1-4/3 Croydon Road, Keswick, SA 5035

Block Of Units
Type
8
Bedrooms
4
Bathrooms
5
Parkings
692 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 1-4/3 Croydon Road, Keswick, SA 5035)

Auction On-Site Saturday 2nd May 9:30AM (USP)

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

A unique multi-unit freehold investment opportunity in Keswick offering immediate income, redevelopment potential, and excellent location proximity to Adelaide CBD.

🏡 Property Highlights

  • Rare opportunity to acquire all four individually titled units in a city fringe locale
  • Immediate income stream with all units tenanted and generating approximately $93,340 gross per annum
  • Potential for future redevelopment or value addition (STPC) in a highly sought-after area
  • Strategic location just 10 minutes to the CBD with excellent transport links and nearby amenities
  • Solid brick construction with renovated interiors and private outdoor spaces for two units
  • Zoned Urban Corridor (Business), offering diverse re-development opportunities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Air Conditioning
  • Dishwasher
  • Outdoor Area
  • Balcony
  • Security Screens / Gates
  • Fly Screens
  • Open-Plan Living
  • Waterfront / Views

Keswick is a vibrant inner south-western suburb of Adelaide, renowned for its proximity to the CBD, excellent transport options including train stations, and access to the scenic Parklands. The area boasts a mix of established residential and commercial developments, with ongoing revitalisation projects such as Forestville. Residents enjoy a cosmopolitan lifestyle with diverse eateries, shopping precincts, and recreational facilities. Its strategic location offers both convenience and growth potential, making it an attractive choice for investors and families alike.

What is the current rental income and potential for future rent increases?
The current total gross rental income is approximately $93,340 per annum, with individual unit rents ranging from $440 to $460 per week. There is potential for future rent increases based on market conditions and further renovations.
Are there any redevelopment or subdivision restrictions for this property?
The property is zoned Urban Corridor (Business), which offers potential for redevelopment or re-configuration (STPC). It is advisable to consult local council planning regulations for specific development opportunities.
What are the ongoing costs associated with the property?
Annual costs include council rates of approximately $1,227.75 per unit, water rates of about $176.30 per quarter per unit, and emergency services levy of around $95.15 per annum per unit. Strata management is self-managed by the current vendors.
What condition are the units in, and are there any planned renovations?
All units have been renovated approximately 12 years ago, featuring modern kitchens and bathrooms. There is scope for further improvements and renovations to add value (STPC).
Is there parking available for each unit?
Yes, each unit includes a dedicated carport space, with additional parking potential on the large parcel of land at the rear of the block.
Are there any upcoming council or development plans that could impact the property's value or use? Are there any easements, zoning restrictions, or land use limitations affecting the property? Has a recent building and pest inspection been conducted, and are there any known defects? Are there any strata or community management fees or special levies applicable? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any planned or ongoing nearby construction activities that could affect living conditions or value? What are the long-term zoning plans for the area, and could they impact redevelopment potential? Are there any hidden costs or upcoming maintenance requirements for the units? Is the current rental income sustainable, and are there any lease renewal risks? Are there any restrictions or covenants on the large parcel of land at the rear of the property?

1-4/3 Croydon Road, Keswick, SA 5035 - More Details

Auction On-Site Saturday 2nd May 9:30AM (USP)

Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
5
Area
692 m²
House Size

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