23 Shepherd Street, Ridgehaven, SA 5097

Investors or Developers, who said it’s impossible to find a cash flow positive investment property?

Forget negative gearing - you want dollars in your pocket NOW. This 4 bedroom, 1 bathroom home plus a self contained granny flat with separate bathroom, toilet and kitchenette, delivers just that!

Currently leased as a multi let property at $800 p/w rent with 5 tenancies in place, and offering a huge 861m² block with subdivision potential in the future STCC, it’s a no-brainer!

Superbly positioned in a quiet tree lined street adjacent to a park, minutes to Tea Tree Plaza shopping centre, and just a short walk to Modbury Primary School and public transport; all the boxes are ticked for local transport and facilities. Ducted air conditioning, gas heating, and ample vehicle accommodation are appealing draw cards for future tenants.


Don’t miss out on this rare opportunity for instant cash flow from day one and subdivision potential for the future in this much sought after area.

Phone today for more details. Inspection by appointment only.