18 Edinburgh Terrace, Port Augusta, SA 5700

Unlock your entry into the property market or capitalise on a lucrative investment with 18 Edinburgh Terrace. Positioned as a start-up abode or an enticing rental prospect, this inviting half maisonette showcases 3 bedrooms and 1 bathroom within its 5 main room layout.

Boasting a brick construction built in 1955, and set upon a 405m2 allotment, it presents an ideal opportunity for first-time homebuyers seeking a solid foothold in real estate or astute investors scouting for promising ventures.

For the savvy investor, this property boasts significant rental potential, with an estimated weekly rent ranging between $250 - $270. Such promising returns translate to an impressive rent yield of 7.8% - 8.5%, affirming its status as a sound investment opportunity worth serious consideration.

Whether you're embarking on your property journey or expanding your investment portfolio, 18 Edinburgh Terrace offers a compelling proposition that shouldn't be overlooked. Contact Charmaine on 0428 656 181 for more information or inspection, and seize the chance to explore this promising property further.

FOR THE INVESTOR

Rent appraisal: $250 - $270 per week (Appraised 14th May 2024)
Rent return: 7.8% - 8.5%

Land: 405m2
Year Built: 1955
Equivalent main area: 91m2
Council Rates: $2,168.25 p.a (2023/24)
Zoning: Suburban Neighbourhood
Easements: YES (Shared party wall - Further details in Form 1)
Water available: YES
Sewer available: NO

Additionally, when looking at properties it's important to have confidence in how much you can borrow. Ray White has partnered with Loan Market who can make this simple and stress free for you. As our customer, you'll receive a complimentary, obligation free chat with our local broker to discuss your options and tailor a lending solution to suit your needs. If you would like to speed up the process and get started today, click on the link below 'Talk to a mortgage broker'

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.