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1 Ornata Street

Munno Para Downs SA 5115

4
2
2
118 m²
385 m²
House
Currently for sale - view listing

Overview

Leased to 2026 with $600+ Rental Upside

Maybach-built in 2022 on 385sqm, currently leased at $480/week through to October 2026. Rental appraisal on renewal of $600–$620/week, offering clear upside for investors while maintaining immediate income. Open-plan living with timber-look flooring, stone kitchen with stainless steel appliances, and a covered alfresco. Double garage with internal access. Master bedroom includes walk-in robe and ensuite. Total internal area approximately 110sqm. Brick veneer construction with gas connected and mains sewer. Positioned within the zone for Mark Oliphant College, with St Columba College nearby. Munno Para Train Station and the Northern Expressway are both within minutes, supporting accessibility to the Adelaide CBD. For investors, this is a low-maintenance, newer-build asset with rental growth potential already identified. For owner occupiers, the fixed lease provides a clear timeframe for future occupancy while securing a modern home in a developing area. Council rates $2,120 per annum, water $680 per annum. Contact Mark Lee on 0400 627 238. Disclaimer: All information provided has been prepared with due care. However, no warranty is given and interested parties should rely on their own enquiries. Distances and travel times are approximate and sourced from Google Maps.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
118 m² floor area
385 m² lot size
House

Happy sellers in Munno Para Downs

85%
85% of sellers in Munno Para Downs reported that their sale price either exceeded or met their price expectations.

Munno Para Downs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Munno Para Downs over the last 12 months.

Local market activity for 4 bedroom houses in Munno Para Downs

In the last 12 months, 37 four-bedroom houses similar to 1 Ornata Street, have been sold.

This represents a 20% decrease in four-bedroom houses sales when compared to the previous 12 months.

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