16/144 Main South Road, Hackham SA 5163

$160,000 - $175,000

1 beds

1 baths

The ultimate set and forget investment

Are you seeking a set and forget style of investment where you can park some funds and enjoy reliable returns for many years to come?

Is your ideal investment property easy maintenance and low stress with someone else managing the day to day whilst you watch the rent roll in and monitor the capital growth from afar?

This unique opportunity is set in a retirement village that is professionally managed and maintained with a long term tenant in place.

Nestled away from hustle and bustle, this unit resides in a secure group that is dedicated to providing aged accommodation and boasts attractive gardens and surrounds.

These compact 1-bedroom units offer independent living to the occupant with generous lounge, fully functioning kitchenette and multifunction bathroom so offering all of the essentials for those that are slowing down and occasionally needing assistance but whom still value their own space.

A rear courtyard offers a space for the tenant to relax and enjoy with visitors.

Do the maths yourself-
$252 per quarter for council rates
$14 per month advertising
$612.72 per quarter Strata Fees
$290 per week rent

Ready to deliver returns from day one this property may be the ultimate set and forget investment.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

Property Details

• Type: Unit
• Bedrooms: 1
• Bathrooms: 1