Ideally positioned in a peaceful pocket of Bedford Park, just a short walk to Flinders University, Flinders Medical Centre and Flinders Railway Station, these two Torrens Title side-by-side townhouses present a rare and versatile dual-income opportunity, currently generating a combined rental return of $1,330 per week.
Each property offers exceptional flexibility and can be purchased together or separately, appealing to investors, extended families, or those seeking to live in one and lease the other.
1/39 Malcolm Street
Designed for comfort and practicality, this two-level townhouse features two self-contained residences.
The upstairs unit (1A) comprises three bedrooms and one bathroom, with soaring vaulted ceilings that create an open, airy feel. The living area includes gas heating, air conditioning and ceiling fans for added comfort, while large windows fill the space with natural light.
Downstairs, the two-bedroom unit (1B) offers easy-care living with a spacious layout and direct access to the rear yard - perfect for outdoor enjoyment. An undercover car space and private entrance add further convenience.
2/39 Malcolm Street
Mirroring its neighbour in both design and flexibility, this townhouse offers two separate residences with generous proportions and plenty of appeal.
The upstairs unit (2A) features three bedrooms, one bathroom and high vaulted ceilings, with the added bonus of distant coastal views. The living area is equipped with gas heating, air conditioning and ceiling fans, ensuring year-round comfort.
The downstairs unit (2B) offers two bedrooms, a well-sized living area and private yard access, providing an inviting space for residents or tenants alike. An undercover car space completes this functional and well-designed home.
Additional Features
• Dual-income investment opportunities
• Currently generating a combined $1,330 per week in rental income
• Gas hot water systems
• Separate electricity meters
• Shared gas and water per dwelling
• Vaulted ceilings and distant coastal views upstairs
• Combination of off-street and undercover parking
Specifications:
Land size 1/39: 479sqm (approx)
Land size 2/39: 501sqm (approx)
Year of build: 1983
Title: Torrens
Zoning: Hills Neighbourhood
Council rate1/39: $1461 PA
Council rate 2/39: $1461 PA
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
