3 Dutton Avenue, Hectorville

These modern new homes in the suburb of Hectorville, 9 kms from the Adelaide CBD are close to completion. These townhouses are a fantastic opportunity for investors and also SMSF looking to invest somewhere other than Sydney, Melbourne or Brisbane providing portfolio diversification.

With a Gross Yield of just under 5%, there are additional benefits of a new build for an investor such as Home Owners Warranty Insurance and depreciation providing further uplift for your return. There are 6 homes in this small group with only 4 left to purchase.

Construction is well underway with completion expected mid-June 2019 so you can secure these properties now, at off the plan prices and take advantage of getting into the market early. This is a perfect opportunity for anyone wanting to secure an investment this financial year. Also, if the government changes, CGT benefits will be decreasing from 50% to 25% as of 1st January 2020 so acting now will also lock in the 50% CGT benefit. There are only 4 available in this small, boutique development so you will need to move fast to secure this investment opportunity.

The homes include:

  • 3 large bedrooms
  • 2 bathrooms plus a 3rd toilet
  • Open plan living areas
  • Undercover alfresco area
  • 2 car spaces

The high-end finishes include:

  • Bosch Appliances with gas appliances
  • Stone benchtops
  • Timber look flooring
  • Lappato tiles
  • Ducted reverse cycle air conditioning

These are fixed price contracts with a 10% deposit now, and the rest at completion.

 

3 2 2
Address 3 Dutton Ave
Price from $485,000 to $510,000
Property Type residential
Property ID 192
Category Townhouse

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Matt Butcher

0401 193 999
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