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For sale
Block_of_units • 4w
CONTACT AGENTS
53 Garden Terrace, Lockleys, SA, 5032, Australia
8
4
4
929 m²
About this Property
Currently returning $80,860 per year, with four excellent fixed term tenants.
Set on a generous 929sqm Torrents Titled allotment featuring four solid brick two bedroom units, each with its own outdoor courtyard and allocated undercover carport. Three of the four units have been updated internally, and been well looked after by the tenants. With all the hard work done providing a solid long term investment.
Located within the highly desired leafy suburb of Lockleys, this unique investment opportunity provides an exciting prospect for those savvy investors. Situated in a tree lined street, and set just a short stroll to the Torres Linear Park trail. With easy access to some of Adelaide's best beaches, and back into the CBD this central location ticks all the boxes.
Features of the units:
- Open plan living area.
- Dedicated meals area off of the kitchen.
- Kitchens includes updated cabinets with a freestanding oven & cooktop.
- Bedroom 1
- Bedroom 2
- Bathroom includes a bath / shower combo with a vanity and toilet.
- Separate laundry room.
- Outdoor patio.
- Undercover carport.
- Use of the common lawn area at the front, with added space in the rear.
- Solid timber flooring.
- Split system aircon unit.
- Window treatments.
Unit 1: Leased at $410 p.w until December 2025
Unit 2: Leased at $400 p.w until July 2025
Unit 3: Leased at $385 p.w until March 2025
Unit 4: Leased at $360 p.w until April 2025
Council Rates - $4590.60 per year
SA Water & Sewer Connections - $3870.08 per year
Emergency Services - $202 per year
Whether as a first time investment, self-managed super fund or to add to your portfolio this is an opportunity not to be missed.
Contact Agents for further information.
RLA183205
Set on a generous 929sqm Torrents Titled allotment featuring four solid brick two bedroom units, each with its own outdoor courtyard and allocated undercover carport. Three of the four units have been updated internally, and been well looked after by the tenants. With all the hard work done providing a solid long term investment.
Located within the highly desired leafy suburb of Lockleys, this unique investment opportunity provides an exciting prospect for those savvy investors. Situated in a tree lined street, and set just a short stroll to the Torres Linear Park trail. With easy access to some of Adelaide's best beaches, and back into the CBD this central location ticks all the boxes.
Features of the units:
- Open plan living area.
- Dedicated meals area off of the kitchen.
- Kitchens includes updated cabinets with a freestanding oven & cooktop.
- Bedroom 1
- Bedroom 2
- Bathroom includes a bath / shower combo with a vanity and toilet.
- Separate laundry room.
- Outdoor patio.
- Undercover carport.
- Use of the common lawn area at the front, with added space in the rear.
- Solid timber flooring.
- Split system aircon unit.
- Window treatments.
Unit 1: Leased at $410 p.w until December 2025
Unit 2: Leased at $400 p.w until July 2025
Unit 3: Leased at $385 p.w until March 2025
Unit 4: Leased at $360 p.w until April 2025
Council Rates - $4590.60 per year
SA Water & Sewer Connections - $3870.08 per year
Emergency Services - $202 per year
Whether as a first time investment, self-managed super fund or to add to your portfolio this is an opportunity not to be missed.
Contact Agents for further information.
RLA183205
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Anthony Fahey
Ray White Henley Beach
+ 61 0428641404
Samuel Parsons
Ray White Henley Beach
+ 61 0431934575
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More Details on 53 Garden Terrace, Lockleys SA
How many bedrooms and bathrooms does 53 Garden Terrace, Lockleys have?
53 Garden Terrace, Lockleys is a 8 bedroom, 4 bathroom block_of_units.
Who is the agency that listed 53 Garden Terrace, Lockleys?
The agency who listed 53 Garden Terrace, Lockleys is Ray White Henley Beach - you can contact the agents here.
How many car spots does 53 Garden Terrace, Lockleys have?
53 Garden Terrace, Lockleys is a 4 car spot home.
How much is 53 Garden Terrace, Lockleys?
The price of 53 Garden Terrace, Lockleys is CONTACT AGENTS - contact the agents to find out more.