32A And 32B Moculta Road, Angaston SA 5353

This property represents an exceptional investment chance with the added benefit of future development potential, pending planning approval. It is ideally located in the heart of Angaston, within walking distance to the town center as well as Angaston Primary School and Kindergarten. This positioning offers a combination of steady rental income and potential for long-term capital growth.

Situated on a generous allotment of approximately 1,067 square meters, the property includes two robust double-brick units. Each unit contains two bedrooms and one bathroom, offering practical and affordable living spaces. The structures date back to 1982 and provide a comfortable retreat in a widely sought-after location.

The sizeable allotment not only accommodates the existing units but also offers the potential for further development. With the necessary planning consents, investors can capitalize on the opportunity to construct up to two additional units. This unique prospect allows for starting with an established dual rental income property with the possibility to expand to four separate dwellings, thereby enhancing rental returns and the overall value of the asset.

Both residences currently have secured tenancies, delivering immediate income from acquisition. Unit A's lease extends until November 2026, and Unit B's lease is secured until January 2027, providing reliable cash flow for investors.

This property caters especially well to those looking for a robust investment with a development upside or a combination of both. It constitutes a versatile and income-generating asset in one of the Barossa Valley region's most desirable townships, providing both security and growth potential.

The property also comes with relevant title information and zoning: Certificate of Title reference 5292/55 and designated as Neighbourhood zoning. The site falls under the jurisdiction of Barossa Council, with annual council rates noted at $2752 and SA Water charges around $279.61.

Entry to any scheduled open home or private inspection requires attendees to provide proof of identification. Refusal to present identification may result in denied entry.

Please note that all information provided, including the land size, floor plans, building age, and general property details, have been gathered from sources deemed reliable, though accuracy cannot be guaranteed. Prospective buyers should verify the information independently and seek their own legal advice. If the property is auctioned, the Vendor's Statement will be available for inspection at the agent's office for three business days prior to the auction and 30 minutes before the auction starts.