Mount Barker

29 Sims Road

3 2 2

Set-and-forget investment with a fantastic return

Looking for a set-and-forget investment property with a guaranteed return? This contemporary home is currently reaping the rewards of national and state incentives through the NRAS (National Rental Affordability Scheme) with an agreement in place until November 2021 which can be continued until the end of 2023, if desired.

The savvy investor will enjoy a total gross return of $27,416 per annum. which equates to an impressive $543 per week. The landlord receives $11,192 per annum in subsidies with the property rented for 20% below the market rate at $332 pw.

Three good-size bedrooms and two modern bathrooms ensure there’s space for everyone to spread out and relax including the master with a walk-in robe and ensuite. Daily life will revolve around the open-plan kitchen, meals and lounge plus there’s ducted heating and cooling throughout for absolute comfort.

You’re also sure to love the double garage, an easy-care yard and a prized position just moments from shops, schools and amenities.

CT / 6107/469
Council / District Council of Mount Barker
Zoning / Residential
Land Size / 733 sqm
Council Rates / $TBA pa (approx)
SA Water / $271.40 pa (approx)
ES Levy / $TBA pa (approx)

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own legal advice.

Highlights

Built in Robes Ensuite Hot Water Gas Air Conditioning Ducted Cooling Ducted Heating Reverse Cycle Air Con Split System (Air Con) Water Tank

Sold

Sold for $460,000

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Property Information

Property Type - House

Land Size -733m2

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