317/2-6 Pilla Avenue,
NEW PORT 5015, South Australia

Offering immediate, effortless cash flow, this premium waterfront apartment delivers an unmatched blend of high-yield security and prime real estate fundamentals. Positioned within the prestigious New Port precinct, this expansive 117sqm residence is securely leased until August 2028 at an impressive $1,200 per week, generating $62,400 per annum (approx. 7% gross return). With the option to purchase fully furnished, this is a genuine turn-key asset requiring zero downtime or capital outlay.

The property offers a strategic dual-appeal: secure blue-chip corporate cash flow today, with the built-in flexibility to transition into a luxury, low-maintenance coastal downsizer upon lease conclusion.

You'll love:
- Leased to an established corporate tenant through to August 2028 at $1,200 per week ($62,400 p.a.), offering an immediate ~7% gross yield (approx) and guaranteed income stability.
- 117sqm of light-filled living space, representing one of the largest two-bedroom floorplans constructed within the New Port waterfront masterplan.
- Private entertainer's balcony capturing sweeping, uninterrupted views across the Port River, historic Hart's Mill, and surrounding water activity.
- Generous master bedroom featuring a private ensuite; plus central main bathroom complete with a luxury spa bath.
- Two secure underground car parks with direct lift access.
- Exclusive access to private complex facilities including an indoor swimming pool, spa, sauna, steam room, and gym.
- Option to purchase fully furnished and fully equipped down to housewares and electronics.
- Located on the doorstep of the Osborne Naval Shipyard and expanding AUKUS submarine infrastructure precinct, underpinning sustained executive and defence-contractor rental demand for years to come.

Secure your foothold on the water at today's pricing, collect consistent executive returns over the remainder of the corporate tenure, and step into an enviable, lock-and-leave coastal lifestyle when you are ready to make your personal move.

Full due diligence documentation is prepared and accessible via our private purchaser portal.

Contact Kate Richards today on 0413 336 287 to arrange your inspection or request portal access.

Purchaser Portal:
Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:

https://portal.reaforms.com.au/purchaser/unit-317-2-6-pilla-avenue-new-port-sa-5015-21c81uc2yd6psqyjbc9ppct95

For more information:
Please contact the selling agent/s directly, we welcome any enquiry on this exciting property listing.
Best offer by midday 16th November 2026.

*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Denham Morris Realty Pty Ltd RLA: 343783 does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.