5 Mailey Crescent, Parafield Gardens, SA 5107

Great returns at approx. 5.8% pa from the current tenancy, makes this property a great investment and definitely one for the portfolio? Current tenants would like to stay on and renew for further 12 months.

Bonus is, it is also suitable for subdivision (STCC) into two properties. So if you are after returns today, returns tomorrow, want to develop or land bank, then don?t miss this one, as it is the perfect investment.

The current floor plan offers plenty of space for a family to enjoy including 3 bedrooms, master with built-in robe, family bathroom , separate W/C, separate light filled lounge, good size kitchen/meals has plenty of built-in cupboards and there is an adjacent laundry with rear yard access.

Outside as there is a huge double carport that leads to a fully lined garage which is insulated and disposed as a huge rumpus room, plus a separate teenage retreat with a wall unit air conditioner.

Other features include polished floor boards, ducted evaporative cooling, secure rear yard with garden shed, rainwater tank and the parking in the double length carport is secured with double gates.

This property is situated in a great location, 18 store shopping centre, primary school and sporting amenities are literally around the corner.

Additionally the property has a train line to the city within walking distance on one side and bus service within walking distance the other side.