1/389 Payneham Road, Marden, SA 5070

Currently leased at $430 per week until June 2025, with the potential to increase the rent upon renewal. Our Property Management team estimates a rental return of $480-$500 per week at the next lease renewal.

In highly desirable Marden, a two-bedroom ground floor unit offers convenient urban living for the modern minimalist seeking easy CBD access.

Private and low maintenance is at the forefront of this apartment with onsite parking and a paved courtyard, convenience is a daily luxury while two spacious bedrooms with ceiling fans accommodate various living arrangements.

A sunlit living room and adjacent, fully equipped kitchen makes meal preparation simple and easy with Chef stove / oven and plenty of storage, plus a split system A/C to keep the interior climate pleasant year round.

Onsite laundry and bathroom amenities complete this self contained unit ensuring everything you could need for a simple life is right on your doorstep.

With Marden Shopping Centre and public transport options only steps away, this modest abode is the ideal candidate for downsizers or investors looking for a potentially high yielding rental opportunity in a favourable city fringe location!

Specifications:

Year built - 1965

Strata Fees - $425 PQ

Council Rates - $312 PQ (City of Norwood Payneham & St Peters)

Additional Features:

? Retractable clothesline in rear courtyard

? Laundry accessible from the rear porch

? Ceiling fan in living room

? Blinds on all windows

? Nearby schools include: East Adelaide School, St Joseph's School, Trinity Gardens Primary School, Open Access College, Marden Senior College, St Peter's College, Wilderness School, Pembroke School

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.