Property image

For sale


43 sqmLand size

31/107 Grote Street, Adelaide, SA, 5000, Australia

Map of the surrounding area
Nearest stations
910M (11 mins)
Mile End
1.3KM (16 mins)
Adelaide Showground
1.7KM (21 mins)

About this Property

Sit on Grote Street right behind Ladybird Manor Montessori Early Learning. This three-bedrooms townhouse is situated in the heart of Adelaide next to Gouger Street, China Town and the Central Market.

The ground level features the laundry and a third bedroom. It also offers secure parking in your own garage which is accessed by the electronic gates ensuring safety and privacy within the group.

The first level comprises of two bedrooms, one bathroom and a second separate toilet. Both bedrooms are in good size with built in robes and carpeted flooring. The main bathroom features a large corner shower, toilet, large mirror and vanity with under bench cabinetry.

The kitchen, living and dining area is located at second level and it is quite large and spacious, and features a west facing balcony. The kitchen is well equipped with a stainless-steel oven, electric cook top with range hood, ample cabinetry, large double bowl sink, dishwasher, laminate bench tops and large fridge provision.

This townhouse is perfect for investors with $540 per week rental return (approximately 5.01% rental return). the tenants has been in the townhouses for 2 years and this is their third year. The current lease will expire next March 2022. The townhouse is also suitable for owner occupiers wanting the relaxed and convenient city lifestyle.

Furthermore, the market arcade will soon be redeveloped into a multi-storey building. This will drive more diversity shops opening in the area. To secure this great investment and be part of the next decade growth, contact Richard for an inspection.

General Info:
Council: City of Adelaide
Certificate of Title: CT 5883/812
Year Built: 2004
Building Area: 117 sqm approx.
Land Size: 44 sqm approx.
Council Rates: $497.45 per quarter (approximately)
Water & Sewer: $173.77 per quarter (approximately)
Community Fees: $330 per quarter
Community Manager: Whittles
Avatar of R. Click to visit the profile.

Richard Chiu

DG Real Estate
Sales Manager
Agent Licence: RLA 217293
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