Property Details for 1-3/110 Gage St, Firle
1-3/110 Gage St, Firle is a 7 bedroom, 3 bathroom House with 5 parking spaces.
Last Listing description (May 2021)
An incredibly rare and fantastic investment opportunity to purchase this group of three established, single storey properties spread across 942m of land providing continual income and future potential. Built in 1993 these dwellings are being offered as a whole on one Torrens Title which facilitates cost control while generating multiple income streams.
Ideally located in this very tightly held suburb, with just a short stroll to the shopping plaza, public transport and a 15 minute drive to the City, making this location very desirable for both tenants and homeowners alike.
The properties are in good overall condition and have potential to further improve through minimal refurbishment. The front house has 3 bedrooms while the other two homettes comprise 2 bedrooms. All properties offer generous accommodation including open plan living and dining areas, kitchen, 1 bathroom with shower, separate toilet, laundry room, private back yard and an interconnecting single garage. Additional off-street undercover parking for 2 cars is also available.
All three properties are currently leased providing continual income.
One truly special and unique offering, featuring:
- A solid cash flow that would be hard to match
- Currently fully tenanted, long-term stable management
- Torrens Title for better cost control - no Strata fees
- Small group of 3 homes making it more attractive to tenants and easy to manage
- Solid brick construction
- Evaporative air-conditioning and gas heating for year round comfort
- Interconnected single garage to all homes plus additional off-street undercover parking
- Potential for further upgrades
Whether you are looking to build a new income stream, add to your investment portfolio with high yielding residential asset, adding to your super fund or downsizing into the front house while renting the rest, this fantastic opportunity will not last long!
Council - Norwood Payneham & St Peters
Council Rates - $3151.32pa
Water Rates - $241.10 pq
ES Levy - $201.85 pa
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Open Inspection Guidelines
Please note that due to Covid-19 restrictions easing we are now able to conduct open home inspections. We will continue to implement strict hygiene protocols. We ask for your patience and cooperation as we all do our best to help keep our community safe. For further queries please don't hesitate to contact agent on mobile.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries.
Property History for 1-3/110 Gage St, Firle, SA 5070
- 17 Feb 2021Listed for Sale Contact Agent
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About Firle 5070
The size of Firle is approximately 0.6 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of Firle in 2011 was 1,432 people. By 2016 the population was 1,449 showing a population growth of 1.2% in the area during that time. The predominant age group in Firle is 20-29 years. Households in Firle are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Firle work in a professional occupation. In 2011, 61.5% of the homes in Firle were owner-occupied compared with 60.4% in 2016.
Firle has 809 properties. Over the last 5 years, Houses in Firle have seen a 68.99% increase in median value, while Units have seen a 83.50% increase. As at 31 October 2024:
- The median value for Houses in Firle is $1,202,879 while the median value for Units is $580,933.
- Houses have a median rent of $560 while Units have a median rent of $520.
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