The Best of Both Worlds of seaside and city
The Details
Location: Adelaide Coast, SA
Type: Off Market Residential
Purchase Price: $550,000
Purchased under market value $35,000-55,000
Expected Rent: $520 p/wk
Rental Yield: 4.92%
Vacancy Rate: 0.31%
Why we love this property
Other Properties in the area, comparable sales $550,000-580,000
Only short drive to the beach and close proximity to nearby restaurants, schools and amenities,
Enjoys the best of both worlds located within proximity to the coast and Adelaide CBD.
Proximity to the coast and affluent coastal suburbs which are currently experiencing strong growth
The property is a brick low set home positioned on a corner which would make an excellent development site in the future (STCA )