Residential
Explore
Sold
9-13/5 Dennis Street,
Port Augusta 5700, South Australia
$465,000
Property details
-
Agents
UNDER CONTRACT
What a great opportunity at hand for those looking to expand their investment portfolio!. 5 well presented and low maintenance brick units with a return of 8.6%. All units are currently tenanted, with a rental income of $800 in total per week.
The units are located on a large corner block close to schools/kindergartens, pharmacy, takeaway/deli shop and transport. Each unit offers 1 bedroom, an open kitchen/living area and a good sized bathroom/laundry.
The current owners have completed a number of upgrades to the property including:
Repair and completion of firewalls
Installation of roof insulation in all units
Hot water systems replaced in units 10 and 13
New Air conditioning units in units 9, 11 and 13
Electrical work to replace old sub-boards, circuit breakers installed, external lights for each unit replaced and exhaust fans installed in all bathrooms
This is a great opportunity to start or add to an existing investment portfolio! Contact Charmaine Budd on 0428 656 181 for more information.
FOR THE INVESTOR
Current Rent Per Week: $160 per unit (with potential to increase)
ROI: 8.6%
Further tenancy information available upon request
Land: 1,330m2
Year Built: 1976
Council Rates: $1,526.88 p.a (per unit) (2022/23)
Zoning: Suburban Neighbourhood
Easements: NIL
Water available: YES
Sewer available: YES
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
The units are located on a large corner block close to schools/kindergartens, pharmacy, takeaway/deli shop and transport. Each unit offers 1 bedroom, an open kitchen/living area and a good sized bathroom/laundry.
The current owners have completed a number of upgrades to the property including:
Repair and completion of firewalls
Installation of roof insulation in all units
Hot water systems replaced in units 10 and 13
New Air conditioning units in units 9, 11 and 13
Electrical work to replace old sub-boards, circuit breakers installed, external lights for each unit replaced and exhaust fans installed in all bathrooms
This is a great opportunity to start or add to an existing investment portfolio! Contact Charmaine Budd on 0428 656 181 for more information.
FOR THE INVESTOR
Current Rent Per Week: $160 per unit (with potential to increase)
ROI: 8.6%
Further tenancy information available upon request
Land: 1,330m2
Year Built: 1976
Council Rates: $1,526.88 p.a (per unit) (2022/23)
Zoning: Suburban Neighbourhood
Easements: NIL
Water available: YES
Sewer available: YES
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Explore the area
School catchments
- Open Access College - Port Augusta School of the Air Campus Combined Government 0.45km
- Augusta Park Primary School Primary R-6 Government 0.62km
- Carlton School Combined R-9 Government 0.77km
- Seaview Christian College Combined R-12 Independent 1.1km
- Port Augusta Secondary School Secondary 7-12 Government 1.1km
- Willsden Primary School Primary R-6 Government 1.6km
- Port Augusta West Primary School Primary R-6 Government 2.6km
- Caritas College Combined R-12 Catholic 3.0km
- Flinders View Primary School Primary R-6 Government 3.2km
- Stirling North Primary School Primary R-6 Government 5.9km
- Quorn Area School Combined R-12 Government 28.8km
- Wilmington Primary School Primary R-6 Government 34.9km
- Melrose Primary School Primary R-6 Government 53.1km
- Hincks Avenue Primary School Primary R-6 Government 62.6km
- Fisk Street Primary School Primary R-6 Government 62.8km
- Samaritan College - St John's Campus Combined R-12 Catholic 62.9km
- Samaritan College - St Teresa's Campus Combined Catholic 63.4km
- Samaritan College - Our Lady Help of Christians Campus Combined Catholic 63.7km
- Whyalla Secondary College Secondary 7-12 Government 63.8km
- Sunrise Christian School Whyalla Combined R-10 Independent 65.2km
- Booleroo Centre District School Combined R-12 Government 68.5km
- John Pirie Secondary School Secondary 7-12 Government 79.8km
- St Mark's College - Benedict Campus Combined Catholic 80.2km
- Mid North Christian College Combined R-12 Independent 82.0km
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.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact Charmaine Budd
Contact Charmaine Budd
Charmaine Budd
9-13/5 Dennis Street, Port Augusta SA 5700
Request a callback
Charmaine Budd
9-13/5 Dennis Street, Port Augusta SA 5700