194 & 194A Mead Street
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About this property
Approx. $1,200 Per Week Rental Return | Ideal for SMSF & Savvy Investors Some investments simply work harder than others. Welcome to 194 & 194A Mead Street, Largs North-a rare dual-key property delivering two self-contained residences on one title, multiple income streams and the kind of flexibility investors search for but rarely find. Whether you're building a Self-Managed Super Fund portfolio, expanding your investment holdings or seeking a high-performing property with strong rental demand, this is an opportunity designed to generate income from day one. Front Residence A fully self-contained home featuring: • 1-2 bedrooms • Spacious open-plan living • Well-appointed kitchen • Renovated bathroom/laundry • Independent front and side access Ideal for long-term tenants, short-stay accommodation or extended family. Rear Residence Offering generous family accommodation with: • 3-4 bedrooms • Two separate living areas • Galley-style kitchen • Renovated bathroom • Separate laundry • Third toilet • Dry cellar • Large backyard • Oversized garage Together, the property provides an estimated rental return of approximately $1,200 per week, delivering immediate cash flow with the added benefit of two independently occupiable residences. Why Investors Love Largs North Largs North continues to attract strong investor attention thanks to its strategic location between Adelaide's coastline, Port Adelaide's ongoing revitalisation and major employment hubs. Minutes from beautiful beaches, local cafés, public transport, quality schools and shopping, the suburb also enjoys easy access to the CBD, Osborne Naval Shipyard, Techport Australia and significant defence industry investment-supporting strong tenant demand and long-term growth potential. For SMSF investors, this is the type of asset that combines: • Strong rental yield • Diversified income from two residences • High tenant appeal • Excellent long-term capital growth prospects • A low-maintenance addition to a growing portfolio Dual-income opportunities of this calibre are tightly held and increasingly difficult to secure. One title. Two incomes. Exceptional flexibility. Outstanding investment potential. Enquire today to secure one of Largs North's most compelling investment opportunities. RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 509 m²
- Listed
- Yesterday
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Neighbourhood
Living in Largs Bay
This 5-bedroom land in Largs Bay, SA 5016 sits within reach of public transport, local shops and nearby schools.
Schools near Largs Bay
- Largs Bay Schoolprimary · R-6 · CoEd
What's nearby
- Largs (train) — 62 m away
- The Cutting Concept — 415 m away
- Unnamed — 628 m away
- Almond Tree Flat — 727 m away
- Hargrave Reserve — 849 m away
Largs Bay at a glance
Full suburb profile- Population
- 4,104
- Median age
- 46
- Household income
- $1,886/wk
- Median rent
- $315/wk
- Median mortgage
- $1,800/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Largs Bay price trend
Median sold · House 3 bed
Compound growth +8.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Largs Bay marketSide-by-side analysis
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