5/515A Main North Road, Elizabeth, SA 5112

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Sold for $125,000 (Nov 16, 2020)

A Terrific Investment Opportunity

These Solid Built home units have been recently refurbished and are popular low maintenance living for individuals, couples or small families. Ideally located in a safe and secure gated community and walking distance to Elizabeth City Centre Shopping Centre, public transport, parks and gardens and all other local amenities sought by tenants. Some of the many features great include:

• 2 Good Sized Bedrooms – Both with Built In Robes

• Separate Entry Hallway

• Spacious Lounge / Living Room

• Modern Kitchen with Underbench Oven, Rangehood and Ample Cupboards

• Functional Modern Bathroom and Laundry

• Tiled Private Balcony Area

• Single, Separate Lockup Garage with Rollerdoor

• Secure Gated Group with Coded Access Security Gates

Currently tenanted to a long term tenant at $205.00 per week, this excellent investment represents a positive geared cash flow. This means all your ongoing costs (including interest on a mortgage of 100% if required) are covered by the rental income with a likely financial year profit! As well as this you can enjoy the further investment return of Capital Gain. It costs nothing to buy or hold and in years to come is a welcome addition to your superannuation! An ideal first property investment or add to your existing investment portfolio. Call me today to arrange an inspection.

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Principal & Sales Manager

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Property Info:
  • Property ID: L2986425
  • Property Type: House
  • Garages: 1