5 Phillip Avenue, Morphett Vale, SA 5162
Sold: $230,000 (07-31-2008)- hotel 3
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This is a perfect example of why property is such a great investment.
This honest home offers a rental yield of about 5.25%, coupled with future long-term capital growth, making it a great opportunity. With ready made tenants, the current owners are looking to rent back the property on a long-term lease.
Offering three bedrooms and a centrally located bathroom, the home's good-sized lounge room, kitchen and meals area provides comfortable living space. Complete with ducted evaporative airconditioning and a wall mounted gas heater, upgraded carport & rear verandah.
The back yard features a detached rumpus room/retreat, a paved area around above-ground swimming pool which has a complying safety fence around it and plenty of lawn area.
Ideally situated near local shopping centres, schools, parks and major bus routes, the home is the perfect investment package.
This investment opportunity will return positive yields for you immediately whilst giving you the opportunity to add your touches now or over time.
Call Scott on 8179 4700 or 0412 818 959 to organise your private inspection.