Mount Cook S301/28 Torrens Terrace
Sold
$485,000
Dual Key Investment - 8.4% Gross
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RV: $630,000
Attention Young professionals, first time buyers or investors!
This is a unique opportunity to purchase a twin key apartment. This single title includes two apartments, which means you get the income of both apartments for the expense of only one. This particular twin key has one fully furnished two bedroom apartment, one fully furnished studio apartment, and one car park.
My proposal!
If you're looking to live in a nice well built two bedrooms apartment located in the city and don't want to pay someone else's mortgage, or if you want something to live in for now and when you upgrade you can keep it as a investment property with a good return, this is what you should do, live in the stylish two bedroom and rent out the studio to cover part of your mortgage payments or if you don't need a two bedroom or the car park, live in the studio walk to work and rent out the two bedroom and car park to cover most of your mortgage payments.
This property features:
Architecturally designed with an ergonomic layout. Outdoor living yet with a quiet, central city location. Enclosed central courtyard (Very safe). Closed-circuit television security. High return of 8.4% gross.
Property Information
- Floor area approx 104sqm
Property Features
- Garages 1