27 Frome Street
Port Augusta, SA 5700

Overview

A smart investment opportunity with dual income

This property presents an exceptional investment opportunity featuring two low maintenance duplex units situated on a generous approximately 580 square meter allotment. Located in a convenient and well-connected area, it is ideal for investors seeking to expand their portfolio. The location offers proximity to key amenities including the TAFE SA campus, Central Sporting Oval, and the central business district, enhancing its appeal.

Each unit is designed with functionality and practicality in mind, sharing an identical layout that maximizes space and comfort. The open-plan design integrates the kitchen, living, and dining areas, creating a seamless flow and a comfortable living environment. The kitchen is well-maintained and suitable for everyday meal preparation, with easy access to the dining area.

The accommodation includes two well-sized bedrooms per unit. The main bedroom features a built-in robe and ceiling fan, providing added comfort. A linen cupboard is conveniently located in the hallway, offering practical storage solutions for the bedrooms and bathroom. The bathroom is spacious and includes a toilet, shower, and vanity, catering to the needs of residents.

Externally, each unit benefits from its own garage and private courtyard, offering tenants a secure and easily maintained outdoor space. Additional features include a shared garden shed and individual clotheslines for each unit. Security is enhanced with roller shutters fitted to all windows.

Investment details for Unit One include a fixed lease from October 17, 2025, to October 16, 2026, with a current rental income of $300 per week, reflecting a 3.3% return. The rent appraisal ranges between $290 and $330 per week as of March 27, 2026. Unit Two is currently vacant and advertised at $330 per week, with a similar rent appraisal range.

The property was constructed in 2007 and is zoned as Suburban Neighbourhood (SN). It has no easements, and both water and sewer services are available. Council rates for the 2025/26 period are approximately $3,877.22 per annum.

Prospective buyers are advised to verify all information independently, including land size and other measurements, as these are approximate. It is recommended to consult local government authorities for development inquiries and site requirements. This property offers a smart investment choice with dual income potential in a sought-after location.

Location