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About this property
Offered as a whole, this group of four single-level units presents an outstanding investment opportunity, with a strong history of long-term tenancies and consistent rental returns. Add to your SMSF portfolio. Situated on a generous allotment of approximately 1050m² and currently returning in excess of $90,000 per annum, this property is sure to appeal to the astute investor. The property has undergone major upgrades in recent years. Unit 4 was newly built approximately six years ago, while the remaining three units have been updated and improved. Additional enhancements include new carports, new concrete driveways, and landscaped grounds. Each unit offers comfortable living with two bedrooms, spacious open-plan living areas, modern kitchens and bathrooms with separate laundries. All units include private rear yards, and there is also a shed providing storage. Positioned in a convenient location, this is a rare opportunity to secure a quality investment with excellent future potential. Key Features Group of 4 single-level units on one title fully tenanted Currently returning in excess of $90,000 per annum Situated on approximately 1050m² of land Property upgraded 6 years ago new electrical and plumbing to the units Unit 4 built approximately 6 years ago Three existing solid brick units upgraded and improved Modern kitchens Separate laundries Private rear yards for all units New carports New concrete driveways and yards Landscaped grounds Close to Port Adelaide, transport, shops and amenities Potential to redevelop or sell individually (STCC) Close to all facilities..! Don't miss this amazing opportunity.! TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site. FOR DEFINITE SALE....! OPEN INSPECTIONS WILL BE CONDUCTED ONLY AT THE TENANTS AVAILABILITY. For more information call: Larry Finis on 0400 600 422 or Raffaele Spano on 0427 305 089 TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site. Please note: [ The vendors have asked to make no price representation ] NB: RECENT SALES AVAILABLE ON REQUEST OR AT OPEN INSPECTIONS. PLEASE NOTE: THE FORM 1 AND SEARCHES: VENDOR'S STATEMENT (SECTION 7) LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 WILL BE MADE AVAILABLE TO THE PUBLIC AT BELLE PROPERTY WEST LAKES 75/155 BREBNER DRIVE WEST LAKES SA FOR 3 CLEAR BUSINESS DAYS PRIOR TO THE AUCTION OR 30 MINUTES PRIOR TO THE AUCTION STARTING Neither agent or vendor accept any liability for any error or omission relating to this property. We apologize for any inconvenience this may cause however, we would like to thank you for your cooperation. RLA 288 738
Property Details
- Property Type
- land
- Listing Type
- Sold
- Bedrooms
- 8
- Bathrooms
- 4
- Parking
- 4
- Land Area
- 1050 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Ottoway
This 8-bedroom land in Ottoway, SA 5013 sits within reach of public transport, local shops local amenities.
What's nearby
- Stop 33 Eastern Parade - South West side (bus) — 69 m away
- Ray & Anne's Tackle & Marine — 341 m away
- S N Davey Reserve — 136 m away
- Martin Court Reserve — 230 m away
- Emerald Park Reserve — 244 m away
Ottoway at a glance
Full suburb profile- Population
- 2,783
- Median age
- 37
- Household income
- $1,221/wk
- Median rent
- $275/wk
- Median mortgage
- $1,408/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Ottoway price trend
Median sold · House 3 bed
Compound growth +13.5% / yr over 4 yrs
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