Unit / Apartment 5 Units (seperate titles) up for sale as 1 allotment - Investors delight yields 8.5% + approx.

Short Overview

Units 1-5 20 Rigney are on the market after 18 years with the current owner. Each unit has it's own title. This is a great opportunity to secure a long lasting investment and with your imagination and with Suttle improvements to the external block of the complex currently sitting on a generous allotment of 933m2, this couple with some internal updates you could potentially gain great capital value with minimal outlay and fuss.

This is a rare opportunity to secure 5 units as 1 bundle with longstanding tenants in all 5 units.
They comprise of 1 generous size bedroom , 1 bathroom and 1 car park. Average rental income is $145 per week and we are putting them on the market at $89k each for a total investment of $445k for all 5.

Ideally located and centrally placed for easy access to the main hub of town, the beach, schools and public transport.

Use your DIY skills, upgrade these units and reap the potential rewards. Or just keep as they are with good long lasting tenants.

For further information contact John Taylor 0434224462 (RLA307639)

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own legal advice.



Relocated to:

 212 Greenhill Rd


Contact Info

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mail:  PO Box 9066, Henley Beach South SA 5022

Phone: 0434 224 462



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