1/11A Nile Street

Port Adelaide SA 5015

11A NILE STREET, PORT ADELAIDEAn investor's dream and genuinely hard to find. This fully tenanted block of three self-contained units sits in the heart of Port Adelaide's thriving business district, delivering instant rental income from day one with outstanding future upside.Three income streams. One title. One decision.THE UNITSUnit 1 1 Bedroom | $340/week | Periodic LeaseUnit 2 2 Bedrooms | $400+/week | Currently vacant & presented as the display homeUnit 3 1 Bedroom | $350/week | Periodic LeaseWith Units 1 and 3 already returning $690/week combined, and the spacious 2-bedroom centre unit (see photos) ready to be leased at $400+/week, this block is primed to deliver $56,680+ gross per annum from the moment you take ownership. All three units are self-contained, well-maintained, and have benefited from a series of practical upgrades in recent years meaning less maintenance headache and more money in your pocket from day one.WHAT MAKES THIS SPECIAL Three fully self-contained units on one title All leases periodic full flexibility for rent reviews, vacant possession, or future redevelopment Low-maintenance investment with key upgrades already completed throughout Unit 1 fitted with a brand new split system air conditioner Units 2 & 3 both have brand new electric hot water systems Unit 1 serviced by gas hot water Unit 2 vacant, beautifully presented, and ready to lease or explore as a short-stay rental opportunity 1 car park on site Zoned Urban Activity Zone unlocking a wide range of future land uses including redevelopment. Full information pack available upon requestPORT ADELAIDE IS MOVINGOne of Adelaide's most exciting growth corridors, Port Adelaide continues to attract strong buyer and renter demand driven by urban renewal, a thriving waterfront precinct, and consistently tight vacancy rates. The Urban Activity Zone classification only adds to the appeal drawing buyers with vision beyond the rental return alone.OPPORTUNITIES LIKE THIS DON'T WAITThree dwellings. Upgraded throughout. Flexible leases. A low-maintenance portfolio addition that's been looked after and is genuinely ready to perform. This is the set-and-forget investment savvy buyers wait years for and it won't last. Best Offers close Tuesday 26th May at 10 AM, unless sold prior. Contact Rens Huvenaars or Marco Fellegvari today to request the full information pack or arrange your private inspection.RLA 355694Disclaimer: The information contained in this advertisement has been prepared by eXp Australia Pty Ltd and its agents. While every effort has been made to ensure accuracy, buyers are encouraged to make their own enquiries and verify all details, inclusions, and features independently.Disclaimer: Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.