0 apartments for sale in Merriton

Perfect investment opportunity! Combined rental income of $1,635 per week. This well-positioned property offers a fantastic opportunity for investors, comprising eight units with a strong mix of accommodation. Six of the eight units feature an open-plan layout incorporating the kitchen, dining and living areas, along with reverse-cycle split-system air conditioning, two bedrooms, and a bathroom with a large shower alcove. At the rear of the property is a one-bedroom unit, offering a comfortable lounge area, an upgraded kitchen and dining space, and a renovated bathroom. The remaining rear unit is currently leased to a long-term tenant who has occupied the property for over 12 years. This unit will require renovation and upgrading once it becomes vacant, presenting an excellent opportunity to add further value and increase future rental returns. Whether you're looking to expand your investment portfolio or secure a property with strong income potential and future upside, this is an oppo

Formerly Evergreen Cafe/Ek-Wi-Tee this vibrant location was once a bustling hub of caffeination and fresh produce, what will it become now! With a fantastic open space in a prime location the opportunities are endless, the main seating area is easy care and versatile with carpet floor, a main severey/bar. There is a gallery section at the rear of the property that could be used for extra seating or for displays of produce. The kitchen space has a timber floor which has recently been resealed with commercial stainless steel benchs, sink and a commerical freestanding oven/cooktop with rangehood. Jamestown is a bustling hub of activity with plenty of opportunity for a thriving cafe or restaurant the town serves as a hub to the flinders and surrounding suburbs, with plenty of services in the town including mechanics, freight company and excellent grocery store. Additional Features: - 2 x Reverse cycle air conditioners - Large evaporative for summer months - Rear Lane access Land Size: 240