51/47 Jarvis Road, Elizabeth Vale, SA 5112

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Sold

Sold for $141,000 (Jun 25, 2021)

Terrific Investment Opportunity!

Quality built, solid brick construction and situated in a popular group of units, close to Salisbury Centre, Lyell McEwin Hospital and public transport. These units have historically provided a good and constant source of investment income plus capital gains. Currently tenanted at $220 per week by a tenant who wishes to stay on, this investment represents a positive geared cashflow – even on a 100% borrowing! Some of the other features are as follows:

• 2 Good Sized Bedrooms with Ceiling Fans

• Functional Gas Kitchen with Ample Cupboards

• Large Separate Lounge / Living Room

• Attractive Bathroom, Recently Updated

• Gas Heating and Air Conditioning

• Front Balcony

• Close to Shopping, Parks and Public Transport

An excellent first investment or welcome addition to your portfolio. Please email me with your interest and I will be happy to email you an impressive costs v’s income analysis.

RLA227475

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Real Estate Specialist

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Property Info:
  • Property ID: L9479937
  • Property Type: Unit
  • Garages: 1
We Know Your Area
R&H Suburb Profile: Elizabeth Vale

R&H Suburb Summary Houses
Number of sales 79
Average Price $271,857
Median Price $275,000
Median Rental Price $290 p.w.
Change in Rental Rate (5yr) 9 %
R&H Suburb Summary Units
Number of sales 10
Average Price $646,100
Median Price $141,000
Median Rental Price $236 p.w.
Change in Rental Rate (5yr) 17 %
Elizabeth Vale, SA - Median Trend
$275,000