BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:A $180K PA Income Investment in the Heart of Hyde Park!\nOPEN F OR INSPECTION: Saturday the 14th of November at 4.00pm - 4.30pm\n\n*For an in-depth look at this home\, please click on the 3D tour for a virtual wa lk-through or copy and paste this link into your browser*\nVirtual Tour Li nk: https://shorturl.at/fsMBl\n\nAuction Wednesday the 2nd of December\, o nsite at 6:30pm (Unless Sold Prior)\nProperty must be Sold\, Under Vendor instructions the property is being offered with no Price Guide. A list of relevant Sales and a copy of the Certificate of Title is accessible in the following link: https://vltre.co/RiwNy3\n\nTo submit an offer\, please co py and paste this link into your browser: https://www.edgerealty.com.au/bu ying/make-an-offer/\n\nAttention all investors! Mike Lao\, Tyson Bennett a nd Edge Realty RLA256385 are proud to present to the market an exceptional blue chip high yield investment opportunity comprising eight one-bedroom units on a substantial 751sqm (approx) single Torrens Titled allotment\, p ositioned along a picturesque tree-lined street in the prestigious city fr inge suburb of Hyde Park.\n\nRarely\, will you find an investment opportun ity with such a sizeable secure\, multiple income stream of approximately $182\,260 per annum netting approximately 6% gross yields. Why buy a risky commercial property with an uncertain economic outlook\, when you can sec ure this recession proof\, risk free investment with rising rents and reco rd low vacancy rates.\n\nOffering investors the security of diversified re ntal income across eight individual residences\, the current rental schedu le is as follows:\n\nUnit 1: Vacant for marketing purposes - Estimated ren tal income $440 per week\nUnit 2: Weekly rental income $440pw until 26/6/2 7\nUnit 3: Weekly rental income $425pw until 12/5/27\nUnit 4: Weekly renta l income $400pw until 18/2/27 - Lease renewal offered at $440 pw\nUnit 5: Weekly rental income $400pw until 18/2/27 - Lease renewal offered at $440 pw\nUnit 6: Weekly rental income $440pw until 30/10/27\nUnit 7: Weekly ren tal income $400pw until 18/2/27\, increasing to $440 pw til 18/2/28\nUnit 8: Weekly rental income $440pw until 19/6/27\nCurrent Rental Income (if fu lly leased) - $176\,020 pa\nAnnual Rental Income after February 2027 - $18 2\,260 once leases are renewed\n\nAt full occupancy\, the property has the potential to generate an impressive $176\,020 (approx) in gross annual re ntal income\, equivalent to $3\,385 per week or $14\,668 per month (approx )\, rising to $182\,260pa gross income after February 2027. \nFurthermore\ , there is an outstanding opportunity to optimise the existing rental retu rns through further renovation and rejuvenation to realise the investment' s fullest income earning potential - the option is yours!\n\nSitting on an impressive 751sqm easement free allotment with 18.29m frontage and 41.1m depth\, this substantial landholding offers investors the perfect combinat ion of multiple income streams\, strong rental demand and long-term capita l growth potential\, all within minutes of the Adelaide CBD.\n\nThe locati on is undoubtedly one of the property's greatest assets. Nestled in the he art of Hyde Park\, residents can stroll to the vibrant shopping\, dining a nd cafe precincts along Unley Road and King William Road\, where boutique retailers\, acclaimed restaurants and charming local cafes create an envia ble cosmopolitan lifestyle. The leafy surrounds of Heywood Park offer a pe aceful escape\, while Unley Shopping Centre and Mitcham Square Shopping Ce ntre provide excellent everyday convenience. Families will appreciate prox imity to prestigious schools including Walford Anglican School for Girls a nd Scotch College\, with the property also zoned for Unley Primary School and Unley High School. Local bus services are within walking distance\, wh ile the Adelaide CBD is less than 10 minutes away by car\, placing Adelaid e Central Market\, Chinatown\, the University of Adelaide and the beautifu l Adelaide Park Lands within easy reach.