1 Waratah Avenue, MARION BAY SA 5575
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- 28 Apr 2017
Fantastic Value... $150,000 Below Bank Valuation
2 one bedroom villas, plus 6 2BR villas, all reduced in price due to my failing ill health and age (80years). We have 6 yrs of rental history to show a great return and the latest taxation figures show over $160,000 gross income.
The property has been well maintained by the local owner and no expense has been spared to keep them in tip top shape after they were built in 1990.
We are just over a 3 hour drive from Adelaide, and Marion Bay has all the local facilities for a buyer of any age.
The Villas are situated in the most beautiful part of the Southern Yorke Peninsula and is just 5kms from the Innes National park which attracts over 250,000 visitors a year. There is a current proposal to spend $5m on upgrading this park, so we will certainly get more visitors, not less. There are famous surfing beaches, all kinds if fishing and wonderful walking trails.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Waratah Avenue MARION BAY