Positioned in Port Pirie West, this rare investment opportunity offers 29A, 29B, 29C and 29D Rupara Street to be sold as one complete package.
Set on a generous combined allotment of approximately 1,843sqm, the offering comprises four separate dwellings, each featuring 3 bedrooms and 1 bathroom. All properties are currently tenanted and generating a combined rental income of $1,260 per week ($65,520 per annum*), providing immediate returns from settlement.
Whether you're looking to expand an existing portfolio or secure a substantial investment with multiple income streams, opportunities of this scale are seldom offered. Located close to schools, shopping facilities and local amenities, these homes continue to attract strong tenant demand while the substantial land holding offers future potential, subject to the necessary consents.
With established tenancies already in place, investors can enjoy the benefits of immediate cash flow from day one while securing a sizeable residential holding in a convenient location.
Port Pirie continues to experience strong demand for rental accommodation, driven by ongoing investment in industry, infrastructure and essential services. Recent State Government housing initiatives have highlighted a shortage of suitable housing for key workers, including healthcare, education and emergency services personnel. Combined with the region's strategic location and diverse employment base, this continues to support demand for quality rental properties and provides confidence for investors seeking long-term rental appeal.
*Approximate gross rental income.
*Photos are of Site B
Property Information
Torrens Title / CT 6095/247,248,249,250
Total Building / 324 sqm (approx) (81 approx per property)
Total Land / 1843 sqm (approx) (A, B & C approx 450sqm D approx 493sqm)
Year of Build / 2013 (approx)
Zoning / Suburban Neighbourhood
Council / Port Pirie Regional Council
Council Rates / $5871.55 pa (approx)
ESL / $480.90 pa (approx)
Water Supply / $314.40 pq (approx)
Sewerage / $347.80 pq (approx)
Easement / None
Encumbrance / None
Disclaimer:
RLA 345623 - This advert contains information and imagery which is believed to be accurate based on our sources and/or inspections of the property before or at the time of advertising. Prospective purchasers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any purchasing decisions.
