133 May Terrace, Ottoway, SA 5013

Investment Opportunity Knocking - Block of 968m2 (approx.) with 17.37m (approx.) frontage!

To submit an offer, please access R&D 
Real Estate website for the offer forms and further information: https://www.rdrealestate.com.au

Jimmy Hoang, Chi Do and R&D Real Estate RLA327446 are proud to present to the market this rare investment opportunity to purchase a double brick home, perfectly situated on a spacious of 968m2 (approx.) with 17.37m (approx.) frontage Torrens Titled block without easement in a highly sought-after location. 

Double brick home boasts a practical 2-bedroom layout, complemented by a spacious family room with doors (can be a third bedroom) featuring solid timber floorboards throughout for low-maintenance living. The kitchens are equipped with gas cooktops, ovens, and L-shaped benchtops, ensuring functionality for users. Split air-conditionings in main bedroom and living room and ceiling fans in all bedrooms, dining room and living room, offering year-round comfort. The renovated central bathroom includes a toilet, and vanity facilities, providing essential convenience for residents. Roller shutter windows kept the house more security and convenience.

Retaining its original charm, the property features: 
-  A serene and tranquil location, perfect for relaxation
.- Low-maintenance house with tenants already in place (periodic lease)
- A spacious entry leading to a versatile floor plan.
- A front-facing lounge room with heater and doors, ideal for a third bedroom or home office. 
- The main bedroom with a built-in wardrobe. 
- A dining room with large window filled with natural light 
- An updated bathroom and toilet plus a second rear toilet.
- A large garage/carport with a roller door and remote control.

Outdoor entertaining is a breeze with: 
- A spacious undercover verandah perfect for family gatherings or entertaining friends (The current tenants converted it in to a coffee bar). 
- A fenced-off courtyard area ideal for alfresco dining 
- A huge rear yard providing ample space for kids and pets to play
 
Additional features you'll love about this home is its location.
The property's location is a major drawcard, with easy access to a range of amenities. The nearby Eastern Parade Reserve provide ample green space for family fun. A short walk to the local bus stop ensures convenient public transport options, while the nearby the Port River Expressway Highways allows for a smooth commute to the North Adelaide or Port Adelaide in just 15 minutes driving, or access to Adelaide CBD by South Road in approximately 20 minutes driving. Shopping needs are well catered for with Foodland just minutes away and restaurants/ take away nearby. Families will appreciate the proximity to quality educational facilities, including Pennington Primary School and St Joseph’s School, or Woodville High school and Mount Carmel College, making the house highly appealing to a broad tenant demographic.

The home presents a unique opportunity for investors, developers, families, and first-home buyers. With stable rental income already in place and significant potential to add value through subdivision in three (03) blocks (subject to Council consent), this property is ideal for savvy investors looking to capitalize on the current strong rental market, or for someone desire a convenient living in the central of Adelaide closed to CBD. Whether you're a seasoned investor or new to the market, this is your chance to secure a high-demand property with outstanding growth potential, or simply move in and indulge in the serene tranquility of this peaceful retreat. 

Call Jimmy Hoang on 0405 833 868 or Chi Do on 0439 143 830 to inspect!

Year Built / 1935 (approx)
Land Size / 968sqm (approx)
Frontage / 17.37m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Port Adelaide Enfield
Council Rates / $1,318.05 pa per unit (approx)
Water Rates (excluding Usage) / $354.00 pa (approx)
Rental / $600 pw 
Title / Torrens Title 5660/335
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 127sqm (approx)
Total Building / 222sqm (approx)
Construction / Double Brick
Gas / Connected
Sewerage / Mains
Selling Investment

For additional property information such as the Certificate Title, please send your enquiry to R&D Real Estate.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.rdrealestate.com.au/

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However 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 omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.