Perfect First Home or Investment Opportunity

This updated retro style 2-bedroom unit is the perfect first home or investment opportunity. It is currently vacant but has a strong rental history of between $300-$350/week. This represents a potential rental yield of approximately 5%, an attractive return for a savvy investor.

Positioned in the highly sought after area of Kurralta Park, this property brings together location, convenience, security and easy living.

Situated on the 2nd floor, the entrance opens to the delightful and sizeable front balcony, over looking Selby St which enjoys the north westerly sunlight. This balcony is the perfect space for entertaining friends or reading your favourite book with a glass of wine in hand.

Be inspired by this unique loft apartment nestled on the edge of the City fringe. Featuring approximately four metre tall raked ceilings and an abundance of natural light, this 2 bedroom apartment is spacious, breezy and stylish — a rare find with apartment living.

Stepping inside reveals a substantial open plan living space, with adjoining dining nook and kitchen with gas stove, and plenty of storage, including a built-in wardrobe in the master bedroom.

The bathroom has a separate bath and shower, vanity basin with drawer unit and cupboard, illuminated make-up mirror, and a space (with existing plumbing) for a washing machine, with large storage cupboards in an adjacent area.

This home offers a wonderful lifestyle and opportunity for a first homebuyer, corporate couple or an investor. It could also be very suitable for parents looking for safe, secure and convenient accommodation for a student son or daughter.

Positioned perfectly facing Selby Street (off Anzac Hwy) with peace and privacy, this attractive loft apartment instantly invites you to call it home.

Features:
– Fresh, bright, light filled loft style apartment
– Master with built in wardrobe
– Large open kitchen/dining/lounge area
– Full bathroom & laundry with shower, bath and vanity basin
– High raked ceilings
– Set at the quieter back of the block (not facing Anzac highway)
– New carpets in living area and bedrooms
– Reverse cycle air conditioning/heating
– Electric hot water system
– Large secure and private balcony
– CCTV security on grounds (safe and secure)
– Off street car parking
– Renting return approximately $310-$340pw

Location:
– Ultimate convenient location and transport options
– apx 5 minutes to the CBD
– apx 10 minutes to the beach
– apx minute walk to Kurralta Central (Kmart, Coles, Cibo, pharmacy, GP)
– Public transport easily accessible with buses on your doorstep and nearby trams to
City, beachside, suburbs and hotspots.
– Easy commute to UniSA, Adelaide Uni & TAFE, public & private schools.
– Close to shops, hospital, medical facilities, cafés
– Easy commute for cyclists

Council Rates $956 pa apx
Water and sewer rates $235 pq apx
Emergency levy $85 pa apx
Strata $583 pq apx

Property ID: 1104544