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1-5/4a Plymouth Avenue, Devon Park SA 5008

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Overview

1-5/4a Plymouth Avenue, Devon Park SA 5008

Sold
Property Features
    Bedrooms 10
    Bathrooms 5
    Built In Robes

Property Description

There's Nothing Safer Than Bricks and Mortar! With $73,060 in Rental Income PA! - SOLD AT AUCTION

Block Of Units Sold - Devon Park SA

5 renovated units fully leased, ideally located in the ever popular Devon Park. A chance to with buy continual income and future potential!

Perfectly poised for a stable and secure investment. An offering of 5 units on 1 title generating multiple income streams is an incredibly rare and fantastic opportunity. Whether you are looking to build a new income stream, add to your investment portfolio with high yielding residential asset or adding to your super fund, this fantastic opportunity will not last long!

Four of the five units which are 1 to 4 are approximately 60 m² each, with unit 5 the larger at 80m2, with modest renovations throughout each of the homes. The tenant enters into their spacious and light filled living area, which is carpeted and has ample space, and then move through the home to your very own kitchen and dining area where the floor coverings are tiled and easily maintained.

The master bedroom is a sizeable with lots 1, 3 and 4 having built-in robes, they are carpeted and have a big picture window. Bed 2 is a good size and well accommodating. Both bedrooms are well serviced by their renovated bathroom and laundry.

The back yards of units 1 – 4 provided ample space for relaxation and for hanging washing, which are all shared. Unit 5 has their own private back yard with tool shed for added comfort and storage.

One truly special and unique offering, featuring:
– Rental return of $73,060 per annum
– 5x 2 bedroom home units
– Solid brick construction
– Recent upgrades including kitchens and bathrooms
– Split system air conditioning
– Currently fully tenanted long term stable management
– Carports for 5 Cars
– Potential for further upgrades and also surplus land

Revel in your new perfect home situated in the ever popular suburb of Devon Park so close to the CBD, local parks & playgrounds, quality schooling, shopping centres, public transport and a short commute to the ever popular Prospect Road, with cosmopolitan cafes restaurants and lifestyle strip that makes this location, very desirable for both tenants and homebuyers.

Allow yourself to take the next step towards securing your property investment goals by calling Marc Olsen today.