27 Castle Street, Parkside, SA 5063

HUGE INVESTMENT POTENTIAL ROOMING HOUSE WITH INCOME

STUDENT ACCOMMODATION POSITIVE GEARING OPPORTUNITY.

Set in a quiet location in the popular suburb of Parkside, is this two storey rooming house. Complete with ten rooms it is an investment opportunity that rarely comes up. The property includes eight good sized bedrooms, that are substantially occupied most of the year on an individual basis between $160 and $180 per week.

There are two fully functional separate kitchens, each with eating areas, one upstairs and the other downstairs. In addition there are two spacious good quality bathrooms, both are very roomy. There is also rear access from Fuller St into the car parking, which has four bays, and storage areas for bicycles. Each bedroom has a separate lock for privacy and each room is charged separately. Set so close to the city and public transport.

The returns are amazing. The perfect opportunity for a retirement plan that will be positively geared.

For a confidential chat or an inspection please call me.