5-7 Sorata Street, Port Augusta SA 5700

Welcome to this well built brick veneer property situated on an approximate 626m2 allotment.
Currently, the property is tenanted at $380 per week, equating to approx 6.58% gross return on full purchase price, making it an attractive prospect for investors seeking steady returns and with a tenant already in place, investors can seamlessly step into this opportunity without any vacancy concerns, ensuring immediate returns on investment.
The property exudes charm and has been well maintained, showcasing the durability and timeless appeal of brick veneer construction. With 3 bedrooms (2 with BIR's – master with wall a/c), light filled living room with split system air-conditioner, open plan dining and blackwood kitchen and upgraded fully tiled bathroom. Other features include roller shutters on all main windows and home alarm. Embrace the outdoors with extensive paving, and a covered entertainment area with retractable blinds and benefit from the convenience of a double garage alongside secure undercover parking, providing ample space for vehicles, boat and/or storage.
Sitting high and proud in a quiet neighbourhood, conveniently close to the Port Augusta Hospital, beautiful Lions Park, amenities, schools and enjoy easy access to the CBD and recreational facilities, providing a well-rounded lifestyle for tenants or future homeowners.

2023/2024 Council Rates are $2,293.98 p.a
Current lease - 02/06/2023 - 01/06/24