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DuplexSemi-detached

1 Symonds Street & 48 Edinburgh Terrace PORT AUGUSTA, SA 5700

Sold for $391,000 on 12 Jun 2025Floorplan
  • 6 Beds
  • 2 Baths
  • 5 Cars
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1 Symonds Street & 48 Edinburgh Terrace, PORT AUGUSTA, SA 5700

DuplexSemi-detached in PORT AUGUSTA

SOLD

  • 6 Beds
  • 2 Baths
  • 5 Cars

Presenting a tidy duplex on 48 Edinburgh Terrace and 1 Symonds Street - Positioned across a corner block this duplex is a must have investment! Generating a weekly income of $555, both units offer a combined rent return of 8%.

In each unit there is a spacious living room, combined kitchen/dining area, three large bedrooms and a bathroom. Although sharing a similar layout, each has different features. Unit 1, 48 Edinburgh Terrace features a white modern bathroom with sleek black fittings and large built-in wardrobe in the third bedroom. Additionally, the house has a large carport with an adjoining undercover entertainment area. Whereas Unit 2, 1 Symonds Street, features a 'sleep out', at the back of the house for extra storage. The units share a shed that has a dividing wall, to split the sides and have their own private yard with water tanks.

Presenting well with a strong rent return and minimal maintenance, this duplex is the perfect opportunity for investors seeking a reliable and steady source of income.

FOR THE INVESTOR
UNIT 1 - 48 Edinburgh Terrace
Fixed Lease: 7/2/25 - 6/2/26
Current Rent: $285 Per Week
Rental Appraisal: $280 - $300 per week (21st May 2025)

UNIT 2 - 1 Symonds Street
Fixed Lease: 30/11/24 - 28/11/25
Current Rent: $270 Per Week (Rent adjustment for 6/6/25 - $285)
Rental Appraisal: $270 - $290 per week (21st May 2025)

Current Rent Return: 8%

Land: 1155m2 (Approx.)
Year Built: 1957
Equivalent main area: 91m2 (Approx.)
Zoning: SN - Suburban Neighbourhood
Easements: NO
Water available: YES
Sewer available: NO
Council Rates: 48 Edinburgh Terrace $2,414.56 p.a | 1 Symonds Street $2,457.67 p.a

Contact Charmaine today on 0428 656 181 and make the most of this opportunity!

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.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

Building:

182m²

Land:

1,144m² / 0.28 acres

Parking:

2 garage spaces, 1 carport space and 2 off street parks

Bedrooms:

6

Bathrooms:

2