5 & 7 Shard Crescent, Whyalla Stuart, SA 5608

Its not everyday that a well located property with significant land size and a healthy rental return comes to the market - let alone with the potential for further growth.

This pair of 3 bed 1 bath duplex sit on a whopping 1173sqm block with a significant 18.73m frontage facing a quiet crescent & large parkland.

Located approx just 1.4kms to the major shopping centre and surrounded by parks and access to schools, the property provides convenience to tenants and owner occupiers alike.

With polished timber floors throughout, split system aircon and ceiling fans the property has had various upgrades over the past 5 years.

The property sits in a generous development zone "General Neighbourhood" which provides for a range of land division and redevelopment options for suitable properties (all STCC).

Another feature often used by investors is to create a 2nd title and essentially then have 2 independent homes to hold or sell individually. (STCC)

7 Shard Cres is tenanted until May 2027 at $15,600 pa whilst 5 Shard Cres is tenanted until December 2026 at $14,560pa - a total of $30,160 per year combined or apprx 6.8% yield

Investors note that vacancy rate is just 1.79% and the past 90-day capital growth rate is a strong 7.14%

***all data is sourced from third parties we make no assurance as to accuracy***some photos are of the property prior to occupancy***any reference to development options refers to the zoning available for view at the PlanSA website