\n\nOpportunities like this to acq uire an entire block of 8 units in one of Adelaide's most desirable inner southern suburbs are exceptionally rare. Combining substantial rental inco me\, multiple tenancies and a prized Hyde Park address\, you can secure yo ur financial future today with a high yielding growth asset providing reli able retirement income for the rest of your life! This is an opportunity n ot to be missed!\n\nCall Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!\n\nYear Built / 1964 (approx)\nLand Size / 751sqm (ap prox - sourced from Land Services SA)\nFrontage / 18.29m (approx)\nZoning / EN - Established Neighbourhood\nLocal Council / City of Unley \nCouncil Rates / $1\,082pa per unit (approx)\nWater Rates (excluding Usage) / $902. 42pa (approx)\nEs Levy / $367.50pa (approx)\nTitle / Torrens Title 5666/49 8\nEasement(s) / Nil\nEncumbrance(s) / Nil \nInternal Living / 276sqm (app rox)\nTotal Building / 304sqm (approx)\nConstruction / Solid Brick \nGas / Not Connected \nSewerage / Mains \n\nIf this property is to be sold via A uction\, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street\, Salisbur y for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of th e Contract of Sale prior to the Auction.\n\nDisclaimer: We have obtained a ll information in this document from sources we believe to be reliable\; H owever we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissio ns. Prospective Purchasers are advised to carry out their own investigatio ns. All inclusions and exclusions must be confirmed in the Contract of Sal e. DTEND:20261202T193000 DTSTAMP:20261111T075854Z DTSTART:20261202T183000 LOCATION:1-8/38 Fashoda Street\, Hyde Park SA SEQUENCE:0 SUMMARY:Auction: 1-8/38 Fashoda Street\, Hyde Park SA UID:CRE-2021320916-Auction X-ALT-DESC;FMTTYPE=text/html:

A $180K PA Income Investment in the H eart of Hyde Park!
OPEN FOR INSPECTION: Saturday the 14th of Novembe r at 4.00pm - 4.30pm\n
\n
*For an in-depth look at this home\, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*\n
Virtual Tour Link: https://shorturl.a t/fsMBl\n
\n
Auction Wednesday the 2nd of December\, onsite at 6:30pm (Unless Sold Prior)\n
Property must be Sold\, Under Vendor i nstructions the property is being offered with no Price Guide. A list of r elevant Sales and a copy of the Certificate of Title is accessible in the following link: https://vltre.co/RiwNy3\n
\n
To submit an offe r\, please copy and paste this link into your browser: https://www.edgerea lty.com.au/buying/make-an-offer/\n
\n
Attention all investors! Mike Lao\, Tyson Bennett and Edge Realty RLA256385 are proud to present t o the market an exceptional blue chip high yield investment opportunity co mprising eight one-bedroom units on a substantial 751sqm (approx) single T orrens Titled allotment\, positioned along a picturesque tree-lined street in the prestigious city fringe suburb of Hyde Park.\n
\n
Rare ly\, will you find an investment opportunity with such a sizeable secure\, multiple income stream of approximately $182\,260 per annum netting appro ximately 6% gross yields. Why buy a risky commercial property with an unce rtain economic outlook\, when you can secure this recession proof\, risk f ree investment with rising rents and record low vacancy rates.\n
\n
Offering investors the security of diversified rental income across eight individual residences\, the current rental schedule is as follows:\n
\n
Unit 1: Vacant for marketing purposes - Estimated rental i ncome $440 per week\n
Unit 2: Weekly rental income $440pw until 26/6 /27\n
Unit 3: Weekly rental income $425pw until 12/5/27\n
Unit 4: Weekly rental income $400pw until 18/2/27 - Lease renewal offered at $ 440 pw\n
Unit 5: Weekly rental income $400pw until 18/2/27 - Lease r enewal offered at $440 pw\n
