Reap the rewards with this outstanding investment opportunity

When position, investment and capital growth all align, then you have one exceptional opportunity presented before you.

Located in the inner city locale of Fullarton is a superbly positioned group of 9 x individual strata-titled units on a commanding 1040sqm (approx.) of prime land.

Its walking distance to local supermarkets including the award-winning Frewville Foodland and only a short drive to the CBD. Its also a well sought after location as it is zoned for Glenunga International High School.

The units have all been well cared for with the majority having had various updates over the years, and is now ready for its new Owner to take over and start making an impressive income. There are a total of 8 x one bedroom units and 1 x two bedroom unit, all of which are currently tenanted and generating almost $125,000 p.a (approx).

Highlights of each Unit:
- Individual Strata Titled
- 1 Bedder's renting average $260/wk & 2 Bedder at $310/wk on Fixed Lease
- Separate meters (Electricity, Water & Gas)
- Instantaneous Gas hot water systems
- Split Systems
- Allocated under cover car parking

The complex has maintained a good rental history since the current owners tenure and would be a solid investment for investors, developers or self-managed superannuation funds.

Opportunities to purchase a whole group of 9 units don’t arise very often. Hesitation will lead to disappointment.

Inspection is strictly by appointment only. Please contact Matthew Anand on 0402 535 135 for further information.

CT / Vol / Fol x 9
Year built / 1962
Land Size / 1040 sqm (approx)
Council / City of Unley
Title / Individually Strata Titled
Zoning / Residential Streetscape (Landscape)
Council Rates / $7,463.45 p.a (approx)
Strata Insurance Fees $2,699 p.a (approx)
Water & Sewer / $7,178.80 p.a (approx)
ESL / $822.05 p.a. (approx)

Speak to TURNER Property Management about managing this property #expectmore