Built in 2008, and within an approx. 10 minute walk from one of Adelaide's most popular beaches, this block of 3 townhouses presents as a rare opportunity to secure a ready made investment with future growth potential.

Tenanted since construction by the same long-term tenants whose desire is to extend their lease, this block of townhouses is currently generating an annual income of $73,840.

Comprised of 26A, 26B and 26C Bray Avenue, these two storey residences feature 3 spacious bedrooms (Master with WIR and ensuite), 2 luxuriously appointed bathrooms plus separate water closet, garaging for 1 vehicle with further off street parking for a second vehicle all while cleverly separating living spaces between ground and top floors.

Each townhouse boasts a modern light bright and airy open plan living, kitchen dining area, a second living area upstairs and a sizeable backyard to enable space for entertaining.

Within an approx. 2 minute drive to the beach, the townhomes are within a short walk to foreshore playgrounds, the shopping and eateries of Bower Road and Military Road, train and bus routes and local schools.

For the savvy investor looking to take advantage of a generous holding income on top of compounding capital growth in an increasingly popular beachside suburb, the rare opportunity which is the totality of 26 Bray Avenue awaits.