Sold

5/9 Edison Road,
Bedford Park 5042, South Australia

2 bedrooms
1 bathroom
1 car space
59m² land size
Unit

$350,000


Property details

Ideal location, perfect investment

The astute investor will recognise the fantastic opportunity to secure this exceptional tenanted unit in the ever-popular Bedford Park, which is brilliantly located on the city fringe and is returning a substantial rental of $375 per week.

Nicely positioned well back from the road in a group of six, this strata-titled first-floor unit will suit those looking for a prime-located, secure and low-maintenance property.

With timber-look vinyl flooring throughout, the open-plan lounge/ kitchen has an electric cooktop, oven, plenty of bench space, and overhead cupboards.

The unit offers front and rear balcony views, wall shelving, and reverse-cycle split system air conditioning. There's undercover parking for one car at the rear of the property.

The main bedroom at the front of the unit has a built-in robe, and a good-sized second bedroom is perfect for a children's/ guest room or study.

It is a 15-minute drive to the Adelaide city centre and close to facilities and public transport.

The property is within easy walking distance to Flinders University, the Tonsley redevelopment area, the new South Road Development and integrated public transport facilities.

Just down the road from Burnbank Playground Reserve and convenient to excellent shopping facilities at Marion and Pasadena.

The sale of this unit represents an outstanding opportunity to purchase a very well-located investment property.


What makes this property special?

• Excellent rental return
• Tenanted until mid-Feb 2025
• Built-in robe in the main bedroom
• Two good-sized bedrooms
• An open-plan living/ kitchen/ dining area
• A large bathroom/laundry
• Undercover car space
• Reverse-cycle split system air conditioning
• Convenient for public transport

Specifications:

CT | 5039/925
Built | 1971
Zoning | Urban Renewal Neighbourhood
Council Area | Mitcham
Council Rates | $1,383.75 p/a approx.
Emergency Services Levy | $89.05 p/a approx.
SA Water Supply | $78.60 p/q approx.
SA Water sewer | $86.95 p/q approx.
Strata Plan | 2318
Strata Manager | Strata Data
Strata Fees | $549.71 p/q approx.


You must not rely on information in this publication. Always seek independent advice.

Explore the area


School catchments

  • St Bernadette's School Primary R-6 Catholic 1.3km
  • Sunrise Christian School Marion Combined R-9 Independent 1.7km
  • Eden Hills Primary School Primary R-6 Government 1.9km
  • Clovelly Park Primary School Primary R-6 Government 2.0km
  • Bellevue Heights Primary School Primary R-6 Government 2.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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