1 4/24 Ina Ave, Ottoway, SA, 5013, Australia

Upcoming Inspections // Friday 20th October 11:30am // Auction Commence 12:00pm

* Price Guide -The property is being offered by way of public auction. No price guide will be given under the vendors instruction, however recent sales data will be provided upon request via email and at the open inspections *

Why stop at one unit when you can buy the lot… Ina Avenue presents a unique chance for the keen investor to secure a 4-unit complex with potential to increase its bumper weekly returns on the historic skirts of Port Adelaide.

Tidy, tempting, and already earning $1550* per week. What an awesome foursome. Two are fully renovated, two are ready to refurbish; and why not reference the spic and span complete pair's style as your renovation jumping-off point?

With rental vacancy rates at record lows, you'll have no lull in income if you choose to upgrade the final two while the others provide the cashflow - it's the best bet around.

The finished pair provide open plan living, slick white decor, split system air conditioning, ceiling fan circulation, durable timber-look floors, and remodelled kitchens and refreshed bathrooms; and sitting well for the active tenant or downsizer, single carports and next to zero garden upkeep.

And buying the whole block means you could even pursue redevelopment plans for the complex, subject to council consent.

No-through Ina Avenue also issues superb slipstream and transport connection to the Port and CBD via major arterials - the Port River Expressway, North-South Motorway and Grand Junction Road - with Semaphore, Largs, and West Lakes shores all in a sunset pivot.

Gravitate to bike and walking loops, cafes, pubs, the Harts Mill food markets and McLaren's Wharf precinct in the Port's beating heart; our favourite dock that's steadily evolving into a thriving 'living Port.'

It makes sense. Put all your eggs in this sound little basket.

In summary:
4 solid 2-bedroom 1-bathroom units
2 renovated, 2 ready to renovate
Zero front garden upkeep
Single carports to each unit via an off-street shared driveway
Quaint private courtyards to each
Total current rental returns of $1550* per week
Easy minutes to Semaphore, West Lakes & Largs golden beaches
Close to the thriving Port's industrial heart
Expressway connections to the city & Barossa region
An incredible flexible investment opportunity…

1/24 Ina Avenue Ottoway
Lease Dates: 30/06/2022 current expiry 28/06/2024
Rent: $420.00 per week

2/24 Ina Avenue Ottoway
Lease Dates: 30/06/2022 current expiry 28/06/2024
Rent: $420.00 per week

3/24 Ina Avenue Ottoway - Vacant for inspection
Lease Dates: 22/01/2021 current expiry date 28/09/2023
Rent: $310.00 per week // Lease Ended

4/24 Ina Avenue Ottoway
Lease Dates: 11/01/2023 to 10/03/2024
Rent: $340.00 per week

*Measurements are approximate.
*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.