1-6/4 Davey Street, Parkside, SA 5063

bedrooms12
bathrooms6
carparks6

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Prime Investment Opportunity

1-6/4 Davey Street for Sale

Entire Block of Six Refurbished Units on separate strata titles 4 Davey Street, Parkside SA A rare opportunity to acquire an entire block of six individually titled units in one of Adelaide's most sought-after blue-chip suburbs. Architecturally designed this premium investment delivers strong immediate income with outstanding long-term capital growth potential. Net Rental Return: Approx. $174,720 per annum (2026) Six Separate Titles: Flexibility for future resale or strata subdivision Prime City-Fringe Location: High rental demand and exceptionally low vacancy Investment Highlights - Fully refurbished complex with contemporary appeal; each with own spacious balcony or courtyard garden - Strong tenant retention and consistent rental performance - Six individually titled units - sell down individually or retain as a high-yielding portfolio - Excellent depreciation benefits with minimal ongoing capital expenditure - Within the Glenunga International High School catchment zone - one of Adelaide's most sought-after educational precincts - Walking distance to cafes, shops, parks, and everyday conveniences - Close to all local services, including transport, healthcare, and major retail - Located in Parkside, one of Adelaide's most tightly held and consistently outperforming suburbs The Perfect Investment Combination Offering the ideal blend of income security, capital growth, and long-term flexibility, this is a set-and-forget investment in a premium lifestyle location with enduring demand. Council Rates $1,024 pa - per unit Water Rates $176.30pq - per unit
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