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4 / 10 Tusmore Avenue

Leabrook

2

Beds

1

Bath

1

Car

Low-maintenance Unit in Coveted Leabrook

Best Offers By Tuesday, 6th August BY 2PM (USP)

Nestled in the serene and highly sought-after suburb of Leabrook, 4/10 Tusmore Avenue presents an unparalleled investment and living opportunity. This delightful unit stands as an epitome of low-maintenance living, with features that promise both immediate and long-term financial rewards for astute investors.

Comprising two spacious bedrooms bathed in natural light, this property offers a warm and inviting atmosphere, ideal for individuals seeking comfort and convenience. The open-plan living and dining area, complemented by a functional kitchen, facilitates an easy living lifestyle. The separate laundry room, undercover carport parking for one vehicle, and a peaceful neighbourhood setting further enhance the property's appeal.

One of the prime attractions of this investment is its location in Leabrook, a suburb renowned for its leafy streets and close proximity to Adelaide’s CBD, prestigious schools, and an array of shopping and dining options. The area’s high desirability among families, professionals, and retirees is a testament to its stable tenancy rates and this property’s gross yield of 4.2%.

The unit’s compact design ensures minimal upkeep, translating to reduced maintenance costs and maximising your return on investment. The current tenancy until 30/5/25 guarantees immediate rental income, allowing for a seamless addition to any property portfolio.

Furthermore, the evolving property market in Leabrook indicates strong capital growth potential. Historical data from this location shows a consistent uptrend in property values, suggesting that 4/10 Tusmore Avenue is poised to appreciate over time, delivering substantial capital gains to the discerning investor.

Individuals are likely to find the blend of modern amenities and tranquil living space highly appealing. The airy interiors, combined with a small but meticulously maintained outdoor area, provide a perfect setting for those seeking a harmonious work-life balance. Easy access to public transport and essential services adds to the convenience, ensuring tenant satisfaction and retention.

With its combination of immediate rental income, low-maintenance living, and promising capital growth, this property stands out as a compelling choice for investors aiming to maximise their returns in a flourishing real estate market. Don't miss this golden opportunity to secure a high-yielding, future-proof asset.

FEATURES:
- Attractive gross yield of 4.2%
- 2 spacious bedrooms
- Abundance of natural light throughout
- Undercover parking for 1 vehicle
- Separate laundry room
- Polished floorboards
- Large open-plan living space
- Reverse cycle air-conditioning wall unit
- Solid brick
- Gas heating
- Outdoor blinds
- Modern kitchen
- Private courtyard

LOCATION:
- Prime eastern suburb’s location on established avenue
- Stroll to Sloth Cafe or Rustic Gourmet for your morning coffee
- Wine and dine at the Feathers Hotel
- Walking distance to Marryatville Shopping Centre
- Close to Burnside Village
- Minutes to Adelaide CBD and universities

SCHOOL ZONES:
- Zoned for Marryatville and Burnside Primary Schools
- Zoned for Norwood International High School
- Close to some of Adelaide’s most elite private schools including St Peter’s Girls’ School and Pembroke School

FEATURES

Built In Robes
Courtyard
Floorboards
Gas Heating
Reverse Cycle Aircon
Unfurnished

Sold on Jul 30

$640,000

Property Information

Built 1965

Land Size 163.00 sqm approx.

Council Rates $1,086.70 pa approx.

ES Levy $117.30pa

Water Rates $165.55pq approx.

CONTACT AGENT

JORDAN BEGLEY

Sales Partner

0410 289 240
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