86/144 Main South Road

Hackham SA 5163

Secure, Low Maintenance Investment OpportunityTucked away behind secure gates within a well kept group, the property offers an affordable entry point into Adelaide's southern property market. For investors, it's a low maintenance asset with strong rental demand today, and for those planning ahead, it's a comfortable home base to enjoy in retirement.Originally a retirement village, the complex now consists of Community Title units all privately owned. All tenants must be over the age of 55 attracting respectful long-term tenants who value peace and security. Currently managed by the reputable Eureka Villages with a secure tenant in place at $340 per week ($17,680 per annum) - That's an approximate gross yield of 6.5 - 6.9%! A safe a secure investment property at add to your portfolio!The home's layout is practical and inviting, with a spacious open plan living and dining area that flows seamlessly to the galley kitchen with ample storage and bench space. It's functional for tenants yet offers plenty of scope for a simple modern upgrade down the track to add instant value.The bedroom is great size complete with built in robes, ceiling fan and direct access to the private courtyard with a feature moss rock wall, established gardens and wall and a handy garden shed. A wonderful spot for a morning coffee and creating your own peaceful retreat. The ensuite is neat and tidy complete with laundry facilities storage and laundry facilities. If required, undercover car parks safely behind the security gates may also leased from $5 per week when available.Location is one of Hackam's strongest drawcards. With Colonnades Shopping Centre, Noarlunga precinct, and southern beaches just minutes away, the property is well connected to both amenities and leisure. Public transport and the Southern Expressway make commuting straightforward, while the McLaren Vale wine region is close enough for weekend escapes.Hackam continues to offer strong rental demand thanks to its affordability and proximity to key hubs. The property's low maintenance design ensures minimal upkeep, while the potential for value adding upgrades provides a clear pathway to capital growth.Secure it now as a reliable rental property, and when the time is right, transition seamlessly into a comfortable, well located home that supports the retirement lifestyle you've been planning for.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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.