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194 & 194A Mead Street, Largs BayNotice of offer 10th August USP
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194 & 194A Mead Street

Largs Bay, SA 5016, Australia
Notice of offer 10th August…
5 bed 2 bath 4 car509 m²

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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

Repayment calculator

$4,601/month
$2,300 /fortnight
Loan $759,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$189,800
Stamp duty$46,025
Conveyancing (est.)$2,000
Total upfront$237,825
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Concept415 m away
  • Unnamed628 m away
  • Almond Tree Flat727 m away
  • Hargrave Reserve849 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

$1.01mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Largs Bay market

Within 5km

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