1 & 3/5 Ethel Street, Forestville, SA 5035

Best Offers by April 15

Unit
Type
3
Bedrooms
1
Bathrooms
2
Parkings
290 m²
Area

Last updated on Thursday, June 11, 2026 ( See property details for 1 & 3/5 Ethel Street, Forestville, SA 5035)

Best Offers by April 15

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1 & 3/5 Ethel Street
Forestville, SA 5035
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Vertical aerial view — 1 & 3/5 Ethel Street
1 & 3/5 Ethel Street — Vertical Aerial  •  Forestville, SA 5035  •  Nearmap © 2026
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Stylish, low-maintenance dual-unit property in Forestville offering excellent investment returns and modern living spaces.

🏡 Property Highlights

  • Dual-unit investment opportunity with high rental returns of $39,000 and $68,000 annually
  • Self-managed units with no strata fees, offering hassle-free ownership
  • Prime location in tightly held Forestville, close to shops, cafes, and green spaces
  • Modern, Vogue-styled interiors with seamless open-plan living and natural light
  • Spacious three-bedroom homette with large yard, perfect for families or pets
  • Excellent investment potential with fully furnished options and high occupancy rates

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ceiling Fans
  • Waterfront / Views
  • Outdoor Area
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • Home Office / Study Nook
  • Shed

Forestville is a highly sought-after suburb known for its convenient location, vibrant local amenities, and green spaces. Residents enjoy easy access to shops, cafes, and parks, making it ideal for families, downsizers, and investors seeking a relaxed yet connected lifestyle. The area boasts a strong community feel with well-maintained streets and a peaceful atmosphere. Proximity to Goodwood and King William Road ensures a lively social scene and diverse dining options. The neighbourhood offers excellent walkability and public transport options, making it a highly desirable place to live and invest.

What are the current rental yields for these units?
The current rental yields are approximately $39,000 for Unit 1 and $68,000 for Unit 3 annually, based on last financial year's figures.
Are the units furnished and move-in ready?
Yes, both units are fully furnished with Vogue-styled interiors, making them move-in ready or ideal for short-term rentals like Airbnb.
What are the key features of the modern kitchen?
The kitchens feature gas cooktops, Bosch dishwashers, ample bench and cupboard space, and modern appliances.
Is there ducted air conditioning?
Yes, Unit 3 is equipped with ducted reverse cycle air conditioning for year-round comfort.
What outdoor spaces are available for entertaining?
Unit 3 offers a private backyard with beautiful decking and an alfresco area, perfect for entertaining. Unit 1 has paved courtyards for relaxing or socialising.
Are there any upcoming planning or development applications in the area that could affect the property's value or privacy? What are the total ongoing costs, including council rates, utilities, and maintenance for each unit? Are there any existing or past issues with flooding, bushfire risk, or environmental hazards in the area? Is there any history of disputes or issues related to the self-managed status of the units? Are there any restrictions or easements on the land that could impact future renovations or extensions? What is the condition of the roof, plumbing, and electrical systems, and are any repairs or upgrades needed? Are there any planned infrastructure projects or nearby construction that could cause noise or disruption? Is the property compliant with all local building codes and regulations, including the updated kitchen and air conditioning systems? What are the terms of the sale regarding the fully furnished options, and are there any additional costs? Are there any strata or community management arrangements affecting the property, despite being self-managed?

1 & 3/5 Ethel Street, Forestville, SA 5035 - More Details

Best Offers by April 15

Type
Unit
Bedrooms
3
Bathrooms
1
Parkings
2
Area
290 m²

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