UNDER CONTRACT

Welcome to 5 Hipwell Street, a practical brick home that offers comfortable living for someone looking to get into the market as a first home buyer, or an ideal investment opportunity in Port Augusta.

Featuring a functional 5 main room layout, this property features 3 good-sized bedrooms and a functional bathroom that provides all the necessary amenities. Built in 1973, this home is a perfect option for first-time home buyers or investors seeking a solid property in a desirable location. You'll appreciate the combination of split system and wall unit air conditioning and ceiling fans that provide year-round comfort.

The home is set on a generous corner allotment approximately 865m2, providing ample outdoor space. The garage and carport offer secure off-street parking for multiple vehicles. A rainwater tank in the rear yard is a great addition, and the yards require minimal maintenance, making it a great rental property.

For investors, there is a fixed tenancy in place until 19/10/2023 at $260 per week rent, and has had a recent rent appraisal of $260 - $280 per week, offering a return on investment of 6.7% - 7.2% at full purchase price.

Located in close proximity to main services, schools, and parks/playgrounds, this property is well-positioned to take advantage of all the conveniences that this area has to offer.

If you're looking to get into the market at an affordable price point or looking for a promising investment property, contact Charmaine on 0428 656 181 for more information or inspection!

FOR THE INVESTOR

Fixed tenancy: 21/10/2022 - 19/10/2023
Rent per week: $260
Rental appraisal: $260 - $280 per week (appraised 3/4/2023)
Rent return: 6.7% - 7.2%

Land: 865m2 (approx)
Year Built: 1973
Equivalent main area: 120m2
Council rates: $2,317.62 p.a.(2022/23)
Zoning: Suburban Neighbourhood
Easements: Yes
Water available: Yes
Sewer available: No

Explore the area

School catchments

Seaview Christian College Combined R-12 Independent 0.24km
Augusta Park Primary School Primary R-6 Government 0.51km
Open Access College - Port Augusta School of the Air Campus Combined Government 0.60km
Willsden Primary School Primary R-6 Government 0.81km
Port Augusta Secondary School Secondary 7-12 Government 1.3km
Carlton School Combined R-9 Government 1.4km
Port Augusta West Primary School Primary R-6 Government 3.1km
Caritas College Combined R-12 Catholic 3.5km
Flinders View Primary School Primary R-6 Government 3.9km
Stirling North Primary School Primary R-6 Government 5.5km
Quorn Area School Combined R-12 Government 29.2km
Wilmington Primary School Primary R-6 Government 34.4km
Melrose Primary School Primary R-6 Government 52.5km
Hincks Avenue Primary School Primary R-6 Government 61.9km
Fisk Street Primary School Primary R-6 Government 62.1km
Samaritan College - St John's Campus Combined R-12 Catholic 62.2km
Samaritan College - St Teresa's Campus Combined Catholic 62.6km
Samaritan College - Our Lady Help of Christians Campus Combined Catholic 63.0km
Whyalla Secondary College Secondary 7-12 Government 63.1km
Sunrise Christian School Whyalla Combined R-10 Independent 64.5km
Booleroo Centre District School Combined R-12 Government 67.8km
John Pirie Secondary School Secondary 7-12 Government 79.0km
St Mark's College - Benedict Campus Combined Catholic 79.4km
Mid North Christian College Combined R-12 Independent 81.2km

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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