Positioned in a convenient location, this three-bedroom duplex presents an excellent opportunity for investors seeking an established rental property with reliable long term tenants already in place.
The home offers a practical floor plan featuring three bedrooms, a central bathroom, a functional kitchen and adjoining living area designed for comfortable everyday living. Outside, the low maintenance allotment provides manageable outdoor space, making it an attractive option for both tenants and landlords alike.
The property represents a fantastic opportunity to secure an affordable investment with immediate rental income from tenants who have made the property their home for many years.
Conveniently located within easy reach of local schools, shopping facilities and everyday amenities, this is a straightforward investment with the potential to add value in the future should you choose to update the home. Whether you're looking to expand your investment portfolio or enter the property market, this is an opportunity worth considering.
FOR THE INVESTOR
Periodic lease
Current rent: $280 per week
Return of 5.8%
Rent appraisal: $280 - $320 per week (16/07/2026)
Land: 594m2 (Approx.)
Year Built: 1954
Equivalent main area: 91m2 (Approx.)
Zoning: SN - Suburban Neighbourhood
Easements: YES
Water available: YES
Sewer available: NO (Community Waste Water System)
Council Rates: $2,518.95 Per annum (2026/27)
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy, and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.
Features
3 bedrooms
1 bathroom
directions_car3 carspaces
directions_car1 carport space
2 open car spaces
91 m² floor area
crop_free594 m² lot size
cottageUnit
Property history for 58 Elizabeth Terrace
2024
Sold
$332,000
08 Dec 2024 by Charmaine Budd, of Ray White Port Augusta | Whyalla
2017
Rented
Undisclosed
Leased on 15 Jul 2017 by Ray White Port Augusta | Whyalla
Happy sellers in Port Augusta
92%
sentiment_very_satisfied
92% of sellers in Port Augusta reported that their sale price either exceeded or met their price expectations.
Port Augusta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 12 reviews in Port Augusta over the last 12 months.
Local market activity for 3 bedroom units in Port Augusta
Sold
For Sale
For Rent
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