As Adelaide is projected to be the best Capital growth city in Australia in the near future, I am happy to present Investors & First Home Buyers a good opportunity to buy properties now before it happens.

2 subdivided land blocks- Community titled (only driveway to share).
-403 sqm already has a neat & presentable 3 bedroom BV house on, rented for $240pw from Jan 2010.
-370sqm is a vacant block, suit to build a new 3 bedroom house- best to live on it after built to take advantage of $7k First Home Owners Grant while the existing house earns rental income.

I design it this way, so that especially First Home buyers can generate income as much as possible.

Great locations- in front of High School, close to Bus stop and approx 10 minute walk to Elizabeth Shopping centre. Close to new housing development complex. 30 min drive North from Adelaide City.

Buy both for $304k, or separately:
$209k- House with 403sqm
$99k- 370sqm Land
If buying both, I would cover the Clearing cost on the vacant block.

Property & block plans and inspection are available to those interested. Prices are negotiable.