Units 1, 2 & 3/172 Senate Road, Port Pirie, SA 5540

$650,000

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings

Published on Friday, September 11, 2026 ( See property details for Units 1, 2 & 3/172 Senate Road, Port Pirie, SA 5540)

$650,000

Kane Lavis Director / Property Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid investment opportunity comprising three low-maintenance, fully tenanted units with strong rental income in Port Pirie.

🏡 Property Highlights

  • Three low-maintenance 2-bedroom units on one title
  • Established tenants with secure rental income
  • Solid brick veneer construction from 1993
  • Ducted evaporative air conditioning throughout
  • Private backyards and low-maintenance gardens
  • Immediate rental income of $770 per week

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Carport
  • Low-Maintenance Yard
  • Separate Laundry
  • Concrete Driveway
  • Security Screens / Gates
  • Pet-Friendly
  • Built in wardrobes

Port Pirie is a vibrant regional centre offering strong community ties, essential amenities, and convenient access to transport and services. The area boasts established infrastructure, a growing rental market, and a welcoming environment for tenants and investors alike. Its low-maintenance lifestyle and solid economic base make it an attractive location for property investment. With proximity to schools, shopping, and healthcare facilities, Port Pirie provides a balanced lifestyle for residents and a reliable income stream for investors.

What is the condition of the units and are there any recent renovations?
The units were built in approximately 1993 with solid brick veneer construction and are designed for easy-care living, with no recent renovations mentioned.
Are there any additional costs or fees associated with the property?
Additional costs include council rates of approximately $3,684 per year, emergency services levy of about $78, water supply of around $352, and sewer supply of approximately $412 annually.
What is the current occupancy status and lease terms for each unit?
All three units are currently tenanted, with Unit 2 leased until November 2026 and Unit 3 until December 2026, while Unit 1 is leased to Pirie Health at $240 per week.
Is there potential for future development or expansion on the property?
The property comprises three units on one title, offering potential for future development or subdivision, subject to council approval.
What are the zoning and planning restrictions for this property?
Zoning details are not specified; interested buyers should verify with local council for planning restrictions and potential development opportunities.
Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural defects or pest issues? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood-prone or bushfire risk area? Are there any planned developments or construction nearby that could impact the property? What are the terms of the current leases, and are there any rent increases scheduled? Are there any strata or body corporate fees applicable to this property? Is the property compliant with all building codes and safety regulations? Are there any restrictions on pets or modifications to the units? What is the history of the property's maintenance and any past issues?

Units 1, 2 & 3/172 Senate Road, Port Pirie, SA 5540 - More Details

$650,000

Secure your investment future with this excellent multi-dwelling opportunity.

Comprising three low-maintenance 2-bedroom units on one title, this property offers an attractive combination of multiple rental incomes, established tenancies and low-maintenance living.

Built in approx. 1993 with solid brick veneer construction, all three units are designed for easy-care investment living and feature:

- Two bedrooms

- Ducted evaporative air conditioning

- Tiled bathrooms with shower alcoves

- Open-plan living, dining and kitchen areas

- Separate tiled laundry

- Carport for each unit

- Concrete driveway

- Private backyard to each unit

- Low-maintenance gardens and grounds

Strong Existing Rental Income

All three units are currently tenanted, providing an immediate and diversified rental income stream:

- Unit 1: Leased to Pirie Health – $240 per week

- Unit 2: Leased to Pirie Health – $300 per week until November 2026

- Unit 3: Leased at $230 per week until December 2026

Total current rental income: $770 per week
Annual rental income: $40,040

- Council rates: approx. $3,684/year

- Emergency Services Levy: approx. $78/year

- SA Water supply: approx. $352/year

- Sewer supply: approx. $412/year

With three separate dwellings on a single title, this property presents an appealing opportunity for investors seeking multiple income streams from one asset.

An ideal addition to an investment portfolio, particularly for buyers looking for strong rental income, established tenants and a low-maintenance property.

Enquire today to arrange an inspection and discover the potential of this unique investment opportunity.

RLA 172 571

Property Code: 4431
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3

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