7 Fifth Street, Millicent, SA 5280

A fantastic opportunity for those looking to get into the Investment properties with a solid return and secure long term tenants.
A huge attraction for tenants is the property's location right with the central township and close walking proximity to the main street
Block of 4 units - Brick and iron under one roof and all on one title. No strata or community title fees!

Units consist of:
Unit 1 - 2 carpeted bedrooms with built ins. Kitchen/Dining/Lounge all in one. Leased until March 2025 @ $200 per week
Unit 2 - 2 carpeted bedrooms with built ins. Kitchen/Dining/Lounge all in one. Leased until October 2024 @ $180 per week
Unit 3 - 1 bedroom with built ins, lounge/dining & kitchen area. Leased until February 2025 @ $180 per week
Unit 4 - 1 bedroom, Slow combustion fire, R/C. Leased until April 2025 @ $180 per week
Income Returning $740 per week = $38480.00 per annum 

All have Electric stove, laundry washing taps in bathrooms and clotheslines out the front each unit
4 Carports under one long carport at the front of property
Quiet residential area close to swimming lake and primary school
Neatly presented maintained garden/lawns
Quiet area of town, 1022m2 sized allotment on one Certificate of Title
*NO Pets have been allowed in these units under lease conditions

GENERAL PROPERTY INFO
Property Type:  Brick and iron roof
Zoning:  Neighbourhood
Council: Wattle Range Council
Year Built:  1971
Land Size: 1022m2
Rates: $3356.39 per annum
Lot Frontage: 16.4m
Lot Depth: 60.7m
Aspect front exposure: North east
Water Supply: Town supply. Rainwater unit 4
Certificate of Title Volume  5157  Folio 903