Affordable group of 3 well-maintained units - all leased, and all returning a fantastic annual rental yield. This rare opportunity is truly not to be missed if you are seeking a working investment at a very affordable price. Professionally managed, this group is ready to go, and sure to appeal to those wanting to add to or start their property portfolio.
UNIT 1 - Currently leased for $195pw - 1 bedroom, large lounge, updated kitchen and bathroom, house proud tenants willing to stay for a longer lease term.
UNIT 2 - Currently leased for $140pw - 1 bedroom, lounge, bathroom, and kitchen layout. Long-term tenancy who is reliable and very accommodating.
UNIT 3 - Currently leased for $225pw - 2 big bedrooms, large lounge, updated kitchen and bathroom, separate toilet and internal laundry, large well maintained rear garden. The tenancy is with a young professional couple looking to stay longer. *NOTE - This unit is offered as a 'fully furnished proposition'.
There has been considerable maintenance and upgrades undertaken on Units 1 and 3 in recent years, with decor, appliances, and presentation attended to. Each unit has a reverse-cycle air conditioner and is serviced by a septic system that was installed in 2016.
In addition, there is a large secure garage on-site, with parking and access for all units. The property is within walking distance to the major Pt August regional hospital (less than 200m), and a mere 100m to the glorious Pt Augusta 'back beach' area. Locally there are schools, shops, and services all within close proximity.
With a combined rental income of $560pw, three current tenancies in place, outstanding location, and maintenance up to date, this investment opportunity is truly a one-off for this region. Do not delay in learning more by contacting Jason on 0435 838 098 today.
Year Built / 1974 (approx)
Land Size / 561 sqm (approx)
Zoning / SN-Suburban Neighbourhood\\
Local Council / City of Port Augusta
Current Rental Combined / $560 per week
Rental Management / Professional
Title / Torrens Title
Easements / Subject to Service Easement for Electricity Supply Purposes - See Title
Want to find out where your property sits within the market? Have our award-winning agent come out and provide you with a market update on your home or investment! Call Jason O'Halloran now on 0435 838 098.
Specialists in: Port Augusta, Port Augusta West, Wilsden, Carlton, Stirling North, Stirling, Commissariat Point, Quorn, Willmington, Melrose, Flinders Ranges, Blinman
Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
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