Block of Units for sale

3 Bourn Avenue,

West Hindmarsh, SA

10 5 5

Group of Five Units on One Title - Asking $1.150 - $1.2m

An opportunity for the Self Managed Super Funds- Long term investment or a short term gain. These units have a good income with potential to renovate and increase the yield or separate and on sell individually. Located just off Port Road, close to transport, shops, city access tram line and Entertainment Centre. This group of 5 units are on one title and situated on an allotment of approx 700m2.

There are 3 units on the ground floor and 2 units on the 1st floor. All have 2 bedrooms, bathroom/laundry, kitchen/meals/living area and carport.

Built in 1971 offering good future potential, separate into individual titles, renovate to increase return or hold as is.

Current rental return $61,000 p/a approx with leases in place.

Council rates (City of Charles Sturt) $4,000 p/a approx
Water rates $1,000 p/a approx plus usage (tenant pays usage.

Contact George Kiritsis 0411 858 300 for further details.

PLEASE NOTE: FLOORPLAN EXAMPLE ONLY *Upstairs Units 4 & 5 have balconies
Last updated: 11:19AM on Feb 16th 2015
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Ray White Mile End

98 Henley Beach Road
Mile End SA, 5031
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