SIX FLATS ON TWO TITLES - ALL CURRENTLY TENANTED!

GROUP OF SIX STONE FLATS IN GOOD RESIDENTIAL AREA, WALKING DISTANCE TO THE MAIN STREET, AND ON TWO CERTIFICATE OF TITLES.
EACH FLAT CONSISTS OF:-
• OPEN LIVING LOUNGE, DINING & KITCHEN WITH ELECTRIC STOVE
• BEDROOM WITH BUILTIN WARDROBE
• BATHROOM WITH SHOWER, TOILET AND BASIN
• SHARED LAUNDRY FOR EACH SET OF TWO FLATS
• CARPORT FOR EACH FLAT
• AT FULL OCCUPANCY, IT WILL REALISE $435.00 PER WEEK, OR $22620.00 PER ANNUM.
• GREAT OPPORTUNITY FOR THE INVESTOR
• LANDSCAPED GROUNDS

Flat 1 – leased on periodic tenancy agreement at $65.00 per week. Tenancy commenced 14th January 2005.
Flat 2 – leased on periodic tenancy agreement at $60.00 per week. Tenancy commenced 5th September 1996.
Flat 3 – Vacant, tenant has only just vacated, advertised again at $80p.w.
Flat 4 – leased on fixed term lease agreement at $80.00 per week. Tenancy commenced 20th September 2010, and expires 19th March 2011.
Flat 5 – Leased at $80 per week, on 12 month agreement commencing 1/6/11
Flat 6 – Leased at $80 per week
OUTGOINGS
Council Rates
$2605.50 per annum

SA Water Rates
• Water supply charge $35.60 per quarter
• Sewerage supply charge $82.12 per quarter
• Save the River Murray Levy $9.00 per quarter
= approx $520.00 per annum Plus Water consumption

Gardening
$40.00 per month (approx) – J Skeer

Property ID: 1268618