1/3 Croydon RoadKeswick SA 5035
Property Details for 1/3 Croydon Rd, Keswick
1/3 Croydon Rd, Keswick is a 8 bedroom, 4 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 692m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 8 bedroom BlockOfUnits sold in Keswick in the last 12 months.
Last Listing description (May 2026)
Offering an unprecedented opportunity, this exceptionally rare block of four individually titled Strata units presents a standout investment proposition that hasn't been offered before in tightly held Keswick. With all four units currently tenanted and delivering immediate income from day one, savvy investors will recognise the long-term value and stability that multi-unit freehold properties command in Adelaide's inner suburbs - where recent unit block sales in neighbouring suburbs have ranged strongly and attracted robust buyer interest due to proximity to the CBD, established rental demand, and limited supply of multi-title offerings. Whether holding for secure income, future value uplift, strategic re-development opportunity (STPC) or long-term portfolio growth, this is a truly unique chance to secure a freehold portfolio on the CBD's doorstep. Location benefits are a plenty, with Keswick being 10 minutes to the heart of the CBD, a short walk to the Parklands Train Station & Wayville Train Station, a short drive to the coastline and being nearby to the burgeoning Forestville re-development; offering amazing cosmopolitan eateries, shopping and fresh produce options.
- Once in a generation opportunity to secure all four units within one group in a city fringe locale
- Ideal for families, SMSF's or those looking to expanding their investment portfolio
- Total passing income of $93,340 per annum (gross, approx), encompassing all unit income
- Solid brick unit group with two units downstairs with private yards, two units upstairs with balconies
- Unit layouts are identical; with 2 bedrooms, 1 bathroom, 1 lounge & 1 car space each
- All units have been renovated throughout by the current owner approximately 12 years ago
- Scope to continue to add value to the group with further renovations & improvements (STPC)
- Large parcel of land at the rear of the block; ideal for creating extra car parking or storage (STPC)
- All the hard work is done, and is an ideal investment opportunity to collect immediate income
- Adelaide High School & Botanic High School Zoning; ideal for rental returns & for the future
- Positioned on the inner south-western fringe; only a 10 minute drive into the heart of the CBD
- Located nearby to the Adelaide Showgrounds, Adelaide Parklands, Train, Bus, Cafe's & Eateries
Unit features:
- 2 bedrooms | 1 bathroom | 1 carport space
- Spacious open-plan living, dining and kitchen space with s/s air conditioning
- Kitchen renovated with gas cooktop, dishwasher & IAG appliances & tiled splashbacks
- Floating floors to the open-plan kitchen, dining areas, carpets to the bedrooms
- Each with two good sized bedrooms, master with built-in robe & ceiling fan
- Renovated bathroom with floor-to-ceiling tiles, large shower and vanity
- Combined laundry with bathroom for convenience
- Upgraded Hager electrics, upgraded windows in living space
Lease & Income:
Unit 1 | Tenanted for $460 per week until 28/03/2027
Unit 2 | Tenanted for $450 per week until 15/11/2026
Unit 3 | Tenanted for $445 per week until 04/04/2027
Unit 4 | Tenanted for $440 per week until 06/09/2026
Total passing income of $93,340 per annum (gross, approx)
Other Information:
Title: Strata Title (All individually Strata titled)
Council: City of West Torrens
Zoning: Urban Corridor (Business)
Build: c1965
Total Land Area: 692m2 (approx)
Council Rates: $1,227.75 p/a (per unit)
SA Water: $176.30 p/q (per unit)
Emergency Services Levy: $95.15 p/a (per unit)
Strata Manager: Self-Managed By Current Vendors
Rental Assessment: $480 p/w (per unit)
All information has been obtained from sources deemed to be accurate, however, it cannot be guaranteed and neither the agent, agency or vendor accepts any liability for errors, omissions or oversights. Any reference to rates/outgoings, school zoning, planning consent, land/building sizes, build year, and solar panels are all approximate. It is recommended any interested parties conduct their own due diligence. If this property is being offered via public auction, the Form 1 (vendors statement) will be on display 3 business days prior to the auction, and for 30 minutes preceding the auction at the place of auction. RLA325330.
Property History for 1/3 Croydon Rd, Keswick, SA 5035
- 02 May 2026Sold for $525,000
- 14 Apr 2026Listed for Sale Sold At Auction By Daniel Seach
- 03 Mar 2025Listed for Rent $450 / week
Recent sales nearby
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About Keswick 5035
The size of Keswick is approximately 0.6 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Keswick in 2016 was 742 people. By 2021 the population was 754 showing a population growth of 1.6% in the area during that time. The predominant age group in Keswick is 20-29 years. Households in Keswick are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Keswick work in a professional occupation.In 2021, 44.50% of the homes in Keswick were owner-occupied compared with 45.70% in 2016.
Keswick has 625 properties. Over the last 5 years, Houses in Keswick have seen a 69.19% increase in median value, while Units have seen a 93.38% increase. As at 30 April 2026:
- The median value for Houses in Keswick is $1,133,154 while the median value for Units is $621,978.
- Houses have a median rent of $680 while Units have a median rent of $498.
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