1-4/24 Ina Way Ottoway, SA 5013

*All units to be sold as a whole*

Being offered as a whole on one generous Torrens titled allotment of 850m², this appealing group of solid brick unit is presents a rare and desirable investment opportunity.

With an appealing track record of high occupancy and generous rental returns, the units will provide a steady, regular income for the astute investor, while also offering the potential to redevelop and sell individually in the future (STCC).

Each unit comprises 2 spacious bedrooms, open plan living/dining room, galley kitchen plus separate bathroom and laundry. All the units well maintained and are being offered with the existing tenants leases in place.

The generous landholding of 850m² will add value and future capital growth, enhancing the future redevelopment potential and current rent ability of this valuable offering.

Spacious rear courtyards, and a dedicated single carport space, add to the appeal for future prospective tenants.
A rare release investment opportunity, and well worth your further perusal.

Briefly:
* Rare release investment opportunity of 4 solid brick units
* Sited on a single Torrens titled allotment
* Allotment size of 850m²
* Currently rented to reliable long-term tenants
* Ideal regular income stream with low maintenance upkeep
* Quality solid brick construction
* Potential to redevelop and sell individually in the future (STCC)
Each unit comprises:
* 2 spacious bedrooms
* Open plan living/dining
* Galley kitchen with modern appliances
* Bathroom with bath and shower
* Separate laundry with exterior access
* Spacious fenced rear courtyard
* Single carport space

Close proximity to West Lakes boating and international standard shopping & entertainment, the Port River and the Semaphore Beach lifestyle precinct will certainly attract your future tenants. Eastern Parade Reserve Oval and playground is just down the road along with the Port Adelaide Athletics Club.

Local available primary schools include Pennington School R-7, Alberton Primary School, Woodville Gardens School B-7 & Challa Gardens Primary. Woodville High School is the zoned secondary school. Quality private education in the local area can be found at Mount Carmel College, St Joseph School, St Patrick's, Courtside Christian School and Whitefriars School.

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | Port Adelaide Enfield
Zone | General Neighbourhood
Land | 850sqm(Approx.)
Built | 1976
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

RLA 278530