Instant Returns with Long Term Tenant!

  • 3 Bed
  • 1 Bath
  • 0 Car
  • Freshly painted throughout with instant rental returns, you will find this fantastic investment opportunity boasting a solid long term tenant on a fixed lease of $220 per week until 15/08/2018.

    The original semi-detached home boasts a formal lounge as soon as you enter with easy access through to the kitchen and meals for a fantastic floor plan. Three sizeable bedrooms are spread throughout the home with a centrally located bathroom for convenience and a laundry with a separate toilet at the rear.

    The spacious back yard is a blank canvas with plenty of space to build a garage shed for secure undercover parking or a pergola for added rental appeal.

    More fantastic features of this home include:
    - Split system air conditioning for year round comfort.
    - Alarm system and security screen doors for peace of mind.
    - Roof sheeting, gutters & downpipes recently replaced for reduced expence.
    - Freshly painted internal walls and ceilings for extra appeal.
    - TV point in the lounge for entertainment.
    - Polished pine flooring for easy care.
    - 9 ft ceilings throughout and a whirly bird on the roof for added temperature control.

    With the median price for a house in Elizabeth Downs being approximately $145,000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 7.89% (information sourced from https://www.yourinvestmentpropertymag.com.au/top-suburbs/sa-5113-elizabeth-downs.aspx)
    So if you are looking for a fantastic investment with guaranteed returns then this is the place for you. Perfectly positioned so close to nearby services and amenities, find yourself just three minutes from Munno Para Shopping City, local reserves, parks and public transport as well as a short 6 minute drive to the Elizabeth Shopping centre for everything your tenants will need.

    Call Mike Lao now to inspect!

    Council / City of Playford
    Built / 1960
    Land / 623sqm (approx)
    Building / 92sqm (approx)
    Easements / Yes - sewerage easement along rear boundary line.
    Council rates / $1,234.75pa (approx)
    Water rates / $148.35pq + Usage (approx)
    Es levy / $111.05pa (approx)
    Currently rented at / $220 per week until 15/08/2018

    Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.

    Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.

    Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.

    Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.

Price Guide


Property Features

Air conditioning


Close to Schools,Close to Shops,Close to Transport,Polished Timber Floor,Formal Lounge

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