2 Riches Street & 22 Mellor Street, Port Augusta West SA 5700

Invest in Port Augusta with this maisonette that presents an excellent opportunity for investors seeking a property with a reliable dual income stream. Both sides of the property are currently occupied by tenants, with fixed leases in place providing the assurance of steady rental income.

Each side of the property features 3 bedrooms and 1 bathroom, making it an ideal investment for those seeking a comfortable and spacious living environment. This property presents a great investment opportunity that is not to be missed. This property offers a strong rental return of the 7.7%, making it a highly attractive investment opportunity for investors seeking a promising rental property to expand their portfolio.

FOR THE INVESTOR
22 Mellor Street
Rent per week: $235
Lease: 08/01/24 - 08/01/25
2 Riches Street
Rent per week: $235
Lease: 14/01/24 - 14/01/25

Land: 1576m2
Year Built: 1948
Equivalent main area: 91m2 (per dwelling)
Council rates: 2 Riches St: $1,722.21p.a.(2022/23) - 22 Mellor Street: $$1,722.21 p.a.(2022/23)
Zoning: Suburban Neighbourhood
Easements: Yes
Water available: Yes
Sewer available: Yes

Do not miss out on this great dual income investment opportunity. Contact Charmaine on 0428 656 181 for more information or inspection.

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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.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.