Sold

4-6 Mealy Street,
Port Augusta 5700, South Australia

5 bedrooms
2 bathrooms
6 car spaces
1,250m² land size
216m² building size
House

$261,000


UNDER CONTRACT

A double maisonette on one title - the perfect opportunity to start or expand your investment portfolio in Port Augusta! Set on a large total allotment size of approximately 1,250m2, with a rent return of 9.4% - 9.6%, this is an opportunity not to be missed!

Providing 3 Bedrooms and 1 Bathroom in one dwelling, and 2 Bedrooms and 1 Bathroom in the other, this set of maisonettes presents a great investment for the buyer looking for a dual income opportunity. One side has undergone some upgrades and had a fresh paint throughout, ready to put tenants in!

FOR THE INVESTOR

Rental Appraisal: 4 Mealy - $220 - $230 per week / 6 Mealy - $260 per week (Appraised 5th December 2022)
ROI: 9.4% - 9.6%

Don't hesitate to contact Charmaine Budd on 0428 656 181 for more information or inspection!

Land: 1,250m2
Year Built: 1971
Equivalent main area: 108m2 per dwelling
Council Rates: $2,064.85 per dwelling p.a. (2022/23)
Zoning: Suburban Neighbourhood
Easements: No
Water available: Yes
Sewer available: No (Septic System)

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.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

Explore the area


School catchments

  • Seaview Christian College Combined R-12 Independent 0.16km
  • Augusta Park Primary School Primary R-6 Government 0.46km
  • Open Access College - Port Augusta School of the Air Campus Combined Government 0.62km
  • Willsden Primary School Primary R-6 Government 0.81km
  • Carlton School Combined R-9 Government 1.5km

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.


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