Largs

Positioned in the tightly held coastal suburb of Largs North, this ground-floor unit is securely leased to Defence Housing Australia until May 2027, with a further 3-year option remaining at DHA's discretion. Built in 2014 and currently returning approximately $520 per week, the property offers a low-maintenance, professionally managed investment in a location consistently favoured due to its proximity to the coastline and Osborne Naval Shipyard. Practical and easy to manage, the property itself offers comfortable modern living with two bedrooms, open-plan living and dining, and the convenience of ground-floor accessibility. From an investor's perspective, this is the definition of a "set and forget" asset: Secure lease income already in place Professionally managed by DHA Long-term appeal Low-maintenance modern construction Potential suitability for SMSF purchasers Whether you're looking to strengthen your portfolio with a stable income-producing asset, or secure a foothold in one of Adelaide's evolving coastal corridors, this is an opportunity that makes long-term sense. Property Features: Two well-proportioned bedrooms Ground-floor position for ease of access Open-plan kitchen, living and dining area Modern kitchen with quality appliances Central bathroom Dedicated car space Built in 2014 Approx. 73sqm internal living Investment Highlights: DHA lease secured until 19 May 2027 Additional 3-year option remaining at DHA discretion Approx. $520 per week rental return Professionally managed investment Coastal location with long-term growth appeal Suitable for SMSF buyers seeking stable income assets A secure investment with income already in place - quietly performing in the background while Largs North continues to evolve around it. Please contact Simon Tanner on 0402 292 725 for further information or learn more about the advantages of DHA investment at: www.dha.gov.au/investing Specifications: CT / 6151/630 Council / Port Adelaide Enfield Zoning / GN - General Neighbourhood Built / 2014 - Conventional Living Area / 73m2 Nearby Schools / Largs Bay School, Le Fevre Peninsula P.S, North Haven School, Ocean View P-12 College, Le Fevre H.S Note: As this property is under a DHA lease, it is not suitable for owner occupiers. Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 333839