44-46 Stokes Terrace, Port Augusta West SA 5700

Invest in Port Augusta with this double 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 long-term tenants, with fixed leases in place providing the assurance of steady rental income.

Each side of the property features 3 bedrooms and 1 bathroom. The property is in close proximity to schools and early childhood facilities, the nearby grocery store, chemist and doctor, as well as pubs, restaurants and a popular cafe.

For the Investor, 44 Stokes Terrace has a fixed lease in place until 1/3/2024 at $225 per week, and 46 Stokes Terrace has a fixed lease until 31/5/2024 at $225 per week.

With long term tenants and fixed leases in place, this property presents a great investment opportunity that is not to be missed. This property offers a strong rental return of 9.5%, making it a highly attractive investment opportunity for investors seeking a promising rental property to expand their portfolio. Contact Charmaine on 0428 656 181 for more information or inspection.

FOR THE INVESTOR

44 Stokes Tce, Port Augusta West:
Fixed Tenancy: 2/3/2023 - 1/3/2024
Rent per week: $225

46 Stokes Tce, Port Augusta West:
Fixed Tenancy: 1/6/23 - 31/5/2024
Rent per week: $225

Total Rent Return: 9.5%

Land: 1,618m2
Year Built: 1950
Equivalent main area: 91m2 (per dwelling)
Council rates: 44 Stokes Tce: $1,906.03 p.a.(2022/23) - 46 Stokes Tce: $1,889.55 p.a.(2022/23)
Zoning: Suburban Neighbourhood
Easements: No
Water available: Yes
Sewer available: Yes

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.