4 Bert Street Modbury, 5092 SA
Investment or First Home Bonanza
This neat and comfortably appointed solid brick 1960's home is in a fantastic position very close to transport, and with loads of shops including TT Plaza, Modbury hospital and medical centres also close by. Priced at an affordable figure not a long way above the value of the land it sits on, this will make a perfect "Land Bank" investment for the astute speculator / investor, or of course a great starter home for those seeking to gain a foothold in the real estate market. With excellent tenants very happily living in the home and keen to negotiate a new lease for up to several years if it was to be offered, it is hard to see how you can go wrong with this purchase. Sure it is an old building and is undoubtedly showing signs of this, however with reasonable care and maintenance it will be good for many years to come until the day comes for you to re develop the ideal sized 406 sqm (approx) allotment.
Features include neat street appeal with attractive front gates and fencing, great security behind a lock up roller door plus a window roller shutter and another inner gate, with the area behind this doubling as either a lock up garage or all weather entertaining area.
Sold $415,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
-
Peter Paterson