FOR SALE
$300,000 - $315,000

132 Three Chain Road
Port Pirie South SA 5540

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 600m2
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Prime Investment: Dual-Purpose Property with High Visibility in Port Pirie South!

Welcome to 132 Three Chain Road, a property that perfectly blends residential comfort with commercial potential, ideally located in the vibrant community of Port Pirie South.
This charming 2-bedroom, 1-bathroom home is set on a spacious 600 square meter plot, offering ample room for both living and business endeavours. The residence features a large lounge room equipped with a ceiling fan and gas heater, ensuring comfort throughout the year. Both bedrooms are generously sized, with the main bedroom including a ceiling fan and wall air conditioner. The practical kitchen comes with a gas cooker, range hood, and plenty of cupboard space, while the bathroom includes a shower over bath, toilet, and hand basin. Currently tenanted at $300 per week on a long lease until mid-2026, this home offers a steady rental income.
The property's commercial aspect is equally compelling. The shop front is strategically situated at the corner of a main road and a highway, benefiting from high visibility and foot traffic, making it an ideal spot for a business. Equipped with restaurant fixtures and fittings, this commercial space can be rented out separately, providing a significant business opportunity or an additional revenue stream. The fully fenced storage area, shedding, and ducted air conditioning in the shop area add to the property's functionality.
Port Pirie is a thriving community with a rich history and strong economic growth. Its strategic location offers easy access to local amenities, schools, and recreational facilities, enhancing the property's attractiveness to both tenants and business operators.
With its combination of residential comfort and commercial potential, 132 Three Chain Road represents a valuable investment opportunity. The reasonably low price point enhances its appeal, making it accessible for those looking to enter the property market or expand their investment portfolio.

Property Details for 132 Three Chain Rd, Port Pirie South

132 Three Chain Rd, Port Pirie South is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 600m2. The place is currently for sale with Future Realty SA.

Building Type
House
Land Size
600m2

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About Port Pirie South 5540

The size of Port Pirie South is approximately 15.4 square kilometres. It has 22 parks covering nearly 2.7% of total area. The population of Port Pirie South in 2011 was 3,744 people. By 2016 the population was 3,948 showing a population growth of 5.4% in the area during that time. The predominant age group in Port Pirie South is 50-59 years. Households in Port Pirie South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Pirie South work in a professional occupation. In 2011, 70% of the homes in Port Pirie South were owner-occupied compared with 66.2% in 2016.

Port Pirie South has 2,130 properties. Over the last 5 years, Houses in Port Pirie South have seen a 109.51% increase in median value, while Units have seen a 94.96% increase. As at 30 November 2024:

  • The median value for Houses in Port Pirie South is $283,395 while the median value for Units is $232,075.
  • Houses have a median rent of $360 while Units have a median rent of $210.
There are currently 2 properties listed for sale, and no properties listed for rent in Port pirie south on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Port pirie south.

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