19 Matilda Terrace, Modbury Heights, SA 5092

Whether you're a savvy investor, a first-time buyer, or someone looking to put your stamp on a property, this charming three-bedroom home on a generous 696m² block offers possibilities at every turn. With a spacious 18.2-metre frontage, there's ample scope for future development (subject to council approval), or you can simply enjoy the large land area as it is.

Key Features of this Property:

• Three generous bedrooms – all with built-in wardrobes, and the master
with an ensuite shower for extra convenience.
• Spacious, updated kitchen – featuring quality appliances, plenty of
storage, and room for a large dining area.
• Multiple living spaces – the home includes large, light-filled rooms,
offering plenty of room to move and relax.
• Two expansive outdoor entertaining areas – perfect for family BBQs,
relaxing afternoons, or creating your dream garden.
• Modern bathroom with contemporary fixtures, plus a separate toilet for
added convenience.
• Climate control – enjoy year-round comfort with ducted evaporative airconditioning, a combustion heater, and a Rinnai gas heater.
• Ample off-street parking – secure parking for one vehicle under cover,
plus room for two more in the driveway.
• Additional storage – including a shed, which has been used as a rumpus
room, and more space for tools or hobbies.
• Rental income – Currently tenanted at $620 per week, offering
immediate returns for investors.

Important Lease Information:

This property is currently under a fixed-term lease until 24th July 2025,
providing a secure, reliable income stream for investors looking for a low maintenance opportunity.

The Location
Set across from a scenic park and just minutes from East Para Primary School,this home is ideally positioned for families. Enjoy proximity to public transport, and the convenience of being close to major shopping centres like Tea Tree Plaza, Golden Grove Village, and Clovercrest. Whether you’re after great schools, parks, or shopping, everything you need is within easy reach.

Why You'll Love It:
• Large block with development potential
• Move-in ready, or update to your taste
• Ideal for investors with a fixed lease in place
• Currently tenanted at $620 per week
• Close to schools, shopping, and transport
If you're looking for a property that combines comfort, space, and investment potential, don't miss this opportunity.
Contact: Raj Arora 0430 003 736 , Jaswinder Singh Sandhu 0430758997 and  Varinder Saini 0425 633 576.

Property Details:
• Land Size: 696m² (approx.)
• Council: Tea Tree Gully
• Zoning: GN
• Frontage: 18.22m
• Council Rates: $1800 PA approx.
• Emergency Services Levy: $98 PA approx.
• SA Water: $160 PQ approx.
• Lease: Fixed term until 24th July 2025
• Rental Income: $620 per week

Disclaimer: 
The information provided in this document is obtained from sources we believe to be reliable. However, we make no representations or warranties as to the accuracy of the information. Neither the owners nor their agent accepts responsibility for any errors or omissions. Prospective buyers are advised to conduct their own due diligence and investigations. All inclusions and exclusions should be verified in the contract of sale.
AD Real Estate RLA 322772