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20 Elphick Street

Munno Para SA 5115

3
2
4
245 m²
360 m²
House
Currently for sale - view listing

Overview

Outstanding Investment Opportunity - DHA, Munno Para

Looking for an investment that quietly gets on with the job? This Defence Housing Australia (DHA) property in Munno Para might be exactly what you're after. Leased to DHA until September 2027, the home is currently returning $570 per week, with annual lease reviews built in. Purpose-built to DHA standards, it offers stable, long-term rental income, with professional property management and maintenance included. Rent is even paid during vacancy periods (subject to lease terms), giving investors welcome peace of mind. Set on approximately 360m², the home is designed for comfortable family living and features two separate living areas. There are three generous bedrooms, including a master with walk-in robe and ensuite, built-in robes to the remaining bedrooms, and a central bathroom. The open-plan kitchen, dining and family area flows to an undercover outdoor entertaining space. A double garage with internal and rear access adds practicality, while the tidy, low-maintenance presentation makes it ideal for investors. Munno Para is well supported by infrastructure including Munno Para Shopping City, rail access via Munno Para railway station, education options such as Mark Oliphant College, and healthcare services at Lyell McEwin Hospital. Positioned within the City of Playford, the suburb continues to experience strong residential growth. With NBN fibre to the premises, strong 5G coverage, and no bushfire, flood or heritage overlays, this is a secure and well-structured investment opportunity. Specifications Council: City of Playford Land: Approx. 360m² Current Rent: $570 per week Lease Expiry: September 2027 (annual reviews) Contact the agent for further details Method of Sale: Off Market Purchaser Portal: Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below: https://portal.reaforms.com.au/purchaser/20-elphick-street-munno-para-sa-5115-38t3r7aaaaz5cyb9cc32r5pvp For more information: Please contact the selling agent/s directly, we welcome any enquiry on this exciting property listing. *If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Denham Morris Realty Pty Ltd RLA: 343783 does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority. *Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.

Features

3 bedrooms
2 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
245 m² floor area
360 m² lot size
House

Happy sellers in Munno Para

94%
94% of sellers in Munno Para reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Munno Para over the last 12 months.

Local market activity for 3 bedroom houses in Munno Para

In the last 12 months, 59 three-bedroom houses similar to 20 Elphick Street, have been sold.

This represents a 28% increase in three-bedroom houses sales when compared to the previous 12 months.

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