Port Augusta RLA 216874
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  • 1 to 4/58 Barry Street, PORT AUGUSTA, SA 5700

1 to 4/58 Barry Street, Port Augusta, SA 5700

  • 8 Bed
  • 4 Bath
  • 8garages

Sold

Sold for $650,000 on Jun 25, 2024

Great Investment Opportunity!

This group of 4 well-presented units would make an ideal addition to your property portfolio or your self-managed superannuation fund and boasts a gross rental income of $1,120 per week ($58,240 per annum). The units are of brick veneer construction with tiled roofs and each consisting of good size living room, 2 double bedrooms, nice kitchens and adjacent dine area, main bathroom with bath and separate toilet and laundry. All have air conditioning, single carport plus room for second vehicle and small manageable rear yards. Located near, transport. school and kindy. The vendor is looking for offers that will provide the new owner with a gross return of between 8% to 9% per annum. For more details on leases etc., please contact the agent via email: [email protected]

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avatar Greg Kipling
Greg Kipling
Principal

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Property Info:
  • Property ID: L27778408
  • Property Type:House
  • Carports:4
  • Open Parking:4
  • Land Area:1300 sqm
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R&H Suburb Profile: Port Augusta
R&H Suburb SummaryHouses
Number of sales135
Average Price$214,654
Median Price$218,000
Median Rental Price$320 p.w.
Change in Rental Rate (5yr)56 %
R&H Suburb SummaryUnits
Number of sales7
Average Price$346,857
Median Price$300,000
Median Rental Price$260 p.w.
Change in Rental Rate (5yr)55 %
Median Trend - $218,000
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