1-6/4 Davey Street, Parkside SA 5063

Property Details: • Type: Block of Units

• Bedrooms: 12 • Bathrooms: 6

Description: Entire Block of Six Refurbished Units on separate strata titles 4 Davey Street, Parkside SA A rare opportunity to acquire an entire block of six individually titled units in one of Adelaide's most sought-after blue-chip suburbs. Architecturally designed this premium investment delivers strong immediate income with outstanding long-term capital growth potential. Net Rental Return: Approx. $174,720 per annum (2026) Six Separate Titles: Flexibility for future resale or strata subdivision Prime City-Fringe Location: High rental demand and exceptionally low vacancy Investment Highlights Fully refurbished complex with contemporary appeal; each with own spacious balcony or courtyard garden Strong tenant retention and consistent rental performance Six individually titled units sell down individually or retain as a high-yielding portfolio Excellent depreciation benefits with minimal ongoing capital expenditure Within the Glenunga International High School catchment zone one of Adelaide's most sought-after educational precincts Walking distance to cafés, shops, parks, and everyday conveniences Close to all local services, including transport, healthcare, and major retail Located in Parkside, one of Adelaide's most tightly held and consistently outperforming suburbs The Perfect Investment Combination Offering the ideal blend of income security, capital growth, and long-term flexibility, this is a set-and-forget investment in a premium lifestyle location with enduring demand. Council Rates $1,024 pa - per unit Water Rates $176.30pq - per unit