Secure your investment future with this excellent multi-dwelling opportunity.
Comprising three low-maintenance 2-bedroom units on one title, this property offers an attractive combination of multiple rental incomes, established tenancies and low-maintenance living.
Built in approx. 1993 with solid brick veneer construction, all three units are designed for easy-care investment living and feature:
- Two bedrooms
- Ducted evaporative air conditioning
- Tiled bathrooms with shower alcoves
- Open-plan living, dining and kitchen areas
- Separate tiled laundry
- Carport for each unit
- Concrete driveway
- Private backyard to each unit
- Low-maintenance gardens and grounds
Strong Existing Rental Income
All three units are currently tenanted, providing an immediate and diversified rental income stream:
- Unit 1: Leased to Pirie Health – $240 per week
- Unit 2: Leased to Pirie Health – $300 per week until November 2026
- Unit 3: Leased at $230 per week until December 2026
Total current rental income: $770 per week
Annual rental income: $40,040
- Council rates: approx. $3,684/year
- Emergency Services Levy: approx. $78/year
- SA Water supply: approx. $352/year
- Sewer supply: approx. $412/year
With three separate dwellings on a single title, this property presents an appealing opportunity for investors seeking multiple income streams from one asset.
An ideal addition to an investment portfolio, particularly for buyers looking for strong rental income, established tenants and a low-maintenance property.
Enquire today to arrange an inspection and discover the potential of this unique investment opportunity.
RLA 172 571
Property Code: 4431
