current Leases:
Unit 1: $250pw (16/1/22)
Unit 2: $245pw (12/12/21)
Unit 3: $245pw (7/11//21)
Unit 4: Vacant for marketing purposes
Unit 5: $245pw (12/12/21)

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Sold Date : 2021-10-01

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