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  • 61/47 Jarvis Road, ELIZABETH VALE, SA 5112

61/47 Jarvis Road, Elizabeth Vale, SA 5112

  • 2 Bed
  • 1 Bath
  • 1garages

Sold

Sold for $200,000 (Oct 04, 2022)

10% Plus returns. The Best Units In The Complex Facing The Park

The Best Units In The Complex Facing The Park Calling all investors, downsizer's and people trying to get into the market. Unit 61/47 Jarvis Road, ELIZABETH VALE are on the market for the first time in over twenty years! Held tightly by a local savvy investor, it's that time in life where he is selling up, and you now can add these to your portfolio. Currently rented for another year at $230pw, these properties are showing great returns for minimum investment. These are two bullet proof units, tucked away nicely at the back of a large group. However you wouldn't even know as you or your tenants face the stunning parklands located at the rear, with kilometres of walking trails and dog parks. With Elizabeth Vale neighbouring Salisbury, and being only a five minute drive to Parabanks Shopping Centre, and even closer to pubic transport, you will always attract tenants, and I have no doubt we can even put the rent up another $50 per week after this tenancy has finished to the high 200's making this a wonder set and forget property. Elizabeth Vale is going through massive changes with millions of dollars of investment happening. With the new hospital and shops, this is even more reason to invest here. Opportunity is knocking! A one off purchase can bring you over $460 a week in returns. Where else can you find gains like this. I look forward in speaking to you soon.

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avatar Trinity McNamara
Trinity McNamara
Principal

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Property Info:
  • Property ID: L19412809
  • Property Type:Unit
  • Garages:1

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R&H Suburb Profile: Elizabeth Vale
R&H Suburb SummaryHouses
Number of sales67
Average Price$459,441
Median Price$450,000
Median Rental Price$445 p.w.
Change in Rental Rate (5yr)70 %
R&H Suburb SummaryUnits
Number of sales10
Average Price$214,950
Median Price$227,500
Median Rental Price$350 p.w.
Change in Rental Rate (5yr)64 %
Median Trend - $450,000

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