Mitchell Park is fast becoming one of Adelaides most sought after suburbs. Its close proximity to shopping, transport, schools and amenities make this a popular destination for families and people looking to break into the property market
.
This property represents a great opportunity and even better value. The main home has a spacious open plan kitchen, dining and living area, two bathrooms and three bedrooms.
At the rear of the home there are an additional 4 bedrooms Yes 4 bedrooms. That makes 7 in total.
The yard is spacious and has a pool at the back of the block however this is inactive.
Currently leased out by the owners as a student rental and currently returning $720 per week. The sale includes all furnishings as well as having leases in place and a great return.
A great investment, renovator or development site (STCC). A buyer could swoop this up and the rental return being cash flow positive will take care of the mortgage for you.
Contact Daniel Richardson for further information Ph. 0424 332 564