25/12 Swinton Close

Christie Downs SA 5164

BRILLIANT FOR INVESTORS giving a low-entry level; immediate income & basically a 'set and forget' option!

Last 3 units remain for sale! Each on their own individual Community Title, all already tenanted to amazing tenants on secure residential leases (from $235pw to $240pw), giving you IMMEDIATE INCOME FROM DAY ONE.

CASHBACK BONUS: How this works is that you will receive a cheque back a few days following settlement of $10,000 for you to do as you wish. This offer however is STRICTLY for cash unconditional contracts.

The Estate is meticulously maintained and is highly popular among mature aged tenants who are seeking the security of long term rentals. In fact, the entire complex is FULLY RENTED with a WAITING LIST with other top class tenants keen to move in.

With 47 units already sold, with some investors buying multiple ... there is certainly a great cross-section of very happy buyers. Here's a quote from one of these investors, a retired couple who purchased 3 units

"These investments are more solid and far less risk than the super funds we were in & offer a far higher return than having our money in term deposit. The community needs these types of complexes … we're glad to be involved".

QUICK FACTS:
* Built in 2004, well established, beautifully maintained complex, set on 1.5 acres of manicured gardens
* Rents average $235pw, make these great 'positive-gearing' investments (if borrowing at 4% or less)
* High 8.00%-8.40% GROSS rent yield - the highest in metro Adelaide!
* Solid 5.70% to 5.90% NET yield after standard property outgoings (rates etc) - allowing for your cashback bonus
* All units are already leased to respectful, long term tenants on renewable 12 month fixed leases giving rental income from Day One (Bonds held by Residential Tenancies)
* Each unit is on its own Community Title (you own the land too) and only responsible for repairs & maintenance on your OWN unit, no others!
* All one bedroom with large ensuite, (with laundry facilities); lounge, galley kitchen, rear private courtyard garden

INVESTORS: MAKE YOUR PRIVATE APPOINTMENT WITH AGENT TO VIEW THE DISPLAY UNIT AND HAVE A TOUR OF THE COMPLEX. (Please do not arrive to wander through yourself as this is private property and appointment with selling agent is necessary)