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Mike Lao, Tyson Bennett and Edge Realty are proud to present to the market this must-see investment opportunity. With a tenant already in place, this is the set-and-forget addition to your portfolio that you've been waiting for. Current fixed lease of $275 per week in place until 05.05.2022 for instant returns!
Alternatively, those looking for a project can undertake a renovation once the lease ends. A little bit of style and flair will breathe new life into this already charming abode. Fresh flooring, a new colour palette and some modern updates would really transform this humble home.
A large entry welcomes you inside where a light-filled lounge awaits. Set behind this central living space is a bright and updated kitchen and meals area with ample storage, electric appliances and views over the rear alfresco and backyard.
The three bedrooms are all a good size, with easy access to the main bathroom with a bath and separate toilet. From the laundry, you can flow out to the rear verandah and pergola that offers views over the huge, fenced yard.
The expansive 850sqm block promises plenty of room for those who love to move, play and entertain. Mature gardens ensure a shady place to relax and there is also side access for storing a caravan, boat or additional car. This property is also ideal for those savvy developers with the 850sqm block absolutely bursting with subdivision potential (STCA).
The lucky owners and tenants will also enjoy:
- A single carport, a detached single garage and off-street parking
- Built-in robes to two of the bedrooms for convenience
- Air-conditioning in the lounge for added comfort throughout summer
- Easy-care gardens and mature trees that will delight the green thumb
This home is perfectly positioned to appeal to future tenants with easy access to everything this wonderful region has to offer. Ridley Reserve, with walking paths and sporting fields, is located at the end of the street and you can also walk to the local cafes, bus stops and the vibrant Elizabeth City Centre. For families, a host of schools are within easy reach including Elizabeth East Primary School, Pinnacle College, Kaurna Plains School and Playford International College. For those who work in the city, easy access to major roads places you less than 40 minutes away and it's just 30 minutes to Semaphore Beach and 25 minutes to St Kilda Beach.
Call Mike Lao or Tyson Bennett to inspect!
Year Built / 1957 (approx)
Land Size / 850sqm (approx)
Frontage / 19.2m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,557.65 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $89.50 pa (approx)
Current Rental / Fixed lease of $275 per week in place until 05.05.2022
Title / Torrens Title
Easements / Nil
Internal Living / 110sqm (approx)
Total Building / 209.4sqm (approx)
Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
- Air Conditioning
- Entertainment Area
- Secure Parking
- Rainwater Tank