4-6 Mealy Street, Port Augusta SA 5700

A double maisonette on one title - the perfect opportunity to start or expand your investment portfolio in Port Augusta! Set on a large total allotment size of approximately 1,250m2, with a rent return of 9.4% - 9.6%, this is an opportunity not to be missed!

Providing 3 Bedrooms and 1 Bathroom in one dwelling, and 2 Bedrooms and 1 Bathroom in the other, this set of maisonettes presents a great investment for the buyer looking for a dual income opportunity. One side has undergone some upgrades and had a fresh paint throughout, ready to put tenants in!

FOR THE INVESTOR

Rental Appraisal: 4 Mealy - $220 - $230 per week / 6 Mealy - $260 per week (Appraised 5th December 2022)
ROI: 9.4% - 9.6%

Don't hesitate to contact Charmaine Budd on 0428 656 181 for more information or inspection!

Land: 1,250m2
Year Built: 1971
Equivalent main area: 108m2 per dwelling
Council Rates: $2,064.85 per dwelling p.a. (2022/23)
Zoning: Suburban Neighbourhood
Easements: No
Water available: Yes
Sewer available: No (Septic System)

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.