Block of Units for Sale
- About this property
- Explore Morphett Vale
Outstanding Investment OpportunityProperty ID 1540291Quality development comprising 6 as new townhouses offering uncompromising value. Buy as a whole and pay less than capital value. Fully leased with a gross rental income of $89,960 per annum. Enjoy depreciation benefits of approx. $37,800 per annum* Situated close to all amenities in a sought after location. The two storey designs feature 2 double bedrooms upstairs with built in robes and master with balcony and well-appointed main bathroom. Downstairs consists of roomy open plan living, and fully equipped kitchen with stainless steel appliances including 5 burner gas cook top and dishwasher. Plus a conveniently positioned 2nd toilet on the lower level. Reverse cycle air conditioning ensures year round comfort and the low maintenance outdoors includes entertaining area and carport. This quality development is positioned in a highly convenient location close to Southgate Plaza and all the major retail and commercial businesses on South Road. A short walk to the bus, quick access to the Southern Expressway and just minutes to Centro Colonades and the beach.
*Depending on your tax circumstances. Based on BMT tax depreciation schedule for unit 1, diminishing value method for FY 16/17.
For more information, please contact Scott Robinson on 0412 775 449