1-3/2 Sampson Court, Mitchell Park
Contact for price- Bedrooms: 2
- Bathrooms: 1
- Property type: Block Of Units
- Car Spaces: 1
- Land size: 861 sq metres
- Listing type: Sold!
Cash Cow Investment - A Group of 3 Units - Over 7% Return
Back to the Market Due to Contract Fell Through.
Situated on some 861sqm (approx.), this is your chance to secure this high return no strata fee, block of three units. Built in 1974, these solid brick units demand some of the highest rental yields for the entire suburb, each three units are currently leased on fixed terms, yielding a HUGE $56,420.00 per annum with up to 7.0% ROI.
Features include:
- Each unit comprises of two spacious bedrooms
- Split system air conditioning
- Under cover car park for each unit including two visitor parking
- Beautifully landscaped and very easy to maintain
- Fully open plan living/dining and kitchen areas
- Quietly tucked away in a cul-de-sac court
- Automatic security shutters
- Under one title means NO strata fee
- Plus much more!
Within very close proximity to Clovelly Park primary, Hamilton Secondary College, Mitchell Park Reserve, Flinders University, Marion Shopping Precinct and all key amenities, Mitchell Park train stop just a 5 minute stroll and 20 minute drive into the Adelaide CBD or short train ride. Location that accommodates to all lifestyles from students to young professionals working within the CBD.
In an addition to the outstanding rental return and locale, each unit is being sold fully equipped with freestanding furniture, utensils, televisions, microwaves, pots and pans, machine washers, fridges and everything else between. Only a small handful of items are not included, please approach our agents for further details.
*Disclaimer: All photos and floor plans used are for illustration purposes only. All measurements are approximate and details intended to be relied upon should be independently verified.
RLA 217293