1-4/103 New Street Queenstown, SA 5014

Tucked away in the quiet pocket of Queenstown and a stone's throw from blue chip suburbs like West Lakes, Semaphore Park and Port Adelaide - this huge 4 unit block offers an incredible opportunity to revamp or revitalise this location.

Presently, this generous site includes 4 neat and tidy 2 bedroom apartments of open-plan living, kitchen and meal areas, sizeable bedrooms, light-filled bathrooms and functional kitchen layouts.

Consider excellent rental returns by updating the existing units with a quick cosmetic once-over and a fresh coat of paint and enjoy a long-term investment that will see you profiting well into the future. Alternatively, completely redevelop the site (STCC) and subdivide into multiple modern townhouses or spectacular family homes - the choice is yours!

With Queenstown's close proximity to Semaphore Beach, a couple of minutes drive to St Vincent Street in the historic Port Adelaide where you'll find trendy cafés, hip microbreweries, restaurants and boutique shopping, and less than 10 minutes to Westfield West Lakes - securing real estate in this valuable western gateway should not be underestimated.

Such an opportunity like this very rarely comes to market, so whether you are looking for guaranteed immediate rental return for an incredible investment or a once in a lifetime redevelopment site - this is it!

Features you'll love:

• Entire unit block on offer consisting of 4 neat and tidy 2 bedroom apartments
• Open-plan living and kitchen areas
• Sizeable main bedrooms and light-filled bathrooms
• Incredible redevelopment opportunity (STCC)
• Port Adelaide, Semaphore Park & West Lakes all a few minutes away
• Close parks, cafes and shopping precincts
• Close to public transport including the Alberton Train Station

Currently Rented for:
Unit 1 - $250 p/week
Unit 2 - $240 p/week
Unit 3 - $240 p/week
Unit 4 - $240 p/week
TOTAL - $970 P/WEEK

For more information, please contact Jodie Watson on 0412 706 663 or Peter Balales on 0422 146 082.

RLA 115192