Robin Road

Semaphore South SA 5019

Each unit also has a secure front carport allocation with an automatic roller door, a separate gas meter and a new gas hot water system.

Whether you indulge tenants to a long-envied coastal lifestyle or contemplate further development as outlined above - STCC - adjacent the Fort Glanville community precinct, Bower Road retail, bus routes, cafes, and the Glanville Par 3 Golf Course, Robin Road marks the spot for potentially another foreshore revolution

It's so much more than a landholding immersed in local maritime history on the west's most tempting seaside, it's an investment opportunity not to be missed.

More aspects to explore:
The complex currently returns $108,160 per annum (approx)
Wide scope for future development (STPC)
Subdivide, Sell off one or multiple units
A valuable opportunity to top up or diversify your super fund

Each unit offers:
Expansive front lawned areas & north-facing private courtyards
Secure carport with automatic roller door
Vinyl flooring to main living areas
Functional kitchen with gas stovetop & laminate surfaces
New gas HWS (except Unit 2)
Spacious primary bedrooms - both 1 & 2 carpeted
Linen storage
Split system R/C A/C comfort
Endless development potential

Current tenancy information:-
Unit 1: $420.00 per week - Lease Period 15/12/2024 to 15/12/2025
Unit 2: $400.00 per week - Lease Period 1/6/2024 to 31/05/2025
Unit 3: $420.00 per week - Lease Period 7/10/2024 to 7/10/2025
Unit 4: $420.00 per week - Lease Period 31/05/2024 to 30/05/2025
Unit 5: $420.00 per week - Lease Period 30/11/2024 to 30/05/2025

Council Rates: $TBA
SA Water Rates: $398.53
Emergency Service Levy: $389.10

(Please note internal images & Floorplan are of Unit 3)

*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*