Very rare and highly-sought after investment opportunity…your Superannuation awaits you!

This property is disposed as 2 houses (numbers 15 and 17) plus the 4 units, built at the rear of the allotments in 1991.

Contained within 2 Titles measuring 2090 sq m approx. Must be sold as one.

Potential to sub-divide (subject to all necessary consents).

All dwellings are well presented and in good condition.

Units 1-5 are currently tenanted at $50,057.20 p.a.

There is an opportunity to increase the market rental of units 1-5 coupled with the additional rental of unit 6 may see a gross rental return of $87,620 approx.

Desirable Location, close to all amenities, including bus and train, half way between Adelaide and Flinders.

Other Features Include:
Northerly rear aspect for all 6 homes
Private rear yards
Under cover parking for all including visitor car parking.