Instant Returns with Plenty of Potential
- 6 Beds
- 2 Baths
Come one, come all and you will find this incredible opportunity to purchase this pair of semi detached homes, both on fixed leases for instant returns. Very rarely does the chance to purchase two adjoining semi's on over 1,000sqms of land with an easement only for Party Wall Rights providing amazing subdivision potential. Diagrams provided as in indication only and will still be subject to Council Consent.
Currently tenanted on a combined fixed lease of $380 per week for instant rental returns!
Built in 1960, both properties are identical in design boasting 3 good sized bedrooms, separate lounge, open plan kitchen and meals area for comfortable living and entertaining. The lounge features a wall unit air conditioner to appeal to a great range of tenants while a separate bathroom toilet and laundry at the rear completes this home.
Developers act fast to secure this great asset for the perfect project, offering instant income and a profitable divine development opportunity.
With 531sqm on land on 8 Daniel and 528sqm on 10 Daniel Street, that's a combined land size of 1,059sqm (approx) on a rectangular allotment with a combined frontage of 23.16m and a depth of 45.72m in length (approx) this is a remarkably rare find. Furthermore, the land is level and ripe for redevelopment (STCC). You can keep the existing duplex for instant rental returns or demolish and redevelop (STCC) the choice is yours.
Please find further information regarding the proposed plan below:
- Residential Zone (Pages 287 - 291)
- Residential Development (Pages 90 - 100)
- Land Division (Pages 58 - 63)
This premier investment opportunity offers unbeatable price, position and potential, ideally located close to the new CBD, Stretton Centre, Elizabeth Shopping Centre, New Tennis Centre and the Sports Precinct for exceptional rental appeal. Such a stand out investment, this home is a developer's dream where you can subdivide and conquer the market or the perfect pick for a landlord's portfolio, primed with possibilities. So do the numbers and put in an offer fast before it's gone forever.
For more information, call Mike Lao now on 0410 390 250.
Council /City of Playford
Built / 1960
Land / 1,058sqm Combined (approx)
Internal / 159.74sqm Combined (approx)
Currently rented at / $195pw for 10 Daniel Street & $185pw for 8 Daniel Street
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.
Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.
Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
- Air Conditioning
- Close To Schools
- Close To Shops
- Close To Transport
- Formal Lounge
- Secure Parking
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