The Best of Both Worlds of seaside and city

The Details

Location: Adelaide Coast, SA

Type: Off Market Residential

Purchase Price: $550,000

Purchased under market value $35,000-55,000

Expected Rent: $520 p/wk

Rental Yield: 4.92%

Vacancy Rate: 0.31%

Why we love this property

Other Properties in the area, comparable sales $550,000-580,000

Only short drive to the beach and close proximity to nearby restaurants, schools and amenities,

Enjoys the best of both worlds located within proximity to the coast and Adelaide CBD.

Proximity to the coast and affluent coastal suburbs which are currently experiencing strong growth

The property is a brick low set home positioned on a corner which would make an excellent development site in the future (STCA )