Unit 6: Weekly rental income $440pw unti l 30/10/27\n
Unit 7: Weekly rental income $400pw until 18/2/27\, inc reasing to $440 pw til 18/2/28\n
Unit 8: Weekly rental income $440pw until 19/6/27\n
Current Rental Income (if fully leased) - $176\,020 pa\n
Annual Rental Income after February 2027 - $182\,260 once leas es are renewed\n
\n
At full occupancy\, the property has the p otential to generate an impressive $176\,020 (approx) in gross annual rent al income\, equivalent to $3\,385 per week or $14\,668 per month (approx)\ , rising to $182\,260pa gross income after February 2027. \n
Further more\, there is an outstanding opportunity to optimise the existing rental returns through further renovation and rejuvenation to realise the invest ment's fullest income earning potential - the option is yours!\n
\n
Sitting on an impressive 751sqm easement free allotment with 18.29m frontage and 41.1m depth\, this substantial landholding offers investors t he perfect combination of multiple income streams\, strong rental demand a nd long-term capital growth potential\, all within minutes of the Adelaide CBD.\n
\n
The location is undoubtedly one of the property's g reatest assets. Nestled in the heart of Hyde Park\, residents can stroll t o the vibrant shopping\, dining and cafe precincts along Unley Road and Ki ng William Road\, where boutique retailers\, acclaimed restaurants and cha rming local cafes create an enviable cosmopolitan lifestyle. The leafy sur rounds of Heywood Park offer a peaceful escape\, while Unley Shopping Cent re and Mitcham Square Shopping Centre provide excellent everyday convenien ce. Families will appreciate proximity to prestigious schools including Wa lford Anglican School for Girls and Scotch College\, with the property als o zoned for Unley Primary School and Unley High School. Local bus services are within walking distance\, while the Adelaide CBD is less than 10 minu tes away by car\, placing Adelaide Central Market\, Chinatown\, the Univer sity of Adelaide and the beautiful Adelaide Park Lands within easy reach.\ n
\n
Opportunities like this to acquire an entire block of 8 u nits in one of Adelaide's most desirable inner southern suburbs are except ionally rare. Combining substantial rental income\, multiple tenancies and a prized Hyde Park address\, you can secure your financial future today w ith a high yielding growth asset providing reliable retirement income for the rest of your life! This is an opportunity not to be missed!\n
\n
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to i nspect!\n
\n
Year Built / 1964 (approx)\n
Land Size / 75 1sqm (approx - sourced from Land Services SA)\n
Frontage / 18.29m (a pprox)\n
Zoning / EN - Established Neighbourhood\n
Local Counc il / City of Unley \n
Council Rates / $1\,082pa per unit (approx)\n
Water Rates (excluding Usage) / $902.42pa (approx)\n
Es Levy / $367.50pa (approx)\n
Title / Torrens Title 5666/498\n
Easemen t(s) / Nil\n
Encumbrance(s) / Nil \n
Internal Living / 276sqm (approx)\n
Total Building / 304sqm (approx)\n
Construction / S olid Brick \n
Gas / Not Connected \n
Sewerage / Mains \n
\n
If this property is to be sold via Auction\, we recommend you re view the Vendors Statement (Form 1) which can be inspected at the Edge Rea lty Office at 4/25 Wiltshire Street\, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it sta rts. Please contact us to request a copy of the Contract of Sale prior to the Auction.\n
\n
Disclaimer: We have obtained all information in this document from sources we believe to be reliable\; However we cann ot guarantee its accuracy and no warranty or representation is given or ma de as to the correctness of information supplied and neither the Vendors o r their Agent can accept responsibility for error or omissions. Prospectiv e Purchasers are advised to carry out their own investigations. All inclus ions and exclusions must be confirmed in the Contract of Sale.

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