1 4/103 Spring Street, Queenstown, SA, 5014, Australia

Nick Psarros and Penny Papazis from Ray White Port Adelaide are pleased to present to the market this fabulous opportunity to acquire a block of 4 x 2 bedroom units on one Torrens Titled allotment of approximately 910m2.

The property comprises four single storey units all on one Title built of solid brick construction in approximately 1969. Each unit features 2 bedrooms, lounge room, kitchen/dining area and bathroom. There is a communal laundry and four carport spaces.

Unit 1 - Refurbished - Rental assessment $320pw
Unit 2 - Rental assessment $280pw
Unit 3 - Leased at $240pw on periodic lease
Unit 4 - Leased $240pw periodic lease

Be quick to register your interest as this unique offering and opportunity does not come to the market often!

Specifications:
CT / 5090/748
Council / City of Port Adelaide Enfield
Zoning / GN - General Neighbourhood
Built / 1969
Land / 910m2
Council Rates / $235 pq per unit
SA Water / $151.77pq
ES Levy / $127pa

Queenstown is located in the Western suburbs of Adelaide and is tucked away in a small pocket off Port Road and next door to Port Adelaide which is fast becoming one of the most popular destinations in the West with all the amazing new sites springing up and soon to be new additions including:
$60M Rydges Hotel development on Port Adelaide waterfront
Colac Hotel, Port Adelaide undergoing $12M transformation
Globe Hotel $1.5M rooftop bar redevelopment on St Vincent St, Port Adelaide
Port Adelaide boutique Waterfront redevelopment with retro rooftop bar
New train station and waterfront landscaping developments
2 new childcare centres in the Port: Paisley Park Early Learning & Hessel Early Learning
EATERIES IN AND AROUND THE PORT
St George Bakehouse, Lonestar Rib House, Boost Juice, Bakers' Delight, Wendy's, Captain Chicken & Seafood, Sorriso Cucina, Shanghai Teahouse, Sushi Hiro, S2 Thai, Niji Sushi, Yiros Central, Soonta, Banban, L. Law Cafe, Ucool Bubble T, Banksia Tree cafe, Historic Mayfair bakery & patisserie, Pancake Kitchen, Swedish Tarts, Adobo Co, Carmine & Co

To place an offer on this property, please complete this Letter of Offer form https://forms.gle/WehvGVwwpn7gUvjQ7

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

***Regarding price. The property is being offered to the market by way of Auction. Vendors are not releasing a price guide to the market. The agent is not able to guide or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email or at the open inspection***

"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."