Sold

120 Flinders Terrace,
Port Augusta 5700, South Australia

2 bedrooms
1 bathroom
5 car spaces
582m² land size
85m² building size
House

$305,000


SOLD

Positioned on a generous 582m² allotment within the Suburban Neighbourhood (SN) zoning, this solid 1970-built home presents a practical opportunity for investors or developers seeking immediate income with future upside.

The home offers 2 bedrooms and 1 bathroom and has been renovated throughout, meaning it is ready for tenants to move straight in with minimal upfront work required. Water and sewer are both connected, simplifying holding and future development costs.

Uniquely, the dwelling is situated toward the rear of the block. This configuration opens up clear potential to explore the addition of a second dwelling at the front of the allotment (subject to council consents and approvals). With zoning supportive of suburban infill, this could suit investors looking to maximise land value over time.

Investor Highlights:

• 2 Bed | 1 Bath home
• Land size: 582m²
• Built: 1970
• Zoning: SN - Suburban Neighbourhood
• Water connected
• Sewer connected
• Renovated - move-in ready
• Potential for second dwelling (STCC)
• Rental Appraisal: $330 - $350 per week
• ROI: 6.16% per annum
• Council Rates: TBC

An affordable entry point with development potential and immediate rental return, this property offers flexibility for both long-term investors and those looking to add value.

For further information or to arrange an inspection, contact the Brandon Sherriff today!

Additionally, when looking at properties it's important to have confidence in how much you can borrow. Ray White has partnered with Loan Market who can make this simple and stress free for you. As our customer, you'll receive a complimentary, obligation free chat with our local broker to discuss your options and tailor a lending solution to suit your needs. If you would like to speed up the process, click on the link below to get started today.

https://broker.loanmarket.com.au/natasha-davis/contact/

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

  • Carlton School Combined R-9 Government 0.16km
  • Open Access College - Port Augusta School of the Air Campus Combined Government 1.2km
  • Augusta Park Primary School Primary R-6 Government 1.4km
  • Seaview Christian College Combined R-12 Independent 1.6km
  • Port Augusta West Primary School Primary R-6 Government 1.9km

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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