13 Thelma Street, Port Augusta SA 5700

Built circa 1970, this brick veneer home offers a great opportunity for investors or those seeking a low-maintenance property in a convenient location.

Set on an approx. 732m² allotment, the property is currently tenanted to the same reliable tenant for around 14 years, with rent paid monthly at $1,520.83 (approx. $350 per week) — providing an impressive gross return of around 7.4%.

Inside, the home features a spacious living room overlooking the open-plan dining area and original kitchen, creating a practical layout. There are three bedrooms, with the master bedroom including a built-in robe, plus a tiled bathroom, double linen cupboards, laundry, and separate toilet.

Outdoors, the property continues with an approx. 14-metre-long undercover entertaining area. Additional features include timber floor boards, ducted evaporative air-conditioning, double garage with power and concrete floor, poly rainwater tank, and garden shed.

Low-maintenance living, solid returns, and long-term tenancy make this a smart addition to any investment portfolio — or for the home buyer this property is an ideal foundation for future updates/upgrades.

Video available upon request

FAQ
Current Lease - Fixed Term lease 21/05/2025 - 20/05/2026
Rent - $1,520.83 Monthly
2025/2026 Council Rates - $2,798.10 p.a
Title - one CT
Easement(s) - Yes
Mains Sewer - No