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1-3/3 Davenport Street, Port Augusta, SA 5700

$795,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

564 m²

Area

Last updated on Saturday, September 26, 2026 ( See property details for 1-3/3 Davenport Street, Port Augusta, SA 5700)

$795,000

William Irons Sales / Office Manager

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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 well-maintained, fully leased block of three units offering strong rental returns and excellent location in Port Augusta.

🏡 Property Highlights

Fully leased block of three self-contained units with established rental income
Prime investment opportunity on a single 564m² allotment with no easements
Two units feature modern updates including bathroom renovations and open-plan layouts
Each unit has its own designated undercover carport for added convenience
Located within walking distance to the CBD and local schools, enhancing tenant appeal
Consistent rental income of $49,660 per annum with flexible lease arrangements

✨ Key Features

Built-in Robes
Open-Plan Living
Air Conditioning
Security Screens / Gates
Outdoor Area / Balcony
Garage / Secure Parking
Ceiling Fans
Waterfront / Views
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Port Augusta, SA 5700

Port Augusta is a vibrant regional hub offering excellent amenities, strong community ties, and convenient access to the CBD and local schools. The area boasts a diverse rental market, making it ideal for investors seeking reliable income. With its strategic location and established infrastructure, Port Augusta continues to attract tenants and investors alike. The suburb features a mix of residential and commercial properties, supported by ongoing development and community facilities. Its accessible transport links and proximity to natural attractions enhance its appeal for long-term growth and lifestyle convenience.

Frequently Asked Questions

Are the units recently renovated or updated?

Yes, some units feature updated bathrooms, kitchens, and modern fixtures to enhance comfort and appeal.

What is the current rental income and lease status?

The property generates a combined rental income of $49,660 per annum, with all three units currently leased.

Is there any ongoing body corporate or strata management?

As a block of units on a single title, there is no separate strata management; the property is managed as a single entity.

What are the parking arrangements?

Each unit has its own designated undercover carport, with three carports positioned at the front of the property.

Are there any easements or planning restrictions?

The property is offered on one title with no easements referenced, simplifying the investment process.

What to ask about this property to agent?

Are there any upcoming maintenance or repair costs anticipated for the units? Have the units been inspected recently for structural or pest issues? Are there any zoning restrictions or future development plans in the area that could affect the property? What are the terms of the current leases, and when are they due for renewal? Are there any outstanding council or water rates, or other outgoings not included in the provided figures? Is there any history of flooding or bushfire risk in this area? Are there any planned upgrades or changes to local infrastructure that could impact the property? What are the specific terms of the water contribution charges for tenants? Are there any restrictions on pet ownership within the units? Is the property compliant with all current building and safety regulations?

1-3/3 Davenport Street, Port Augusta, SA 5700 - More Details

$795,000

Secure a quality addition to your investment portfolio with this well-maintained block of three residential units, all fully leased and generating a combined rental income of $49,660 per annum ($955 per week). Positioned on a single allotment of approximately 564m² and offered on one title with no easements referenced, this is a straightforward investment opportunity with an established rental return.

The property comprises three self-contained two-bedroom, one-bathroom units, currently leased at $325, $330 and $300 per week respectively.

Units 1 and 2 are of brick veneer construction and share mirrored floor plans, each featuring a practical open-plan kitchen and living area, two generous bedrooms with built-in wardrobes, and a bathroom incorporating a shower, vanity, toilet and laundry facilities. Unit 1's bathroom has been updated, including floor-to-ceiling tiling, a glass shower and vanity. Both units offer year-round comfort with split system air conditioning to the living area and a ceiling fan to the main bedroom, while roller shutters fitted to the main windows provide added privacy and security.

Positioned separately from the adjoining units, Unit 3 features a spacious living area, an updated kitchen, two generous bedrooms, and a bathroom comprising a walk-in shower, vanity and toilet. The bathroom has been updated with wall tiling and a shower screen, while updated vinyl flooring extends from the kitchen through to the large dedicated laundry/storage room. A box air conditioner in the living area and a ceiling fan to the main bedroom provide comfort throughout the warmer months.

Each unit benefits from its own designated undercover carport, with three carports positioned at the front of the property. Conveniently located within walking distance of the CBD and local schools, the property continues to offer strong appeal to tenants and investors alike.

Outgoings:

- Council Rates (2025/2026): $1,813.65 per annum

- SA Water: Quarterly SA Water accounts (January, April, July and October) include water usage, water supply and sewerage charges. The owner is responsible for the initial payment of all charges, with the tenants invoiced for contribution to the water usage component (currently $280 combined per quarter)

Emergency Services Levy (ESL): Approximately $100 per annum

(Disclaimer: Photographs of Unit 3 were taken prior to a tenant taking occupancy)

Type: Block Of Units
Bedrooms: 6
Bathrooms: 3
Parkings: 3
Area: 564 m²

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William Irons

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1-3/3 Davenport Street, Port Augusta, SA 5700

$795,000

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