17/132 Conyngham Street

Glenunga SA 5064

Fantastic opportunity to secure 8 x ground floor studio units with 8 carparks, all on the one title. Each of these units have been completely renovated throughout and located in upmarket Glenunga, this investment represents an extremely healthy return.

The units have been cleared out for total refurbishment and only one has been released for rent at $375 per week. If you rented out all 8 at this rate, it would give you a healthy $3,000.00 per week income representing great value.

These units are very appealing to the university students, and alternatively the young or old who are seeking more affordable living. Each unit is self-contained and comes with a car park. These 8 units are all located on the ground floor and all 8 carparks are at the front of the property in the best and more convenient location. There is also a communal utilities room/laundry at the end of the building which belongs to and is for the exclusive use of this title. This block is on high security with a large electric gated entry.