$ 1,050,000.00
67 Bosanquet Avenue Prospect SA 5082
$1,050,000
Here is a rare opportunity indeed. One of the last tightly held blocks of units in Prospect now for sale. Get in before Labour does and changes the negative gearing rules. Superb individual or Superfund investment with the potential (subject to Council Consent) to separately title at your own convenience. Comprising two ground floor and two upstairs units of which 3 are tenanted. Unit one, two and three have been renovated to a very good standard whilst unit 4 is original but very neat and tidy. The whole property is in excellent condition with carports for each unit. The leases for units 1, 3 and 4 are all up for renewal in July where rent increases would be justified. Rents are as follows; Unit 1 - $250/ week, Unit 3 - $250/ week, Unit 4 - $200/ week, Unit 2 is owner occupied. This is truly an exceptional opportunity providing either a negative gearing or cash flow positive investment opportunity. Ideally located in leafy Bosanquet Avenue, in the very heart of the go to inner city suburb of Prospect, it’s worth repeating that this is a superb investment opportunity.
