54 Hill Street, MURRAY BRIDGE, South Australia, 5253

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For sale

$795,000

Residential Investment

This residential investment consists of 6 quality solid brick units including two 2 bedroom units and 4 one bedroom units. Located close to the township making these units highly desirable for tenants. Currently all 6 units are leased* with a gross return of $53,040 per annum. Each unit has a single carport at the rear and the land comprises of approx 2,700 sqm together with low maintenance gardens and surrounds. This is an ideal investment for any astute investor looking to enter the real estate market in Murray Bridge.

*Correct at time of listing being 13/11/2018

Property Info:

  • Property ID: 19961382
  • Property Type: BlockOfUnits
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Murray Bridge

R&H Suburb Summary Houses
Number of sales 192
Average Price $225,772
Median Price $230,000
Median Rental Price $255 p.w.
Change in Rental Rate (5yr) 4 %
R&H Suburb Summary Units
Number of sales 6
Average Price $155,583
Median Price $175,000
Median Rental Price $190 p.w.
Change in Rental Rate (5yr) -5 %
Murray Bridge, SA - Median Trend