1-4/39 Rosewater Terrace

Ottoway SA 5013

1050 m²

Block of units

Larry Finis, last sold this property on 10 April 2026 after 14 days on market.

Overview

SOLD AT AUCTION..! FANTASTIC RESULT..! Solid Investment with Strong Returns – 4 Units on One Title

Offered as a whole, this group of four single-level units presents an outstanding investment opportunity, with a strong history of long-term tenancies and consistent rental returns. Add to your SMSF portfolio. Situated on a generous allotment of approximately 1050m² and currently returning in excess of $90,000 per annum, this property is sure to appeal to the astute investor. The property has undergone major upgrades in recent years. Unit 4 was newly built approximately six years ago, while the remaining three units have been updated and improved. Additional enhancements include new carports, new concrete driveways, and landscaped grounds. Each unit offers comfortable living with two bedrooms, spacious open-plan living areas, modern kitchens and bathrooms with separate laundries. All units include private rear yards, and there is also a shed providing storage. Positioned in a convenient location, this is a rare opportunity to secure a quality investment with excellent future potential. Key Features • Group of 4 single-level units on one title fully tenanted • Currently returning in excess of $90,000 per annum • Situated on approximately 1050m² of land • Property upgraded 6 years ago new electrical and plumbing to the units • Unit 4 built approximately 6 years ago • Three existing solid brick units upgraded and improved • Modern kitchens • Separate laundries • Private rear yards for all units • New carports • New concrete driveways and yards • Landscaped grounds • Close to Port Adelaide, transport, shops and amenities • Potential to redevelop or sell individually (STCC) Close to all facilities..! Don't miss this amazing opportunity.! TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site. FOR DEFINITE SALE....! OPEN INSPECTIONS WILL BE CONDUCTED ONLY AT THE TENANTS AVAILABILITY. For more information call: Larry Finis on 0400 600 422 or Raffaele Spano on 0427 305 089 TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site. Please note: [ The vendors have asked to make no price representation ] NB: RECENT SALES AVAILABLE ON REQUEST OR AT OPEN INSPECTIONS. PLEASE NOTE: THE FORM 1 AND SEARCHES: VENDOR'S STATEMENT (SECTION 7) LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 WILL BE MADE AVAILABLE TO THE PUBLIC AT BELLE PROPERTY WEST LAKES 75/155 BREBNER DRIVE WEST LAKES SA FOR 3 CLEAR BUSINESS DAYS PRIOR TO THE AUCTION OR 30 MINUTES PRIOR TO THE AUCTION STARTING Neither agent or vendor accept any liability for any error or omission relating to this property. We apologize for any inconvenience this may cause however, we would like to thank you for your cooperation. RLA 288 738

Features

8 bedrooms

4 bathrooms

4 carspaces

4 carport spaces

1050 m² lot size

Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Ottoway over the last 12 months.

Property history for 1-4/39 Rosewater Terrace

2026

Sold

Undisclosed

10 Apr 2026 by Larry Finis, of Belle Property West Lakes

Happy sellers in Ottoway

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