NEWLY RENOVATED RESIDENTIAL OFF MARKET ACQUISITION

The Details

Location: Adelaide, SA

Type: Off Market Residential

Purchase Price: $530,000

Expected Rent: $560

Rental Yield: 5.5%

Vacancy Rate: 0.1% (lower than Adelaide’s vacancy rate of 0.3%)

Generous 675sqm block attracting a diverse range of tenants

Extensive renovations without needing to input any extra capital

Perfect balance of lifestyle with near immediate access to beach and local shops

Secured under asking price off market through good relationships with local agent