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4 Nelson Street
Kilburn SA 5084

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Land area: 592m2
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Two Homes on one title - Double Your Prospective Income!

In the vibrant heart of Kilburn, neighbouring prolific Prospect, lies an exciting investment opportunity that promises to double your portfolio and revenue. This dual-dwelling allotment, featuring both an original four-bedroom home at the front and a recently constructed threebedroom dwelling at the rear, offers not just one, but two potential income streams on a single site-a dream scenario for the astute investor or savvy homeowner looking to maximise returns.
The front property boasts ample space with four generously sized bedrooms, three of which are front-facing, allowing natural light to fill each room. Bedroom 1 comes equipped with a split system air conditioner for year-round comfort.
The central hub of the home is its bright and functional U-shaped kitchen, fully equipped with all essential appliances including a gas stove and oven, seamlessly integrating with the conjoined family meals area. This light-filled space is inviting and ready to meet all culinary and companionship needs. A well-positioned laundry area acts as a functional bridge, leading out from the fully-tiled bathroom-with its separate toilet-straight to homes simple backyard where the secondary home/granny flat sits.
Awaiting at the rear is a new established additional dwelling, recently constructed by the homes current owners, outfitted to meet modern living standards. This contemporary space offers three comfortable bedrooms, with built-in wardrobes in bedrooms 1 & 2, ensuring space for storage blends effortlessly with style.
Inside, floorboards line the floors and modern downlights provide light throughout, highlighting the contemporary design of the modern kitchen. Fitted with a gas stove, oven, double sink, and sleek White high gloss cabinetry, this kitchen makes every meal time easy.
As with the front home, all bedrooms across both properties are ensured comfort and light control by roll-down blinds providing customizable privacy. The newly-built dwelling is additionally appointed with ducted heating and cooling, creating an atmosphere of comfort in every corner.
Set on a spacious allotment, both donning brick exteriors, this property avails itself to multiple rental opportunities or a perfect setup for extended families. Its strategic placement in Kilburn, within close proximity to parks, green spaces and the thriving Churchill Centre complete with Costco, making for a highly desirable location for renters and residents alike.
Presenting a unique investment opportunity designed for doubling your returns-live in one, lease the other; rent out both, or use the secondary dwelling for a home business. The options are as bountiful as the benefits, and the opportunity is ripe for the taking.
Additional Features:
• 6.6kw solar system
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Property Details for 4 Nelson St, Kilburn

4 Nelson St, Kilburn is a 7 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 592m2. The place is currently for sale with Ray White Prospect.

Building Type
House
Land Size
592m2

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About Kilburn 5084

The size of Kilburn is approximately 2.9 square kilometres. It has 5 parks covering nearly 2.8% of total area. The population of Kilburn in 2011 was 5,101 people. By 2016 the population was 5,435 showing a population growth of 6.5% in the area during that time. The predominant age group in Kilburn is 20-29 years. Households in Kilburn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kilburn work in a labourer occupation. In 2011, 40% of the homes in Kilburn were owner-occupied compared with 41.8% in 2016.

Kilburn has 2,581 properties. Over the last 5 years, Houses in Kilburn have seen a 84.74% increase in median value, while Units have seen a 87.02% increase. As at 30 September 2024:

  • The median value for Houses in Kilburn is $794,449 while the median value for Units is $490,884.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Kilburn on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Kilburn.

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Adam Humzy
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Stefan Siciliano
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Ray White Prospect
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