8/436 Anzac Road

Risdon Park SA 5540

Perfect investment opportunity!Combined rental income of $1,635 per week.This well-positioned property offers a fantastic opportunity for investors, comprising eight units with a strong mix of accommodation.Six of the eight units feature an open-plan layout incorporating the kitchen, dining and living areas, along with reverse-cycle split-system air conditioning, two bedrooms, and a bathroom with a large shower alcove.At the rear of the property is a one-bedroom unit, offering a comfortable lounge area, an upgraded kitchen and dining space, and a renovated bathroom.The remaining rear unit is currently leased to a long-term tenant who has occupied the property for over 12 years. This unit will require renovation and upgrading once it becomes vacant, presenting an excellent opportunity to add further value and increase future rental returns.Whether you're looking to expand your investment portfolio or secure a property with strong income potential and future upside, this is an opportunity not to be missed.Unit 1/436 Anzac Rd, $190 p/w, Lease End: 29/09/2023Unit 2/436 Anzac Rd, $205 p/w ,Lease End 26/05/2027 Unit 4/436 Anzac Rd, $300 p/w, Lease End 21/07/2025Unit 3/436 Anzac Rd $205 p/w, Lease End 30/06/2027Unit 5/436 Anzac Rd, $145 p/w, Lease End 30/11/2017 Unit 6/436 Anzac Rd, $200 p/w, Lease End, 24/02/2023 Unit 7/436 Anzac Rd, $200 p/w, Lease End 23/04/2027Unit 8/436 Anzac Road $190 p/w Periodical leaseApprox Built 1950Council Rates approx. $8,440.00 per annumRLA 172 571Property Code: 4493