Established rental with a 8.45% gross return

Property Description

307/235-27 Pirie Street Adelaide $240,000

This two bedroom apartment is centrally located within a short walk of Adelaide University and Rundle Mall, if you desire an established central investment property in the lower price range that you watch grow over time you should consider this property. Current tenant is paying $390 per week until 1/2/2018 however the tenant has suggested they are willing to extend past this date.

Both bedrooms have balcony access
Gas cooking
Wired internet and Foxtel access in the bedrooms
Ducted reverse cycle air conditioning
Ducted kitchen exhaust
Video intercom to front entrance
Built: Late 2010