Entire Block of Six Refurbished Units on separate strata titles
4 Davey Street, Parkside SA
A rare opportunity to acquire an entire block of six individually titled units in one of Adelaide's most sought-after blue-chip suburbs.
Architecturally designed this premium investment delivers strong immediate income with outstanding long-term capital growth potential.
Net Rental Return: Approx. $174,720 per annum (2026)
Six Separate Titles: Flexibility for future resale or strata subdivision
Prime City-Fringe Location: High rental demand and exceptionally low vacancy
Investment Highlights
• Fully refurbished complex with contemporary appeal; each with own spacious balcony or courtyard garden
• Strong tenant retention and consistent rental performance
• Six individually titled units – sell down individually or retain as a high-yielding portfolio
• Excellent depreciation benefits with minimal ongoing capital expenditure
• Within the Glenunga International High School catchment zone – one of Adelaide's most sought-after educational precincts
• Walking distance to cafés, shops, parks, and everyday conveniences
• Close to all local services, including transport, healthcare, and major retail
• Located in Parkside, one of Adelaide's most tightly held and consistently outperforming suburbs
The Perfect Investment Combination
Offering the ideal blend of income security, capital growth, and long-term flexibility, this is a set-and-forget investment in a premium lifestyle location with enduring demand.
Council Rates $1,024 pa - per unit
Water Rates $176.30pq - per unit
Features
12 bedrooms
6 bathrooms
directions_car6 carspaces
6 open car spaces
cottageBlock of units
Happy sellers in Parkside
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Local market activity for 12 bedroom block of units in Parkside
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