1-4/39 Rosewater Terrace, Ottoway, SA 5013

Auction Sat 11th April @ 11.30am

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings
1,050 m²
Area

Last updated on Saturday, September 12, 2026 ( See property details for 1-4/39 Rosewater Terrace, Ottoway, SA 5013)

Auction Sat 11th April @ 11.30am

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

An exceptional investment opportunity comprising four modern, fully tenanted units on a spacious 1050m² block with redevelopment potential in Ottoway, SA.

🏡 Property Highlights

  • Group of four fully tenanted single-level units on one title
  • Strong annual rental income exceeding $90,000
  • Situated on a generous 1050m² allotment with redevelopment potential
  • Major upgrades including new electrical and plumbing in recent years
  • Modern kitchens and separate laundries in all units
  • Private rear yards and landscaped grounds for each unit

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Shed
  • Garage
  • Landscaped grounds
  • Separate laundries
  • New carports
  • New concrete driveways
  • Potential for redevelopment or individual sale (STCC)

Ottoway offers a convenient lifestyle with close proximity to Port Adelaide, transport links, shopping centres, and local amenities. The area is ideal for investors seeking growth potential, with a strong community feel, accessible public transport, and ongoing development opportunities. Its strategic location makes it a desirable choice for tenants and future redevelopment projects.

What is the current rental income and occupancy status?
The property currently generates in excess of $90,000 per annum with all four units fully tenanted.
Are there any recent upgrades or renovations?
Yes, the property has undergone major upgrades including new electrical and plumbing approximately six years ago, with Unit 4 built around the same time and the remaining units upgraded and improved.
What are the future development or redevelopment possibilities?
The property offers potential to redevelop or sell the units individually, subject to STCC (Strata Title Conversion Conditions).
What amenities and facilities are nearby?
The property is close to Port Adelaide, transport options, shops, and local amenities, making it highly accessible and convenient.
What are the features of each unit?
Each unit features modern kitchens, separate laundries, private rear yards, and open-plan living areas, with recent upgrades enhancing comfort and functionality.
Are there any zoning restrictions or easements affecting the property? What are the strata or body corporate fees and responsibilities? Are there any upcoming planning or development proposals in the area? Has the property been inspected for structural defects or pest issues? Are there any flood or bushfire risks associated with the land? What are the total costs involved in potential redevelopment or subdivision? Is there any history of disputes or issues with tenants? Are there any restrictions on future modifications or extensions? What are the local council requirements for redevelopment or sale? Are there any planned infrastructure projects nearby that could impact the property?

1-4/39 Rosewater Terrace, Ottoway, SA 5013 - More Details

Auction Sat 11th April @ 11.30am

Offered as a whole, this group of four single-level units presents an outstanding investment opportunity, with a strong history of long-term tenancies and consistent rental returns. Add to your SMSF portfolio.
Situated on a generous allotment of approximately 1050m² and currently returning in excess of $90,000 per annum, this property is sure to appeal to the astute investor.
The property has undergone major upgrades in recent years. Unit 4 was newly built approximately six years ago, while the remaining three units have been updated and improved. Additional enhancements include new carports, new concrete driveways, and landscaped grounds.
Each unit offers comfortable living with two bedrooms, spacious open-plan living areas, modern kitchens and bathrooms with separate laundries. All units include private rear yards, and there is also a shed providing storage.
Positioned in a convenient location, this is a rare opportunity to secure a quality investment with excellent future potential.
Key Features
• Group of 4 single-level units on one title fully tenanted
• Currently returning in excess of $90,000 per annum
• Situated on approximately 1050m² of land
• Property upgraded 6 years ago new electrical and plumbing to the units
• Unit 4 built approximately 6 years ago
• Three existing solid brick units upgraded and improved
• Modern kitchens
• Separate laundries
• Private rear yards for all units
• New carports
• New concrete driveways and yards
• Landscaped grounds
• Close to Port Adelaide, transport, shops and amenities
• Potential to redevelop or sell individually (STCC)

Close to all facilities..!

Don't miss this amazing opportunity.!

TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site.

FOR DEFINITE SALE....!
OPEN INSPECTIONS WILL BE CONDUCTED ONLY AT THE TENANTS
AVAILABILITY.

For more information call:
Larry Finis on 0400 600 422 or
Raffaele Spano on 0427 305 089

TO BE AUCTIONED SATURDAY 11th APRIL 2026 @ 11.30 AM on-site.
Please note: [ The vendors have asked to make no price representation ]
NB: RECENT SALES AVAILABLE ON REQUEST OR AT OPEN INSPECTIONS.

PLEASE NOTE:
THE FORM 1 AND SEARCHES: VENDOR'S STATEMENT (SECTION 7) LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 WILL BE MADE AVAILABLE TO THE PUBLIC AT BELLE PROPERTY WEST LAKES 75/155 BREBNER DRIVE WEST LAKES SA FOR 3 CLEAR BUSINESS DAYS PRIOR TO THE AUCTION OR 30 MINUTES PRIOR TO THE AUCTION STARTING

Neither agent or vendor accept any liability for any error or omission relating to this property. We apologize for any inconvenience this may cause however, we would like to thank you for your cooperation. RLA 288 738
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
1,050 m²

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