194/194A Mead StreetLargs Bay SA 5016
Property Details for 194/194a Mead St, Largs Bay
194/194a Mead St, Largs Bay is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 509m2.
Last Listing description (August 2026)
Approx. $1,200 Per Week Rental Return | Ideal for SMSF & Savvy Investors
Some investments simply work harder than others.
Welcome to 194 & 194A Mead Street, Largs North-a rare dual-key property delivering two self-contained residences on one title, multiple income streams and the kind of flexibility investors search for but rarely find.
Front Residence
A fully self-contained home featuring:
1-2 bedrooms
Spacious open-plan living
Well-appointed kitchen
Renovated bathroom/laundry
Independent front and side access
Ideal for long-term tenants, short-stay accommodation or extended family.
Rear Residence
Offering generous family accommodation with:
3-4 bedrooms
Two separate living areas
Galley-style kitchen
Renovated bathroom
Separate laundry
Third toilet
Dry cellar
Large backyard
Oversized garage
Together, the property provides an estimated rental return of approximately $1,200 per week, delivering immediate cash flow with the added benefit of two independently occupiable residences.
Why Investors Love Largs North
Largs North continues to attract strong investor attention thanks to its strategic location between Adelaide's coastline, Port Adelaide's ongoing revitalisation and major employment hubs.
Minutes from beautiful beaches, local cafs, public transport, quality schools and shopping, the suburb also enjoys easy access to the CBD, Osborne Naval Shipyard, Techport Australia and significant defence industry investment-supporting strong tenant demand and long-term growth potential.
For SMSF investors, this is the type of asset that combines:
Strong rental yield
Diversified income from two residences
High tenant appeal
Excellent long-term capital growth prospects
A low-maintenance addition to a growing portfolio
Dual-income opportunities of this calibre are tightly held and increasingly difficult to secure.
One title. Two incomes. Exceptional flexibility. Outstanding investment potential.
Enquire today to secure one of Largs North's most compelling investment opportunities.
RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Property History for 194/194a Mead St, Largs Bay, SA 5016
- 15 Jul 2026Listed for Sale Notice of offer 10th August USP
Recent sales nearby
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0About Largs Bay 5016
The size of Largs Bay is approximately 2.4 square kilometres. There are 2 parks, covering nearly 2.2% of the total area. The population of Largs Bay in 2016 was 4081 people. By 2021 the population was 4104 showing a population growth of 0.6% in the area during that time. The predominant age group in Largs Bay is 50-59 years. Households in Largs Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Largs Bay work in a professional occupation.In 2021, 77.00% of the homes in Largs Bay were owner-occupied compared with 74.60% in 2016.
Largs Bay has 1,883 properties. Over the last 5 years, Houses in Largs Bay have seen a 67.86% increase in median value, while Units have seen a 94.49% increase. As at 31 July 2026:
- The median value for Houses in Largs Bay is $1,113,208 while the median value for Units is $655,973.
- Houses have a median rent of $650 while Units have a median rent of $535.
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