Property ID: 17646717
This well maintained and very neatly presented 2 bedroom unit is located close to Junk Food Corner, two local Primary Schools, the Southgate Plaza Shopping Centre and a vast range of variety/specialty shops and food outlets and all the main bus routes.
Built in 1985 of brick veneer construction, this 2 bedroom and 1 bathroom unit has security doors on the front and back doors, carpets throughout, a large open lounge, a dining area with a reverse cycle air-conditioner, a large main bedroom with a built-in robe, a good size second bedroom and a separate toilet and laundry.
The carport is directly adjacent to the unit with gates for security and there is also a toolshed and fruit trees in the large rear yard (which most units just do not have!).
This attractive unit will provide a solid entry point into the investment property market or an addition to an established investment property portfolio with the current tenant holding a fixed term lease until early July 2018 and providing a current rental return of $275pw (6.65%pa gross yield).
Raine & Horne Blackwood RLA44686
Learn more about Morphett Vale
|R&H Suburb SummaryHouses|
|Number of sales||448|
|Median Rental Price||$310 p.w.|
|Change in Rental Rate (5yr)||6 %|
|R&H Suburb SummaryUnits|
|Number of sales||98|
|Median Rental Price||$270 p.w.|
|Change in Rental Rate (5yr)||8 %|