17 Davenport Terrace,
Seaview Downs, SA 5049

A RESIDENTIAL INVESTMENT with all of the benefits of a Commercial Property OR a COMMERCIAL INVESTMENT with the Safety of a Residential Property

Your Investment is secured by a Commercial Lease Agreement with a Federal Government Funded Community Support Group
- Your rental Income starts at $79,100 pa net with annual rent increases.
- The tenant also pays all Council rates, SA Water expenses & Emergency Services Levy.
- Tax Benefits include a huge list of items to depreciate
- The Property operates as one tenancy (as opposed to multiple students), which means you have a worry free Investment.

- The Property has been caringly refurbished throughout with an eye for the detail.
- Fully equipped with Furniture, Beds, TV, Desks, Crockery and Cutlery etc - ready to operate
- Excellent security systems and access controls
- Individual Reverse Cycle air conditioning to every room
- Comprising 7 main bedrooms, each with their own Courtyard and Entrance
- PLUS a two room "Townhouse" with it's own private ensuite and courtyard
- Huge common kitchen dining and lounge area, again, with it's own Courtyard
- Large Rear yard with a Storage Shed and additional toilet facilities
- This is truly the best mix of a Commercial Investment and a Residential Property, with the benefits of both and no negatives.