155-157 Hancock Road, Tea Tree Gully SA 5091

13.67% Net Return - $3000 p.w

4 beds

2 baths

1 parking

Rental return of $3,076 per week ($160,000 p.a)13.67% Net Return - Be quick two have just sold!

Marco Fellegvari and EXP Realty are delighted to present an exciting investment opportunity located in the heart of Tea Tree Gully. Introducing SDA Housing, an innovative initiative by the Federal Government aimed at providing high-quality housing for disabled tenants through the National Disability Insurance Scheme (NDIS).

With a rental return of $3,076 per week ($160,000 p.a)13.67% Net Return( 6% increase every year), this is an exceptional chance for investors to achieve attractive long-term rental yields with significant growth potential. All the hassle has been taken care of, so you can simply sign the paperwork and start reaping the rewards.

The 2 generous blocks on offer are approximately 455m2 and come with full planning approval and Torrens title. Each allotment will have NDIS approval for the construction of an SDA home, meaning you can take advantage of this fantastic government initiative and enjoy the benefits once the homes are built.

We can offer full turnkey price includes all landscaping, retaining, and fixtures and fittings required by the NDIS to complete the certificate. The nearby Tea Tree Gully Primary School and Banksia Park International High School make this an attractive location for families.

For more information on these allotments, please contact Marco Fellegvari on 0426 640 889. Don't miss out on this incredible investment opportunity!

Specifications:
CT / 5298/810
Council / City of Tea Tree Gully
Zoning / General Neighbourhood
Land / 455 m2
Frontage / 10.00 m
Nearby Schools / Tea Tree Gully P.S, Banksia Park International H.S


RLA 300 185


Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property Details

• Bedrooms: 4
• Bathrooms: 2
• Garage Spaces: 1
• Land Area: 455 m² (approx)
• Tenancy: Vacant