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1-2-3/11A Nile Street, Port Adelaide, SA 5015

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Block Of Units

Type

Bedrooms

Bathrooms

Parkings

201 m²

Area

Last updated on Thursday, September 10, 2026 ( See property details for 1-2-3/11A Nile Street, Port Adelaide, SA 5015)

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Rens Huvenaars Real Estate Representative

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Marco Fellegvari Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, fully tenanted block of three self-contained units in Port Adelaide offering immediate income, flexible leasing options, and future redevelopment potential within a vibrant urban precinct.

🏡 Property Highlights

Fully tenanted block of three self-contained units in Port Adelaide's thriving business district
Immediate rental income with a gross annual return of over $56,680
Flexible lease arrangements offering future redevelopment potential
Recently upgraded units with minimal maintenance requirements
Prime location within the Urban Activity Zone, unlocking future land use opportunities
Vacant 2-bedroom unit ready for lease or short-stay rental

✨ Key Features

Open-Plan Living
Built-in Robes
Air Conditioning
Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Internal Laundry
Extra Storage (Shed/Linen)
Balcony

Suburb and Property Insights of Port Adelaide, SA 5015

Port Adelaide is one of Adelaide's most dynamic growth corridors, renowned for its urban renewal, vibrant waterfront precinct, and strong rental demand. The area offers excellent connectivity, a thriving local economy, and a community rich in history and culture. With its zoning flexibility and ongoing development projects, Port Adelaide presents a compelling opportunity for investors seeking both immediate returns and future growth. The neighbourhood's appeal is further enhanced by its proximity to amenities, transport links, and a burgeoning arts and entertainment scene.

Frequently Asked Questions

What is the current rental income and vacancy status of the units?

Units 1 and 3 are leased at $340 and $350 per week respectively, while Unit 2 is vacant and presented as the display home, offering flexibility for new tenants or short-stay options.

Are there any recent upgrades or renovations to the units?

Yes, the units have benefited from practical upgrades in recent years, including a new split system air conditioner in Unit 1 and new electric hot water systems in Units 2 and 3.

What are the zoning and future development prospects for this property?

The property is zoned Urban Activity Zone, which allows for a wide range of future land uses including redevelopment, offering significant upside potential.

Is there parking available on-site?

Yes, the property includes one car park on site.

What are the advantages of this investment in Port Adelaide?

This property offers immediate rental income, flexible lease arrangements, low maintenance, and the potential for future land use changes within a rapidly growing precinct.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could impact future redevelopment plans? What are the total ongoing costs, including council rates, strata fees (if applicable), and maintenance? Are there any easements, covenants, or restrictions affecting the property? Has the property been assessed for flood or bushfire risks? Are there any upcoming development or construction projects nearby that could affect the property’s value or livability? Is there any history of pest or structural issues with the units? What are the terms of the current leases, and when are they due for renewal? Are there any strata or community title considerations or fees applicable? Has the property been inspected recently for compliance with building codes and safety standards? Are there any additional costs or approvals required for future redevelopment or modifications?

1-2-3/11A Nile Street, Port Adelaide, SA 5015 - More Details

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11A NILE STREET, PORT ADELAIDE
An investor's dream — and genuinely hard to find. This fully tenanted block of three self-contained units sits in the heart of Port Adelaide's thriving business district, delivering instant rental income from day one with outstanding future upside.
Three income streams. One title. One decision.

THE UNITS
Unit 1 — 1 Bedroom | $340/week | Periodic Lease
Unit 2 — 2 Bedrooms | $400+/week | Currently vacant & presented as the display home
Unit 3 — 1 Bedroom | $350/week | Periodic Lease
With Units 1 and 3 already returning $690/week combined, and the spacious 2-bedroom centre unit (see photos) ready to be leased at $400+/week, this block is primed to deliver $56,680+ gross per annum from the moment you take ownership. All three units are self-contained, well-maintained, and have benefited from a series of practical upgrades in recent years — meaning less maintenance headache and more money in your pocket from day one.

WHAT MAKES THIS SPECIAL
✅ Three fully self-contained units on one title
✅ All leases periodic — full flexibility for rent reviews, vacant possession, or future redevelopment
✅ Low-maintenance investment with key upgrades already completed throughout
✅ Unit 1 fitted with a brand new split system air conditioner
✅ Units 2 & 3 both have brand new electric hot water systems
✅ Unit 1 serviced by gas hot water
✅ Unit 2 vacant, beautifully presented, and ready to lease — or explore as a short-stay rental opportunity
✅ 1 car park on site
✅ Zoned Urban Activity Zone — unlocking a wide range of future land uses including redevelopment.
✅ Full information pack available upon request

PORT ADELAIDE IS MOVING
One of Adelaide's most exciting growth corridors, Port Adelaide continues to attract strong buyer and renter demand driven by urban renewal, a thriving waterfront precinct, and consistently tight vacancy rates. The Urban Activity Zone classification only adds to the appeal — drawing buyers with vision beyond the rental return alone.

OPPORTUNITIES LIKE THIS DON'T WAIT
Three dwellings. Upgraded throughout. Flexible leases. A low-maintenance portfolio addition that's been looked after and is genuinely ready to perform. This is the set-and-forget investment savvy buyers wait years for — and it won't last.
📅 Best Offers close Tuesday 26th May at 10 AM, unless sold prior.
📞 Contact Rens Huvenaars or Marco Fellegvari today to request the full information pack or arrange your private inspection.
RLA 355694
Disclaimer: The information contained in this advertisement has been prepared by eXp Australia Pty Ltd and its agents. While every effort has been made to ensure accuracy, buyers are encouraged to make their own enquiries and verify all details, inclusions, and features independently.

Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Type: Block Of Units
Bedrooms: 4
Bathrooms: 3
Parkings: 1
Area: 201 m²
House Size: 153 m²

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1-2-3/11A Nile Street, Port Adelaide, SA 5015

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