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1-6/4 Davey Street

Parkside SA 5063

12
6
6
Block of units
Currently for sale - view listing

Overview

Prime Investment Opportunity

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
6 carspaces
6 open car spaces
Block of units

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Local market activity for 12 bedroom block of units in Parkside

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