Price: $810,000

With a huge WOW factor, this corner site of approx 1118m2 has substantial improvements of 5 units on one title that with minimal improvements or upgrades appears ready for adding to your investment portfolio. The units themselves offer a variety of accommodation from a one bedroom bed-sitter to a substantial two bedroom plus lounge home. The street appeal is good with landscaped gardens and off street parking is provided and can be further developed.
The size of the land will underpin the value of this investment and there is no doubt there is the opportunity for long term rental income or perhaps remove the current improvements and further develop subject to council consents.
Kurralta Park sits nicely just off Anzac Hwy half way between the Adelaide CBD and the beachside suburb of Glenelg and the surrounding streets are under-going a renaissance with older homes being removed and newer homes being built.
This WOW factor opportunity requires your most diligent inspection.

Catalogue Auction: Monday May 23rd at 6:30pm
Glenelg Cricket Club, Brighton Road, Glenelg East