Address Withheld, Magill, SA 5072

More photos available on request

Positioned in a tightly held and highly sought-after eastern suburbs location, this contemporary Torrens titled residence presents a quality long-term investment opportunity with the security of an established DHA lease in place.

Built with modern low-maintenance living in mind, the home offers a practical and well-considered floorplan comprising three generous bedrooms, two bathrooms and light-filled open plan living. Stylish finishes, modern tones and quality fixtures feature throughout, while the seamless indoor-outdoor connection enhances the home's overall functionality and appeal.

At the heart of the home, the modern kitchen is equipped with quality stainless steel appliances, breakfast bar seating and an expansive walk-in pantry providing ample storage, overlooking the spacious living and dining area. Sliding doors open to a covered alfresco area and easy-care rear yard.

The master suite is privately positioned and complete with walk-in robe and ensuite, while bedrooms two and three both include built-in robes and are serviced by a central family bathroom with separate toilet.

Ideally located within close proximity to local shopping, parks, public transport, quality schooling options and only moments to The Parade and Magill Road precincts, this is an outstanding opportunity to secure a modern property in a consistently high-demand area.

Features include:

- Torrens titled allotment

- Long-term 7-year DHA lease in place (further details below)

- Modern 3-bedroom, 2-bathroom home

- Spacious open plan living and dining area

- Contemporary kitchen with stainless steel appliances

- Master bedroom with walk-in robe and ensuite

- Built-in robes to bedrooms 2 and 3

- Central family bathroom with separate toilet

- Covered outdoor entertaining area

- Low-maintenance landscaped grounds

- Secure garage with internal access

- Quality fixtures and neutral finishes throughout

- Prime eastern suburbs location close to shops, schools and transport

Lease Terms

- Long term lease with Defence Housing Australia (DHA)

- Six year lease expiring November 2029

- DHA have the right to extend the lease for up to a further 3 years

- Current rent is $810 per week

- Rent is reviewed yearly

- Lease agreement with all terms can be provided on request

Specifications:

Land / 427m2 (approx)

Council Rates / $2189.80pa

Emergency Services Levy / $182.10pa

SA Water / $226.85pq

Disclaimer: 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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409