113 Redward Avenue, GREENACRES SA 5086

Sold $655,000

Prime Location - Invest Or Develop!


Bordering Lightsview and within walking distance to several shopping facilities plus public transport, 113 Redward Avenue offers the savvy investor an opportunity to secure a fantastic allotment with wide frontage with the addition of secured rental income from the current tenants.

Currently tenanted on a fixed lease for $310pw until 23/5/23 to amazing tenants, which we currently manage and can continue to assist for the new purchaser.

Features Include:

* 3 spacious bedrooms
* Formal lounge
* Functional kitchen & bathroom
* Split system air conditioning in bedroom 1
* Good condition throughout
* 19.5m frontage x 33.5m depth = 653sqm allotment (approx)
* No easements
* Invest now then develop and subdivide into two allotments (STCC)

Being situated in one of Adelaide’s fastest growing suburbs, this really is an excellent investment offering wonderful rental returns.

Council/ Port Adelaide Enfield
Built /1965
Home size/ 92sqm (approx)
Council/ $TBApa (approx)
Water/ Supply $75pq Sewerage $81pq (approx)