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$580,000
*This will not suit owner occupiers, long term leases in place*
This is a rare and exciting investment opportunity in the thriving Munno Para area. Offering two fully self-contained apartments in one townhouse, this property is perfect for investors looking for solid returns and low-maintenance management.
Unit 1 features a well-appointed 1-bedroom, 1-bathroom layout with a spacious open-plan kitchen and living area. Currently leased for $310 per week, this unit offers a steady income stream, ideal for singles, couples, or young professionals seeking a comfortable and modern living space.
Unit 2 boasts a larger 2-bedroom, 1-bathroom configuration, also with an open-plan kitchen and living area that creates a bright, inviting atmosphere. Leased at $370 per week, this unit is perfect for small families or tenants seeking extra space.
With a combined weekly rental income of $670, this property presents an excellent opportunity for those looking to maximize rental yield. Both units are in great condition, ensuring minimal vacancy and maintenance issues for the future. The property is situated in a highly sought-after area with close proximity to shopping centers, schools, parks, and public transport, making it a prime location for tenants.
Key Investment Highlights:
• Combined rental income of $670 per week ($310 for Unit 1 and $370 for Unit 2)
• Prime location with easy access to amenities, schools, and transport
• Strong rental demand in the area
• Low-maintenance, fully tenanted property
This dual-apartment townhouse provides an exceptional opportunity for investors seeking reliable returns and long-term capital growth. Whether you're a first-time investor or looking to expand your portfolio, 1-2/228 Newton Boulevard offers fantastic value.
For more information or to arrange an inspection, contact us today!
Disclaimer:
RLA 237185 - This advert contains information and imagery which is believed to be accurate based on our sources and/or inspections of the property before or at the time of advertising. Prospective purchasers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any purchasing decisions.
88 Murray Street, Gawler SA 5118
Call Nick Bevan on
0407917456
Call Stephanie Bowden on
0497 335 312
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