18 Sunset Parade Aldinga Beach SA 5173
PERFECT TIME TO SNAP UP THIS ESTABLISHED INVESTMENT
This property is currently tenanted and subsidised under NRAS (National Rental Affordability Scheme).
So, as an investment, this means there are no tenant establishment costs with a regular rental income as well as extra benefits from government incentives. The lease is in place until January 2022 with a view to extend.
This north-facing, three bedroom, two bathroom home is cleverly designed to maximise space and has the frontage facing the shopping centre with double carport parking securely behind a panel lift door via the back laneway. All bedrooms have built-in robes. The master bedroom not only features its own ensuite but also has sliding doors with access to a private courtyard through glass sliding doors, making this a perfect parent retreat area.
Towards the rear of the home, the hallway flows into an open plan kitchen/dining and living area. Two skylights allow plenty of natural light into this family space which then spills out through sliding glass doors to the outdoor veranda. The kitchen has recently had a new oven installed as well as the ever-popular gas cook-top and provision for a dishwasher is already in place. Overhead cupboards and a deep pantry create coveted extra storage space.
A split system allows both heating and cooling over all seasons.
The fully fenced backyard is perfect for children and pets to play with security and privacy.
Perfectly located within walking distance of the shopping centre, healthcare facilities, parks/reserves and schools, this is a wonderful beachside community that has plenty to offer for sports and leisure.
$250/week rent = $13000 - PLUS - Yearly Federal and State Government incentives $11,124 (2021/2022 financial year). Gross rent (including NRAS incentive) = $460/week.
Total annual rent of $24,124 – which represents an approximate 7% rental yield
Approximate ongoing costs;
- Council Rates $330/qtr
- SA Water $140/qtr
- ESL $94/year
If you would like more information about this property and to organise a private viewing, contact Brigitta on 0408 819 027.