Instant Income Today, Endless Upside Tomorrow: This Strategic Asset Offers the Best of Both Worlds

The Details

Location: Adelaide, SA 

Type: Off Market Residential 

Purchase Price: $520,000

Expected Rent: $490 p/wk 

Rental Yield: 4.90 %

Vacancy Rate: 0.31%

WHY WE LOVE THIS PROPERTY:

Highly sought after and tightly held suburb

Short drive to the beach and close proximity to nearby restaurants, schools and amenities

Brick, low-set home that would make an excellent development site in the future

Located within close proximity to the coast and Adelaide CBD