An exciting opportunity for investors with future development potential (subject to planning consent), this rare offering is perfectly positioned in the heart of Angaston. Conveniently located within walking distance of the town centre and close to Angaston Primary School and Kindergarten, the property combines immediate rental returns with long-term growth opportunities.
Set on a substantial 1,067m² (approx.) allotment, the property comprises two solid double-brick units, each offering two bedrooms and one bathroom. Originally constructed in 1982, the units provide comfortable and affordable accommodation in a highly sought-after location.
The generous allotment presents the potential to further enhance the property by constructing up to two additional units, subject to the necessary planning consents. This creates a unique opportunity for investors to start with an established dual-income asset and potentially expand to four dwellings over time, increasing both rental income and overall asset value.
Both units are currently tenanted, providing immediate income from day one. Unit A is leased until November 2026, while Unit B is secured until January 2027.
Whether you are seeking a strong investment, a future development project, or a combination of both, this outstanding property presents a rare opportunity to secure a versatile and income-producing asset in one of the Barossa's most desirable townships.
For all enquiries contact Sara 0407 775 951 or Andy on 0401 172 140.
CT | 5292/55
Zoning | Neighbourhood
Council | Barossa
Council Rates| $2752
SA Water | $279.61
It is a condition of entry at any of Marx Real Estates open homes and private inspections that we may ask to site an attendees proof of identification. In the instance of refusing to provide proof of identity, refusal of entry may occur.
DISCLAIMER: All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
