1 Douglas St, Port Augusta is a 10 bedroom, 7 bathroom Unit and was built in 1993. The property has a land size of 1600m2 and floor size of 106m2.
Positioned in a high-demand location close to the CBD, this is a rare and exciting investment opportunity to secure five income-producing units on a substantial 1,600 square metres of land over two allotments (two titles) with no easements. Fully leased and set to achieve a combined rental return of $1,180 per week from 01/07/2026, this property offers immediate income with strong tenant appeal.
The complex comprises five two-bedroom units, each designed to provide comfortable and functional living. Three units feature an open-plan living and kitchen area, two bedrooms, bathroom, laundry, and access to their own private backyard. The remaining two units offer an appealing layout ideal for shared living arrangements, featuring large open-plan living and kitchen areas, two generously sized bedrooms each with their own bathroom, plus separate laundries with backyard access.
Each unit also enjoys its own cosy private backyard, while comfort is catered for with air conditioning and ceiling fans throughout. Adding to the practicality and helping to ensure minimal upkeep, there are no carpets throughout the units. Open car parking spaces are also available within the front yard area for tenant convenience.
Located within close proximity to the CBD and everyday conveniences, this property presents an outstanding opportunity for investors seeking multiple income streams in one acquisition.
Outgoings:
- Council Rates (2025/2026 Financial Year): Approx. $1,687 per unit per annum
- ESL (Emergency Services Levy): Approx. $91.50 per annum
- SA Water: Owner responsible for initial quarterly SA Water account (water supply and usage), - with each tenancy reimbursing 1/5 share
- Sewerage: Septic system, with drainage arranged by Council and included within the rates
- Owner responsible for maintaining common yard areas
The size of Port Augusta is approximately 20.5 square kilometres. There are 47 parks, covering nearly 9.2% of the total area. The population of Port Augusta in 2016 was 6562 people. By 2021 the population was 6437 showing a population decline of 1.9% in the area during that time. The predominant age group in Port Augusta is 50-59 years. Households in Port Augusta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta work in a community and personal service occupation.In 2021, 53.40% of the homes in Port Augusta were owner-occupied compared with 54.70% in 2016.
Port Augusta has 4,089 properties. Over the last 5 years, Houses in Port Augusta have seen a 120.53% increase in median value, while Units have seen a 100.50% increase. As at 31 May 2026:
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