8 Brooklyn Avenue, Salisbury, SA 5108
Sold: $245,000 (06-27-2014)- hotel 3
- hot_tub 2
- directions_car 3
This property is perfectly suited to investors looking for positive returns. The property has 2 leases in place, both of which are periodic. The house is rented at $205 a week, and the granny flat is rented at $110 a week, so as a whole the property is returning $315 a week, resulting in a POSITIVE CASH FLOW PROPERTY.
There is also genuine development potential with 742sqm(approx) of land and a 20m(approx) frontage providing the perfect base to create some instant wealth through subdividing and building (stcc).
All in all, this is a rare POSITIVE CASH FLOW OPPORTUNITY ready and waiting for you to reap the rewards.
Call us for more details and to arrange an inspection.
NOTE: Some photos are presented with "virtual furniture", to give an impression of the property using modern furnishings.