An outstanding opportunity, this three-storey block of 18 units is perfect for investors seeking a solid rental yield and potential for future capital growth. Located minutes from the city centre and short drive to popular beaches.
+ A rare offering in the Adelaide Real Estate market, in a prime location
+ Three story block of 18 units (two bedroom; 1 bath)
+ Fully occupied and currently rented at approx. $188,000 gross/annum
+ Single Torrens title on 1094sqm (approx.) with 46m frontage
+ Passive investment; sit back and collect the rent
+ 5 minute drive to CBD
+ 20m walk to the main transport corridor and local shopping strip on Henley Beach Road that that has become well known for its cafes and restaurants
+ Options galore with future development potential STCC
+ Zoned – Transit Living Policy 36 (multi story mixed commercial and residential; minimum two story, and up to four story)
1st City’s Fund + Protect has the expertise, knowledge and accreditation to help you with sourcing and structuring basic to complex facilities (including trusts).
Contact John Ganderton on firstname.lastname@example.org or Adam Rakowski on email@example.com