30 Prince Street, Solomontown, SA, 5540

Investor Opportunity

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Wednesday, March 25, 2026 ( See property details for 30 Prince Street, Solomontown, SA, 5540)

$255,000

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

A timber-frame home in Solomontown offering an affordable renovation opportunity with immediate rental income and potential for value growth.

🏡 Property Highlights

  • Affordable entry point for investors seeking renovation potential
  • Currently tenanted with immediate holding income of $320 per week
  • Convenient location in Solomontown near Port Pirie
  • Timber-frame construction offering renovation upside
  • Three bedrooms, including a smaller rear room ideal for various uses
  • Proven rental area with upside potential for value-adding improvements

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Secure Parking
  • Pet-Friendly
  • Waterfront / Views
  • Home Office / Study
  • Low-Maintenance Yard
  • Internal Laundry

Solomontown is a vibrant coastal suburb offering excellent rental demand, convenient access to Port Pirie amenities, and a strong community atmosphere. Its proximity to local schools, parks, and transport links makes it ideal for both investors and families. The area features a mix of established homes and potential for growth, making it a smart choice for value-focused buyers. With its affordable property prices and steady rental market, Solomontown presents a promising opportunity for long-term investment. The neighbourhood’s relaxed lifestyle and scenic surroundings enhance its appeal for residents seeking a balanced coastal living experience.

What is the current condition of the property and what renovations are needed?
The property is in a basic condition and would benefit from some TLC and landscaping to enhance its appeal and value.
What is the rental potential of this property?
Currently tenanted at $320 per week, with potential for increased rental income after improvements.
Are there any planning or zoning restrictions I should be aware of?
Interested parties should verify local planning regulations and zoning restrictions with the Port Pirie council.
What are the ongoing costs associated with owning this property?
Approximate council rates are $1,400 per annum; other costs include maintenance and property management fees if applicable.
Is the property suitable for future development or extensions?
Potential development options depend on local zoning laws; please consult with the local council for specific guidance.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property been inspected for structural issues or pest infestations? Are there any upcoming council or community developments in the area that could impact the property? What are the total estimated costs including repairs, council rates, and stamp duty? Is the property compliant with all building codes and safety standards?

30 Prince Street, Solomontown, SA, 5540 - More Details

Investor Opportunity

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

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