6 Mary St, Eden Hills

Multiple Choices: Dual Income, Family Home or New Build on 929m2

This Eden Hills home has so much to offer, located within a hills setting, yet only 15kms to the Adelaide CBD on an enviable land holding of 929m2. Currently presented as two separate properties on the one title with dual income, this property provides an exceptional income for the savvy investor. Alternatively, if you are searching for a large family home on a good size allotment, easily convert the residence back to one or enjoy the benefits of adult children or parents having their own sanctuary. For those looking to build their dream home amongst nature, subject to planning consent, this near level allotment with a frontage in excess of 30 metres provides the perfect canvas.

Presenting the options:
Investors
What’s not to love? Ticks all the boxes. Income of $645 per week, providing a solid yield – tick! Public transport within walking distance – tick! Quality schools nearby – tick! Large land holding – tick! 15kms to Adelaide CBD – tick! Secure tenants until May 2023 – tick! Flinders University & Flinders Hospital nearby – tick! Shopping precinct within walking distance – tick! Providing a solid yield and the potential for capital growth this property is one to add to the portfolio.

Multi-generational/large families
For those who have adult children or elderly parents living together, this property provides the best of both worlds. The home is currently separated into two dwellings: the single storey side comprises, 2 bedrooms, bathroom, lounge, kitchen/dining and laundry. The double storey side provides for 3 bedrooms upstairs with open plan living, kitchen and dining downstairs plus separate bathroom and laundry. The property provides dual driveways with the ability to park 4 cars undercover, 2 on each side.

New build
For those seeking to build their dream home on a large allotment within a hills environment without the steep contours, this parcel of land provides the ultimate canvas with an attractive frontage in excess of 30 metres. Perfect for a Hamptons homestead design with semi-circular dual driveway. Whilst seeking planning consent earn an income from the current tenancies!

Live in and rent
For those looking for assistance to fund the mortgage, live on one side whilst earning an income from the other! Perfect opportunity to achieve property ownership.

Property Information
Title: Volume 5482 Folio 417
Zoning: Hills Neighbourhood
Council Rates: $1,350 per annum
Water & Sewer: $161 per quarter
ESL: $131.70 per annum

Located only 15kms to the Adelaide CBD and easily accessible to vibrant Blackwood shopping village for all your daily needs. Eden Hills is well serviced by public transport, with both train and bus within close proximity, making an easy commute to the city, Westfield Marion, Flinders University or Brighton beach. Blackwood High and the beautiful Wittunga Botanic Gardens is only a short stroll away. This property on a large land holding offers multiple choices for the smart investor. 

SA LISTINGS – A Smarter Way to Go

RLA: 261169

Disclaimer: Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied on