Friday Form Guide: This weekend's investment prospects

Cassidy KnowltonDecember 8, 2020

Looking for an auction to attend at the weekend? Property Observer has found four properties going to auction this weekend that would be perfect for investors. 

 

New South Wales

Unit 67F, 5-29 Wandella Road, Miranda, NSW, 2228

This well-located property with views of the city and bay has polished floorboards, a CaesarStone kitchen and an internal laundry room. The three-bedroom, two-bathroom property has a tenant with an expired lease, who would like to remain in the property. The tenant currently pays $475 per week. The property is being sold by Highland Property Agents Cronulla agent Lucas Harwood with an asking price of $449,000. It goes to auction on Saturday, June 18 at 10.30am. 

 


 

South Australia

9/18 Bewes Street, Adelaide, 5000

Currently tenanted at $400 per week to a professional couple who would like to extend their lease, this apartment in the heart of Adelaide offers reverse-cycle air-conditioning, a car park and a balcony. The two-bedroom apartment is listed for sale by Phillis Real Estate's Andrew Downing with an asking price of $350,000 plus. The property goes to auction at 11.45am on Saturday, June 18.


Victoria

1/ 15 Petrie Street, Frankston

Only 500 metres from Frankston train station, this recently refurbished apartment in a boutique development has a tenant with a long-term lease paying $295 per week. The two-bedroom, one-bathroom unit has polished timber floorboards, a double carport and an undercover entertainment area. Bayside Real Estate agent Darren Dowel is selling the property, which has an asking price of $290,000 plus. It is being auctioned on Saturday, June 18 at 10 am.


Australian Capital Territory

2/1 McGee Place, Pearce, 2607

In a quiet block in the heart of Pearce, this two-bedroom unit is only a few hundred metres from shops in Pearce. The tenant in the property currently pays $330 per week and has a long-term lease, making the property a good purchase for an investor. Ray White Woden agent Scott Crossman is listing the property with an asking price of $295,000 plus. It goes to auction at 10.30am on Saturday, June 18.

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