17/613 Magill Road, Magill

At this address is a unit located in C23139 Magill SA. It has an approximate value of $255,000. Built in 2000, with 2 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
1
Land size
-
Building size
50 m2
Council area
Burnside
Year built
2000
Lot plan
C23139 Magill SA
House type
Unit



HISTORY




LISTING DESCRIPTION
as of August 2009

SUPERB ELEVATED 2 BEDROOM FULLY FURNISHED APARTMENT ENJOYING PRIVATE BALCONY WITH EXCELLENT CITY VIEWS HARTLEY APARTMENTS SECURELY LEASED UNTIL FEBRUARY 2013 WITH ONE FURTHER 5 YEAR RIGHT OF RENEWAL.UNIT 17 IS THE LARGEST STYLE OF 2 BEDROOM APARTMENT WITHIN THE GROUP, PERFECTLY POSITIONED TO THE REAR OF THE GROUP ENJOYING AN UNDERCROFT CARPARK WITH THE PROPERTY SECURELY LEASED TO BAYVILLA PTY LTD A COMPANY SPECIALISING IN PROVIDING STUDENT-STYLE ACCOMMODATION WITH THIS PARTICULAR UNIT, ENJOYING A SECURE ONGOING INCOME WITH RENTAL REVIEWED ANNUALLY TO CPI, WITH A MARKET REVIEW AT THE TAKE UP OF THE FURTHER 5 YEAR RIGHT OF RENEWAL.THE LESSEE (BAYVILLA PTY LTD) PAYS THE MAJORITY OF ALL OUTGOINGS TOGETHER WITH BEING RESPONSIBLE FOR MAINTAINING THE PROPERTY IN GOOD REPAIR TOGETHER WITH ALL FIXTURES, FITTINGS AND CONTENTS, NOTWITHSTANDING FOR WEAR AND TEAR.THE COMPLEX REPRESENTS AN OUTSTANDING OPPORTUNITY FOR INDIVIDUAL PURCHASERS TO ENJOY THE SECURITY OF A LONG-TERM LEASE AND THE ATTACHED INCOME WHICH IS REGULARLY ADJUSTED TO CPI AND MARKET TOGETHER WITH EXCELLENT CAPITAL GROWTH PROSPECTS OVER THE LIFE OF THE LEASE.FULL INVESTMENT REPORT AVAILABLE.ADDITIONAL FEATURE - UNDERCROFT CARPARK.