Address available on request, Prospect, SA 5082

$520,000 to $560,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Monday, October 19, 2026 ( See property details for Address available on request, Prospect, SA 5082)

$520,000 to $560,000

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

A modern, low-maintenance two-bedroom apartment in Prospect offering a secure DHA lease until 2029, ideal for investors seeking reliable income and a convenient lifestyle.

🏡 Property Highlights

  • Secure DHA lease until May 2029 providing reliable rental income
  • Well-connected location in the sought-after suburb of Prospect
  • Modern, low-maintenance layout with floating floorboards throughout
  • Two spacious bedrooms with mirrored built-in wardrobes
  • Open-plan living and dining area flowing onto a balcony
  • Practical European-style laundry with ample storage

✨ Key Features

  • Built-in Robes
  • Balcony
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Pet-Friendly
  • Ensuite
  • Air Conditioning
  • Dishwasher

Prospect is a vibrant suburb renowned for its excellent connectivity, diverse amenities, and family-friendly environment. It offers convenient access to shopping centres, cafes, public transport, and parks, making it an ideal location for both residents and investors seeking a thriving community with strong growth potential.

What are the benefits of investing in a DHA lease property?
A DHA lease provides reliable rental income, professional property management, and reduced management responsibilities, offering peace of mind and consistent returns for investors.
How long is the current lease term?
The property is leased to Defence Housing Australia until May 2029, ensuring long-term rental security.
What maintenance responsibilities are covered under the DHA lease?
DHA manages property maintenance and repairs in accordance with the lease terms, reducing the investor's day-to-day management tasks.
Is the property suitable for future capital growth?
Yes, located in a sought-after suburb with excellent amenities and connectivity, the property has strong potential for capital appreciation.
Are there any additional costs associated with this investment?
The management fee is 13% of the monthly rent, and investors should consider ongoing costs such as council rates and insurance.
Are there any upcoming planning or development applications in the area that could affect the property's value or livability? Has the property been inspected recently for structural issues or defects? Are there any restrictions or easements on the land that could impact future renovations or extensions? What are the strata or body corporate fees and regulations, if applicable? Is the property located in a flood or bushfire-prone zone, and what precautions are in place? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the long-term vacancy risks in the area for similar properties? Are there any hidden costs associated with the property, such as special levies or maintenance fees? Has the property been compliant with all local building codes and regulations? What is the history of the property's maintenance and any past repairs or renovations?

Address available on request, Prospect, SA 5082 - More Details

$520,000 to $560,000

Secure your financial future with this outstanding Defence Housing Australia (DHA) investment opportunity, ideally positioned in the sought-after suburb of Prospect. This apartment offers investors the opportunity to benefit from the advantages of a DHA lease, combining reliable rental income with reduced day-to-day management responsibilities.

One of the key advantages of a DHA investment is the potential for consistent rental income, professional property management and maintenance arrangements in accordance with the lease terms. This provides added peace of mind and greater rental certainty, making it an appealing option for investors seeking a low-maintenance addition to their property portfolio.

Situated in the popular suburb of Prospect, this apartment presents an excellent investment opportunity in a well-connected location, close to local amenities, shopping, cafe's and public transport. With its convenient lifestyle appeal and the potential benefits of a DHA lease, this property offers an attractive opportunity for investors looking to secure a quality investment in Adelaide's established inner-north.

Step inside this well-presented apartment and discover a practical, low-maintenance layout designed for comfortable living. Floating floorboards flow throughout the main living areas, creating a modern and inviting feel.

The apartment features two well-sized bedrooms, both complete with carpeted flooring and mirrored built-in wardrobes, providing comfortable accommodation and convenient storage. Linen cupboards throughout offer additional storage, while the European-style laundry, complete with a sink, makes excellent use of space.

The bathroom is well-appointed with a vanity, shower and toilet, offering everyday functionality. The kitchen is equipped with stainless steel appliances and flows seamlessly into the open-plan living and dining area, creating a welcoming space to relax or entertain. Extending from the living area, the balcony provides an added outdoor space to enjoy.

Combining a functional floorplan, practical storage solutions and low-maintenance finishes, this apartment presents an appealing opportunity for investors seeking a well-appointed property in the popular suburb of Prospect.

Tenancy Details:
Rental Income - $2,348 Per Month
DHA Management Fee - 13% of Monthly Rent
Leased to DHA (Defence Housing Australia) Until May 2029.

Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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