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40A Trinity Road, MORPHETT VALE, SA, 5162

3 Bedrooms
2 Bathrooms
2 Open Car Space(s)
1 Living Area(s)
2 Garage(s)
1 Ensuite
Size: 154 sqm
Residential for Sale

Attention Investors - Committed Tenant - Superlong Lease - No Vacancy Worries for 5 Years Minimum

$399,000

That’s right this almost new investment property has a 5 year lease with 2 renewal rights of 5 years for a total potential term of 15 years. You won’t find such an attractive long term anywhere else. The tenants are a reliable mature couple who have occupied the property for the last 18 months. During this time they have treated the property as their own and there is a reference from the property manager to verify this. They are prepared to commit to pay the rent by bank transfer fortnightly so you could choose to save the cost of employing an agent to manage the property, a significant saving to you. There are attractive depreciation benefits of $4,458 dollars per annum for the next 39 years totaling $177,000 of tax sheltered income (ask your accountant to make sure you qualify). The tenant pays for all SA Water charges. Constructed by leading builder Fairmont homes, based on one of their designs but extensively upgraded with ducted air conditioning, king-size master bedroom and queen size second and third bedrooms, roller door access from the double garage to rear yard, and 2.7 meter height ceilings. There is a spacious rear courtyard which is maintained by the tenant. Property is fitted with a brand-new solar panel system with a 6.6 kW capacity. Excellent location facing a linear park, close to transport, restaurants, and 2 major shopping centres are within 5 minutes by car.
Inspection is by appointment only.

Features

A/C
Built In Robes
Courtyard
Solar Panels

Inspection by Appointment

Please call to arrange an inspection.

Contact Information

Barrie Stacey
0413448230

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