Secure a substantial income-producing asset in the heart of Naracoorte with this outstanding investment opportunity comprising four well-maintained brick units.
Strategically positioned just moments from the town centre and constructed circa 2000, the complex is situated across two separate titles, with two units on each title. This unique arrangement provides valuable flexibility for future ownership strategies, including the potential to divest part of the holding if desired.
Currently generating a combined rental income of $940 per week, the property offers an attractive return from day one, with further scope to enhance income over time. Providing additional peace of mind for investors, all four units are securely leased on fixed tenancy agreements extending until at least May 2027.
Each unit features:
- Two generous bedrooms.
- Central bathroom with separate toilet.
- Spacious living area.
- Split system heating and cooling.
- Functional kitchen with electric appliances.
- Laundry with outside access.
- Undercover car parking space.
- Compact back yard.
Presented in excellent condition throughout, this is a rare opportunity to acquire a quality residential investment with multiple income streams, strong tenancy security, and future flexibility.
Whether you're looking to expand an existing portfolio or secure a high-performing standalone investment, this well-located complex delivers consistent returns in one of the Limestone Coast's most vibrant regional centres.
Private inspections are by appointment only and can be booked with Lee on 0427 620 864, or lee.curnow@elders.com.au.
Council: Naracoorte Lucindale
CT: 5687/529, 5687/570
Land Size: 1,800m2 approx
Rental return: $940 per week total
Council rates: $4,865.85 per annum
Zoning: Neighbourhood
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA62833
