Situated in popular Magill and adjacent to Uni SA Campus, this upstairs two bedroom fully furnished unit has a commercial lease until 2013 with a 5 year extension option. Utilized as student accommodation it gives a constant income indexed to CPI. With undercoft carpark and majority of outgoings paid by the Lessee, it is a perfect investment with further growth potential. Rental return is $215 per week & strata fees are $304 per quarter. Council rates are $673 per year of which you pay quarter, or $168.