Block of Units for sale

38 Fashoda Street,

Hyde Park, SA

8 8 0
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Prized suburb investment - Entire unit complex

Auction Location: On Site.

Auction Saturday 14th December at 2:30pm (unless sold prior)

To be offered as a whole.
A stunning investment opportunity in prized Adelaide suburb to purchase an entire complex of 8 units within the heart of cosmopolitan Hyde Park. Add this solid opportunity to your property portfolio or superannuation fund.
A magnificent allotment of approximately 751m2 with 18.4m frontage and 41m depth offers a surplus of opportunities. All one bedroom, one-bathroom units with large lounge room, spacious kitchen and bathroom. A communal laundry and storage offer great convenience. Built in 1964 (potentially avoiding Open Space Contribution if title changed). $270 average per week rental across all currently tenanted units (approx. 5.6% gross yield).
This outstanding location offers an unbeatable cosmopolitan lifestyle within walking distance to Unley and King William roads cafes, restaurants, fashion boutiques and transport and only minutes to the vibrant city. Set amongst quality tree-lined streets, character and modern homes and within close proximity to Adelaide’s most prestigious private schools and zoned for Unley Primary and Unley High schools.
A very astute investment with significant capital growth potential in the future.
Last updated: 05:45PM on Dec 13th 2019
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23 The Parade
Norwood SA, 5067 RLA: 2048
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