120 Flinders Terrace, Port Augusta SA 5700

Property Details: • Type: House

• Bedrooms: 2 • Bathrooms: 1

Description: 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.