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50 Marden Road, Marden SA 5070

Sold for $830,000 on 25 February 2019

  • 2
  • 1
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Multiple Income Producing Investment in Great Location

Astute investors take note - a rare opportunity is on offer to secure 4 properties on 1 Title! Three 2 bedroom self-contained units and one 3 bedroom self-contained unit with a spacious rear yard provide an outstanding investment opportunity. Set on a large 900sqm (approximate) block with a wide 17.3m (approximate) frontage), these low maintenance, single storey units in a neat and tidy double brick complex are located a short walk to all amenities at Marden Shopping Complex.

Features that make Units 1, 2 and 3 special:
- Two good sized bedrooms
- Light filled open plan lounge
- Neat and tidy kitchen
- Dining area adjacent kitchen
- Updated bathroom with separate bath and shower
- Separate laundry
- Ducted reverse cycle air conditioning to Units 2 and 3
- Split system reverse cycle air conditioning to Unit 1
- Undercover allocated carport for each unit
- Units 1, 2 and 3 currently tenanted for $520 - $550 per fortnight

Features that make Unit 4 special:
- Three good sized bedrooms
- Spacious lounge
- Large kitchen with ample bench and cupboard space
- Dining area adjacent kitchen
- Main bathroom with separate bath and shower + toilet
- Second bathroom with shower + toilet
- Separate laundry
- Spacious rear yard
- Undercover allocated carport
- Rental appraisal of $300 - $315 per week
- Ready to move in or rent out from 15/2/19

Perfectly located with beautiful Linear Park nearby and the MARS Sporting Complex. You are spoilt for choice with nearby Walkerville, Marden and St Peters shopping precincts. Public transport is easily accessible with The O-Bahn close by. All this and 5km (approximately) to the Adelaide CBD.

Act now - this rare find won't last long!

For further information please contact Warwick Haseloff on 0499 111 996 or 8269 7711 (office).

RLA 200591

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) at our office located at 87 North East Road, Collinswood for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.