************AUCTION PRICE GUIDE $680,000************

Investors take note; 4 community titled units to be offered for sale by auction as a whole.
Auction is on the 11th of April 2011 @ 6:00pm at the Lakes Resort West Lakes

Solid Cream Brick in construction Circa 1962, these single level units are in original condition internally, timber kitchens and tiled bathrooms & combined toilets.

There is room for improvements and in doing so each unit’s value would grow and the additional rent income would soon assist in paying the investment off.

Each unit offers an open plan design with a timber kitchen adjoining dining and lounge room, the lounge is north facing allowing good natural lighting while external awnings have been installed in the porch area for summer.

Each unit has two bedrooms the main being a double, both are adjacent to the bathroom, each unit has carpets over the timber flooring.

Each unit has its own private rear yard while unit three has an additional yard situated behind the carports which is quite large measuring 212m2; units one & four also have an extended area of yard.

The overall allotment is some 929m2 and there is a possibility of some further development for perhaps a fifth dwelling subject to council approvals, a concept plan is available.

These units offer a great investment opportunity, unit one is leased at $190 per week, all other units are owner occupied.

Positioned close to West Lakes, Port Adelaide and an easy drive into the City, you will be assured that demand for these units for lease or resale will be in demand.