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AN EXCITING INVESTMENT OR REDEVELOPMENT OPPORTUNITY

Description

This fantastic western suburbs location with easy access to the city, the beach and the airport offers a vibrant, convenient lifestyle in proximity to excellent public and private schools, local reserves and kindy, public transport and a booming cosmopolitan café culture.


At Units 1 - 4, 20 Western Parade you will find....

THE IDEAL INVESTMENT PROPERTY
• 4 x Two bedroom units
• A great investment property ideal for long term growth
• Rent return of $300 p/w each unit ($1200 collectively)
• Vendor selling entire site - not individually

OR THE IDEAL REDEVELOPMENT OPPORTUNITY
• Currently on one title
• Can be split into 4 individual titles

These two bedroom units feature open plan living and currently offer rental returns ranging around approx $300 per week, providing a total annual rental income of approximately $85,000. Investors will find these neat and tidy units with some appealing updates and in turn attract an excellent occupancy rate due to their comfortable design and appealing location.

Brooklyn Park is conveniently situated between the city and the beach and surrounded by some fantastic shops and cafes. Close to public transport, Brooklyn Park Kindergarten, St John Bosco School, Cowandilla Priimary, Export Park Childcare and the close convenience of Adelaide Airport just minutes away. Not forgetting just a short distance to world class beaches and within close proximity to a wide array of fantastic shopping precincts by the likes of Ikea, Aldi, Harbour Town, aswell as nearby Kooyonga Golf Club and the new Royal Adelaide Hospital.

Don't miss this exciting opportunity to invest or redevelop (STCC)!


Council rates / approx $903.15 p.q
Land Tax / approx $1,185.00 p.q
ES levy / approx $336.00 p.a

RLA 267639