Please contact Danielle Comer from Magain Real Estate for all your property advice.
A superb investment opportunity in a high-demand rental pocket, this well-presented 3-bedroom home sits proudly on a valuable 680m² corner block and is securely leased until October 2026 at $560 per week, offering instant income and long-term stability.
The updated kitchen, combustion heater, evaporative cooling, multiple parking spaces and spacious rear yard make the home highly appealing to quality tenants, while the rare dual-frontage corner position provides attractive subdivision or redevelopment potential (STCC) for future value-add.
With rental demand in the area continuing to strengthen and low vacancy rates across Morphett Vale, the property is well placed for a rent review at the end of the current lease, with market indicators supporting an estimated increase to around $590 per week, further enhancing yield and investment performance.
This is a low-maintenance, set-and-forget opportunity that combines reliable cash flow, solid capital growth prospects, and attractive long-term planning options in one of the southern suburbs' most consistently performing locations.
Please note that all floorplans, photos, and text are for illustrative purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
Magain Real Estate Happy Valley
RLA | 222182
