4 Lorikeet Avenue

Murray Bridge SA 5253

1252 m²

House

Currently for sale - view listing

Overview

High-Return Duplex Opportunity with Subdivision Potential

An exceptional investment opportunity awaits at 4-6 Lorikeet Avenue, Murray Bridge, offering two well-presented duplexes on a single title set across a substantial 1252sqm allotment. With strong rental appeal, updated interiors and subdivision potential (STCC), this is a rare chance to secure a high-performing asset in a growing and increasingly popular market. Each dwelling has been thoughtfully refreshed, making this property ideal for investors seeking immediate returns with future upside. Both duplexes offer comfortable and functional layouts, each comprising three well-sized bedrooms, a large separate lounge and a modern updated kitchen positioned adjacent to the meals area. Fresh paint throughout, polished timber floors and upgraded finishes enhance the overall appeal, while new air conditioning and hot water services ensure year-round comfort. Outdoors, each residence features a rear verandah perfect for entertaining, overlooking generous level backyards that provide space and flexibility. With ongoing development in the area and the benefit of being on one title, the potential here is as impressive as the current return. Key features: • Single title Duplex • Set on a large 1252sqm allotment • Strong rental return with excellent investment potential • Subdivision potential (STCC) in a growing market • Each dwelling offers three good-sized bedrooms • Large separate lounge rooms • Updated kitchens adjacent to meals areas • Sparkling main bathrooms with separate toilets • Fresh paint throughout both homes • Polished timber floors • New Split System A/Cs and hot water services • Rear verandahs ideal for outdoor entertaining • Large, level rear yards for each dwelling • Re-pointed and freshly painted roof Positioned in a convenient and developing pocket of Murray Bridge, close to schools, shops and local amenities, this is a smart addition to any portfolio with immediate income and long-term potential-approximately 60 minutes from the Adelaide CBD via the South Eastern Freeway. * This property currently has a lease agreement in place, please contact the agent for further details * All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 278947