11 Bagot Road, Elizabeth South, SA 5112

ANOTHER ONE UNDER CONTRACT BY MIKE LAO - 0410 390 250!

Attention investors and developers! A fantastic opportunity presents to purchase an excellent home sitting on 1,250sqm of prime land in the residential regeneration zone generating $520 a fortnight for you to subdivide, redevelop or land bank for the future while the reaping the rental returns.

The great solid brick home in good original condition features 3 delightful bedrooms (1 with built in robe) and separate formal lounge serviced by it's own reverse cycle wall unit for your comfort all year round. Overlooking the dining room is a lovely rejuvenated open plan kitchen with walk in pantry that leads to laundry with rear access.

Outside the home continues to delight with rear undercover verandah perfect for the family bbq or for you to relax and enjoy watching your kids or pets play in the enormous low maintenance back yard.

Other excellent features of the home include:

- Garage with power and lights to securely park your vehicle and shed for all your storage requirements.
- Rainwater tank to service your fruit trees and lawn while keeping water bills down
- Roller shutters on all front windows, and security grills for your privacy and security

Located in the up and coming suburb on Elizabeth South in a prime position close to Ridley Reserve, both Elizabeth Grove Junior Primary and Elizabeth City High School and within easy walking distance to Elizabeth Shopping Centre and transport you are near all the best facilities. Currently rented to fantastic tenants on fixed leases til May 2013, this is a rare fantastic investment opportunity! First home owners will benefit from the fantastic lifestyle on offer while investor's and developers can capitalize on the income, capital gain and development potential (subject to council consent).

Phone Mike Lao now to inspect!