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1 of 1
Sold Property
$1,150,000
Sharon Gillard Harcourts Packham (Glenelg)
8 units on 1 Title in Popular Beachside Suburb
Rarely offered group of 6 x 1 bedroom units and 2 x bedsitters on a generous land holding of approx 1600 sq metres.
Fully rented, with a history of almost nil vacancy rate, these units are ideally located close to transport and within easy access to Westfield Marion, Flinders University and Medical Centre.
A short stroll to the beach with all the cafes and restuarants at hand and only a 25 minute ride into the CBD.
Currently returning approx $90,000 per year i.e. approx 7% return which makes this a fantastic investment opportunity.
Unit 1 current rent $215 pw, leased until May 2020
Unit 3 current rent $228 pw, leased until April 2020
Unit 5 current rent $185 pw, leased until December 2019
Unit 6 current rent $180 pw, leased until June 2019
Unit 7 current rent $215 pw, leased until May 2019
Unit 8 current rent $225 pw, leased until March 2020
Unit 9 current rent $225 pw, periodic lease
Unit 10 current rent $215 pw leased until March 2020
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
Property ID: #SGN3229
Office
Sold Property
8 units on 1 Title in Popular Beachside Suburb
Rarely offered group of 6 x 1 bedroom units and 2 x bedsitters on a generous land holding of approx 1600 sq metres.
Fully rented, with a history of almost nil vacancy rate, these units are ideally located close to transport and within easy access to Westfield Marion, Flinders University and Medical Centre.
A short stroll to the beach with all the cafes and restuarants at hand and only a 25 minute ride into the CBD.
Currently returning approx $90,000 per year i.e. approx 7% return which makes this a fantastic investment opportunity.
Unit 1 current rent $215 pw, leased until May 2020
Unit 3 current rent $228 pw, leased until April 2020
Unit 5 current rent $185 pw, leased until December 2019
Unit 6 current rent $180 pw, leased until June 2019
Unit 7 current rent $215 pw, leased until May 2019
Unit 8 current rent $225 pw, leased until March 2020
Unit 9 current rent $225 pw, periodic lease
Unit 10 current rent $215 pw leased until March 2020
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
Property ID: #SGN3229
Sharon Gillard Harcourts Packham (Glenelg)
Office Harcourts Packham (Glenelg)
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