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1-4 / 57 Russell Terrace, Woodville Park SA 5011

$1,395,000 - $1,495,000

  • 650m2
  • 8
  • 4
  • 4

Prime Investment Opportunity: 4 Tenanted Units on One Title!

Embrace the opportunity to secure prime real estate in a highly sought-after suburb in Woodville Park, to be sold as a whole offering a range of attractive options to savvy investors. Introducing an exclusive investment offering – a block of 4 units, all consolidated under one title, resting on a spacious 650sqm corner allotment (approximate) with the possibility for future development (STCC).

Impeccably maintained and primed for immediate returns, currently all 4 units are leased on a periodic basis, providing instant income for astute investors. With established rental returns and the promise of future land value appreciation, this investment promises both stability and substantial growth potential.

This turnkey investment offers significant earning potential as higher rents can easily be achieved. With minimal effort required, it presents an ideal opportunity for savvy investors.

Features of the units include:
- Two good sized bedrooms
- Kitchen with ample cupboard space
- Separate light filled living/dining room
- Neat and tidy bathroom with shower and laundry space
- Units 3 and 4 complete with air conditioning
- Undercover carport allocated to each unit
- No STRATA applicable
- 650sqm (approximate) corner allotment with the possibility for future development (STCC)

Currently, the units are leased periodically as follows:
Unit 1: $300.00 per week
Unit 2: $275.00 per week
Unit 3: $300.00 per week
Unit 4: $300.00 per week

Located minutes away from all the shopping and entertainment that Arndale Shopping Centre has to offer. Within short drive to St Clair Recreation Centre and Reserve. Additionally in close proximity to a variety of excellent public and private schools, including Whitefriars Catholic School, Kilkenny Primary School, Woodville Primary School and Nazareth College.

Please note: Internal photos and floor plans are of unit 1 and 2.

All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

RLA 313174

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