Set in a convenient location within walking distance to a primary school, medical centre, pharmacy, and a handy corner deli, this solid investment package comprises of three units on the one title. Built circa 1987.
Two units are in the process of being leased, and one is currently tenanted, the property will generate a strong weekly rental income of approx $670 p.w upon full occupancy. This presents an ideal opportunity for investors.
Two of the units are attached, while the third enjoys the privacy of a standalone layout. Each unit features:
With its practical design, reliable tenancies, and rental return, this is a rare chance to secure a multi-income property.
An added bonus - another identical set of units is available just metres away. Refer to the separate listing for details - Units 1,2 & 3/40 Forster Street Port Augusta
Current tenancy details, rent and quarterly water contributions;
Unit 1/36 Forster - Proposed tenancy - $240.00 per week - plus $100 water contribution per quarter
Unit 2/36 Forster - Fixed lease: 13/06/2025 to 12/06/2026 | $220 per week - plus $100 water contribution per quarter
Unit 3/36 Forster - Proposed tenancy - $210.00 per week - plus $100 water contribution per quarter
Council Rates (2024/2025): $4,947.40 p.a (combined)
