Located in “Cricketer’s Estate” area on the eastern side of Morphett Vale, this comfortable strata title unit is a perfect first home, investment opportunity or next move from a larger property. This unit complex is very neat and tidy showing that the owners and tenants are proud of where they live and care about the appearance of their surroundings.
This unit is located only a few minutes drive from the facilities and services of the Morphett Vale Shopping Precinct along Main South Road and surrounding areas and it is also close to local childcare, kindergartens, schools, recreational facilities and the bus route along States Road.
This unit is leased until early January 2020 for $280 pw (providing an approx. 6.3% pa gross return) and the tenant may want to continue renting the unit should an investor be the Purchaser of this property. The tenant will vacate the property at the end of the lease if the Purchaser wants to move in once settlement has gone through.
The main features of this unit are:-
|R&H Suburb Summary||Houses|
|Number of sales||343|
|Median Rental Price||$330 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||49|
|Median Rental Price||$280 p.w.|
|Change in Rental Rate (5yr)||6 %|