Multi-Income Investment - Four Income Streams. High Rental Income From Day One.

For Sale

136 Three Chain Rd, Port Pirie South, SA, 5540

Multi-Income Investment - Four Income Streams. High Rental Income From Day One.

House

Type

Bedrooms

Bathrooms

Parkings

Last updated on Wednesday, March 25, 2026 ( See property details for 136 Three Chain Rd, Port Pirie South, SA, 5540)

$710,000

Kurt daSilva - Real Estate Agent - Future Realty SA - Morphett Vale

Kurt daSilva Director

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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 tenanted multi-dwelling investment property in Port Pirie South offering stable income, development potential, and strong growth prospects.

🏡 Property Highlights

Fully tenanted multi-dwelling investment with proven income stability
Development upside with potential for strata conversion into four titles
Prime location in Port Pirie South with strong and consistent growth
High occupancy rate with long-term tenants and zero rental arrears
Ample parking including large shed, covered carport, and additional open spaces
Well-maintained Federation-era main house with character features

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Waterfront / Views
Pet-Friendly

Suburb and Property Insights of Port Pirie South, SA 5540

Port Pirie South is a thriving suburb known for its consistent growth and strong community. It offers excellent amenities, easy access to transport links, and a stable rental market. The area is ideal for investors seeking reliable income and future development opportunities. With a peaceful suburban atmosphere, Port Pirie South combines affordability with growth potential, making it a smart choice for property investment.

Frequently Asked Questions

What is the current rental income and occupancy status?

The property generates a total gross rental income of $45,280 per year with 100% occupancy across four tenancies, all with long-term tenants and no rental arrears.

What development opportunities does the property offer?

The property is on a single 1,536m² allotment with potential for strata conversion into four titles, subject to council approval, providing significant development upside.

Are there any easements or access issues?

There are no easements or access issues associated with the property, ensuring smooth development and usage potential.

What are the key features of the main house?

The main house is a Federation-era stone home with three bedrooms, a study, one bathroom, a separate laundry, and modern amenities including split-system air conditioning and a character-filled design.

What is the condition of the self-contained units?

The three brick units are fully self-contained with combined living/dining/kitchen areas, separate laundry and bathroom, and are independently tenanted, all in well-maintained condition.

What to ask about this property to agent?

Are there any upcoming council or zoning changes that could affect development plans? What are the long-term maintenance costs for the existing structures and outbuildings? Are there any restrictions or covenants on the property that could limit future development? Has the property been inspected for any structural issues or pest infestations? Are there any planned infrastructure projects or nearby developments that could impact the property’s value or tenancy?

136 Three Chain Rd, Port Pirie South, SA, 5540 - More Details

Multi-Income Investment - Four Income Streams. High Rental Income From Day One.

Type: House
Bedrooms: 6
Bathrooms: 4
Parkings: 6

136 Three Chain Rd, Port Pirie South, SA, 5540 - Point Of Interest

Locate Near By Places of 136 Three Chain Rd, Port Pirie South, SA, 5540 On Map

Your Commute at a Glance: 136 Three Chain Rd, Port Pirie South, SA, 5540

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136 Three Chain Rd, Port Pirie South, SA, 5540

$710,000

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