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745 Marion Road, Ascot Park, SA 5043, 7 Bedrooms, 3 Bathrooms, Unit

Under Contract

745 Marion Road, Ascot Park, SA 5043

7
3
9
689m2
UnitListed on Tue Aug 27

Ascot Park 7 Bedroom One-of-a-Kind - An Exclusive Investment Opportunity - Shop and 3 Units

Set back from the road on a generous corner allotment in a most convenient Ascot Park position, this unique offering is undoubtedly the investment opportunity of a lifetime.

Approximately 689sqms with frontages along Marion Road and Second Avenue, all on one title includes a successful ground floor retail hair and beauty shop, along with three units, each leased to excellent long-term occupants.

Also on the lower level, unit 1 comprises an open kitchen, living and dining space upon entry, two bedrooms with robes, bathroom with laundry facilities and separate w/c plus a secure gated yard space, currently earning $340 per week.

Upstairs units 2 and 3 generate $325 and $360 per week respectively, the latter being a sizeable space with a most flexible floorplan inclusive of up to three bedrooms including a generous master with walk-in robe, dual living spaces, a kitchen and dining area with wraparound breakfast bar and bathroom with separate w/c as well as a rear deck.

Separate side access, a rear service yard and allocated carports add to this enticing buy, with a combined gross revenue of over $93,000 per year form the retail lease and 3 flats.

A top spot with convenience at its forefront, where bus and train transport, Park Holme Shopping Centre, Ascot Park Primary School and local parks including the expansive Hendrie Street Playground & Reserve are easily accessible on foot, and CBD commutes (10kms) couldn't be simpler. Westfield Marion, Castle Plaza and Pasadena Shopping Centres are all within a few minutes' drive.

Plenty of food for thought here, come and see this one for yourself.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Hamilton Secondary College
0.85 km
Secondary
U, 7-12
Government
icsea: 991

Property history

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Ascot Park surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12B Third Avenue, Ascot Park
0.15 km
3
2
-m2
Year 2024 Month 11 Day 24
$745,000
Council approved
7/7 Third Avenue, Ascot Park
0.17 km
2
1
-m2
Year 2024 Month 11 Day 10
-
Council approved
10A Second Avenue, Ascot Park
0.12 km
3
2
-m2
Year 2024 Month 11 Day 03
$1,000,000
Council approved
3/9 Third Avenue, Ascot Park
0.20 km
2
1
-m2
Year 2024 Month 09 Day 29
-
Council approved
1/6 Second Avenue, Ascot Park
0.08 km
3
1
-m2
Year 2024 Month 08 Day 13
-
Council approved

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Ref:1P21846Last update:2024-11-12 04:32:59