26 Marleston Avenue, ASHFORD

Beds 20
Baths 10
Cars 10
Area 1156 m2
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A Very Rare and Unique Opportunity

Where can you find a fully let complex of 10 quality apartments all on one title within 2.5kms of Adelaides G.P.O.

Built in the 1970s and offering an amazing return for a RESIDENTIAL INVESTMENT.

Comprising 2 master units at the front, one with a 2 story plan and lock up garage, plus 8 fully let standard units all with 2 bedrooms, a separate kitchen and good size living space.

The master apartment is breathtaking with its elegant decor and appointments. You can live on site and self-manage your investment.

The nine occupied units have a GROSS ANNUAL INCOME of $112,000. The master unit could command another $18,000. Outgoings are very modest.

Cash returns are very low in our low interest rate environment. This may be an alternative for your self managed super fund (subject to appropriate independent advice).

Call today. Inspections strictly by appointment (no open inspections).

Contact Agent

John Laycock
John Laycock

Salesperson

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