Built in 1978 this is the first time the market has seen this prime parcel of land featuring five solid brick units presented for sale.
To be sold as a whole concern, the five individual strata titled units on this 1601m2 block (approx.) are brilliantly located on the corner of Lewis Street and Marshall Terrace.
This fantastic position offers easy proximity to the airport, Kooyonga Golf Club, Harbourtown shopping centre, Henley Beach Road, public transport and schools while also providing quick and easy access to both the CBD and the never-ending appeal of the glorious beachfront.
The units feature varied floorplans and currently offer rental returns ranging within the low $300's per week, providing a total annual rental income of approximately $85,000. Investors will find these neat and tidy units with some updates, gas cooking, air conditioning, garages, carports and visitor parking attract an excellent occupancy rate due to their comfortable design and appealing location.
Also providing a valuable opportunity for future site development, this exciting first offering in over 40 years is not to be missed. Available for sale by auction, speak to us on site or contact us for a private appointment.
Council rates / approx $tba p.a
SA water / approx $tba p.q
ES levy / approx $tba p.a