Exceptional Dual-Income Investment

Ideally positioned in a peaceful pocket of Bedford Park, just a short walk to Flinders University, Flinders Medical Centre and Flinders Railway Station, these two Torrens Title side-by-side townhouses present a rare and versatile dual-income opportunity, currently generating a combined rental return of $1,330 per week.

Each property offers exceptional flexibility and can be purchased together or separately, appealing to investors, extended families, or those seeking to live in one and lease the other.

1/39 Malcolm Street

Designed for comfort and practicality, this two-level townhouse features two self-contained residences.
The upstairs unit (1A) comprises three bedrooms and one bathroom, with soaring vaulted ceilings that create an open, airy feel. The living area includes gas heating, air conditioning and ceiling fans for added comfort, while large windows fill the space with natural light.

Downstairs, the two-bedroom unit (1B) offers easy-care living with a spacious layout and direct access to the rear yard - perfect for outdoor enjoyment. An undercover car space and private entrance add further convenience.

2/39 Malcolm Street

Mirroring its neighbour in both design and flexibility, this townhouse offers two separate residences with generous proportions and plenty of appeal.
The upstairs unit (2A) features three bedrooms, one bathroom and high vaulted ceilings, with the added bonus of distant coastal views. The living area is equipped with gas heating, air conditioning and ceiling fans, ensuring year-round comfort.

The downstairs unit (2B) offers two bedrooms, a well-sized living area and private yard access, providing an inviting space for residents or tenants alike. An undercover car space completes this functional and well-designed home.

Additional Features
• Dual-income investment opportunities
• Currently generating a combined $1,330 per week in rental income
• Gas hot water systems
• Separate electricity meters
• Shared gas and water per dwelling
• Vaulted ceilings and distant coastal views upstairs
• Combination of off-street and undercover parking

Specifications:
Land size 1/39: 479sqm (approx)
Land size 2/39: 501sqm (approx)
Year of build: 1983
Title: Torrens
Zoning: Hills Neighbourhood
Council rate1/39: $1461 PA
Council rate 2/39: $1461 PA

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.

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School catchments

Australian Science and Mathematics School Secondary 10-12 Government 0.65km
Sunrise Christian School Marion Combined R-9 Independent 1.3km
Darlington Primary School Primary R-6 Government 1.8km
Seaview High School Secondary 7-12 Government 1.8km
Stella Maris Parish School Primary R-6 Catholic 1.9km
Bellevue Heights Primary School Primary R-6 Government 2.1km
Marion Primary School Primary R-6 Government 2.6km
Sports College South Australia - Mitchell Park Campus Secondary Independent 2.6km
St Bernadette's School Primary R-6 Catholic 2.7km
Eden Hills Primary School Primary R-6 Government 2.7km
Westminster School Combined R-12 Independent 2.9km
Clovelly Park Primary School Primary R-6 Government 3.0km
Hamilton Secondary College Secondary 7-12 Government 3.1km
Christ the King School Primary R-6 Catholic 3.2km
IQRA College Combined R-12 Independent 3.2km
Seaview Downs Primary School Primary R-6 Government 3.3km
Sacred Heart College - Champagnat Campus Combined Catholic 3.4km
Flagstaff Hill Primary School Primary R-6 Government 3.4km
Warradale Primary School Primary R-6 Government 3.6km
Blackwood High School Secondary 7-12 Government 3.6km
Springbank Secondary College Secondary 7-12 Government 4.2km
Dara School Combined R-10 Independent 4.5km
Brighton Secondary School Secondary 7-12 Government 4.9km
Sports College South Australia - Edwardstown Oval Secondary Independent 4.9km
Sacred Heart College - Marcellin Campus Combined 7-12 Catholic 5.2km
St John's Grammar School - Secondary Campus Combined Independent 5.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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