1/1a Giles St, East Side is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in January 2019.
Situated in the highly desirable East Side precinct, this outstanding property has been cleverly designed to offer two fully self-contained, modern residences on one title - an investment opportunity that's hard to beat.
Currently, the front unit is leased at $535 p/w until 19/06/26, while the rear unit is leased at $500 p/w until 07/11/25. Together, they generate an impressive rental income of approximately $52,375 p/a - offering an attractive gross return of around 8.75% for the astute investor.
The front dwelling is an immaculate 2-bedroom, 1-bathroom unit featuring a fresh modern interior, quality finishes, and low-maintenance appeal. The rear dwelling is also a stylish 2-bedroom, 1-bathroom home, boasting a spacious open-plan design, generous outdoor entertaining space, and a great yard for added versatility.
Both units are tiled throughout, feature reverse cycle air conditioning for year-round comfort, and are fitted with Vis-guard security screens for added peace of mind. Solar power helps keep running costs down - a smart bonus for both tenants and landlords.
East Side remains one of Alice Springs most popular residential areas, known for its peaceful tree-lined streets, proximity to schools, parks, shops, and its easy access to the CBD. Properties here enjoy high demand, ensuring strong rental yields and capital growth potential.
Whether you're expanding your portfolio or seeking a high-performing investment in a blue-chip location, this dual-dwelling gem is ready to reward you from day one.
Call Lindsay to find out more and book an inspection.
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The size of East Side is approximately 4.0 square kilometres. It has 11 parks covering nearly 10.0% of total area. The population of East Side in 2016 was 2919 people. By 2021 the population was 3098 showing a population growth of 6.1% in the area during that time. The predominant age group in East Side is 30-39 years. Households in East Side are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Side work in a professional occupation.In 2021, 54.90% of the homes in East Side were owner-occupied compared with 54.00% in 2016.
East Side has 1,374 properties. Over the last 5 years, Houses in East Side have seen a 4.56% increase in median value, while Units have seen a 14.17% increase. As at 30 November 2025:
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