G5/252 Flinders Street, Adelaide$525,000~$540,000
- Bedrooms: 3
- Bathrooms: 2
- Property type: Apartment
- Listing type: For Sale
2 Apartments in one title, DOUBLE your Rental Income! Brilliant opportunity for an investor or owner occupier. Approximately 8% Gross Return!
2 Apartments in one title, DOUBLE your Rental Income!
Brilliant opportunity for an investor or owner occupier.
Approximately 8% Gross Return!
G5/252 FLINDERS STREET, ADELAIDE
(DUAL APT G5A & G5B)
Two highly secured, ground-level twin apartments are now available!
The Fully furnished, low-maintenance apartments are both under one land title, providing you with the opportunity to double your rental income with minimal risk.
Dual apartments are very rare and amazing opportunities.
This flexibility allows the owner to rent out two apartments, with a gross return of approximately 8%.
(Note: The current owner is successfully covering all expenses, interest and principal repayments from their rental income.)
Additionally this unique, 2 apartment setup, may allow an owner to occupy one dwelling while earning income from the other, or rent out both, achieving DOUBLE rental income and a greater return than an equivalent single-occupancy apartment.
Located in the heart of the city, close to trendy cafe's, parks, Adelaide university, shopping, entertainment and only few minutes-walk to East-end precinct.
For investors, this apartment provides substantial depreciation benefits given that it was only built 3 or 4 years ago and is still currently owned by the original owner.
INVESTMENT RETURN OF APPROX 8% GROSS RETURN.
2 Bedrooms with built in robes
Kitchen with dishwasher
Tenanted @ $425.00 per week
1 Bedroom with built in robes
Kitchen with dishwasher
Tenanted @ $330.00 per week
Building Facilities include a courtyard and a rooftop outdoor entertainment area, with overall low strata fees.
In addition, note that the furniture was purchased brand new and will be included with the above sale price.
Call Richard 0433 519 023 or Felix 0405 217 880 today to book your inspection!
THANK YOU WILLIAM!
I would like to thank William on his hard work and professionalism in the sale of my home. William was always polite and respectful in dealing with my wife and I and gave us honest and valuable advice where needed. He worked tirelessly from morning til late at night and went above and beyond to make a stressful time in a our lives easy. I would highly recommend William to anyone selling their home.
Great Agent - Aditya
Thanks, Aditya for making the sale of our first home a success.
I would like to commend the exceptional, professional services delivered by Aditya Singh of DG Real estate. This was the first time I was selling a property. I was a bit concern about the selling process, however, all the process went smoothly with Aditya's coordinated planning. Aditya was the perfect choice of agent__honest, committed and always available. He did an outstanding job throughout the process. His Knowledge of property value, home staging, and internet marketing are unsurpassed.
Thank you, Richard
My family and I would like to thank Richard for his excellent professionalism to sell our properties in Adelaide. We had no experience to sell a property before and had no idea what we had to do and how to do, more importantly, we are living in another city, thousands miles away from Adelaide. We must need a trust worthy person to have everything done properly for us. A close friend recommended Richard from DG real estate to us. Richard had sold his home a few months ago with an excellent outcome of price and service. We had a phone talk with Richard. We instantly liked him because of his knowledge and experience in the Adelaide real estate market, and also he understood our difficulties and concerns in our case. The property was finally only on the market for three weeks and sold before auction. Richard also helped us to finalize almost everything for the smooth settlement of the property. It’s our luck to utilise Richard’s service. So we are more than happy to recommend Richard to all of our friends when they sell their properties in Adelaide.
- Bob & Tina
Thank you so so much!
Richard negotiated a sale price that exceeded expectations and after only one weekend on the market. Richard worked to accommodate my personal circumstances and when I was unsure about how to proceed, Richard listened to my concerns and was very patient, helpful and kind. I am really happy I sold with Richard Chiu at DG Real Estate.