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Overview
Located in the established township of Renmark, this unique property offers a distinctive opportunity as a dual-income block of units. The address, 82 Sixteenth Street, consists of two generous residences, each thoughtfully designed to offer three bedrooms, providing a combined total of six bedrooms and two bathrooms. This setup affords excellent flexibility, whether for investors seeking to grow their portfolio through multiple rental incomes or for extended families valuing both privacy and proximity.
Each unit features an open-plan living and dining area that maximises natural light, creating inviting spaces to relax or entertain. The kitchens are practical with ample storage, supporting everyday culinary needs with convenience. The bedrooms are designed with comfort in mind, suitable for long-term living and ease of maintenance.
- Private outdoor spaces for each unit enhance the living experience by providing personal zones for recreation or gardening.
- Off-street parking for two vehicles adds practical convenience, beneficial for residents and visitors alike.
- The property's land area of approximately 950 square meters offers a sizable footprint for the units, supporting potential outdoor enhancements or further developments subject to council approvals.
Built in 1983, the property benefits from established infrastructure, including connection to SA Water and governance under the District Council of Renmark Paringa. Its location places it a short distance from the town's shopping precinct, schools, sporting facilities, and the picturesque River Murray, adding lifestyle value and convenience for residents.
This versatile block of units is particularly suitable for those seeking to diversify investment income streams or for families preferring dual accommodation arrangements that balance independence with communal proximity. The manageable scale and layout also tend to appeal to owner-occupiers who benefit from rental offset opportunities.
In summary, 82 Sixteenth Street delivers a blend of functional design, investment potential, and location advantages that together create an appealing prospect in the Renmark market.
Local Market Insights
In South Australia - South East, Quiet Listings observed 25 new units entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $315,500. The property type mix of listed properties is predominantly Houses at 61%, followed by land (25%), and units (5%). Key2Sale was the most active agency in this area, representing 18.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Renmark SA 5341
