FOR SALE
SOLD

9-13/5 Dennis St
Port Augusta SA 5700

Bedrooms: 5
Bathrooms: 5
Car spaces: 5
Floor area: 239m2
Land area: 1330m2
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Discover a lucrative investment opportunity with this block of five well-presented brick units located at 5 Dennis Street. Ideal for investors seeking multiple income streams and portfolio expansion, in total, the units generate a weekly income of $1,020, offering an impressive 8.5% rent return.
These units feature one bedroom, an open kitchen/living area, and a spacious bathroom/laundry, providing comfortable living spaces for tenants.
With its strong rental returns and low maintenance requirements, these units represents a compelling investment opportunity. Don't miss out on the chance to grow your investment portfolio and secure consistent returns. Contact Charmaine on 0428 656 181 for more information or inspection on this promising investment prospect.
FOR THE INVESTOR
All units are tenanted in fixed tenancy agreements.
Rent per week: $200 (Units 9-12) $220 (Unit 13) Total = $1,020
Rent return: 8.5%
Land: 1,330m2
Year Built: 1976
Equivalent main area: 239m2
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Property Details for 9-13/5 Dennis St, Port Augusta

9-13/5 Dennis St, Port Augusta is a 5 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1330m2 and floor size of 239m2. The place is currently for sale with Ray White Port Augusta.

Building Type
BlockOfUnits
Floor Size
239m2
Land Size
1330m2

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About Port Augusta 5700

The size of Port Augusta is approximately 20.5 square kilometres. It has 47 parks covering nearly 9.2% of total area. The population of Port Augusta in 2011 was 7,334 people. By 2016 the population was 6,568 showing a population decline of 10.4% in the area during that time. The predominant age group in Port Augusta is 50-59 years. Households in Port Augusta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta work in a community and personal service occupation. In 2011, 57.3% of the homes in Port Augusta were owner-occupied compared with 54.7% in 2016.

Port Augusta has 4,116 properties. Over the last 5 years, Houses in Port Augusta have seen a 80.40% increase in median value, while Units have seen a 4.97% increase. As at 30 September 2024:

  • The median value for Houses in Port Augusta is $230,065 while the median value for Units is $166,596.
  • Houses have a median rent of $320 while Units have a median rent of $260.
There are currently 57 properties listed for sale, and 12 properties listed for rent in Port augusta on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Port augusta.

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Charmaine Budd
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Ray White Port Augusta
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