28 May Street Port Pirie West SA 5540

Tenanted investment | 3-bed house on large block | modern kitchen & split system | rental increase locked for 2026 This property presents a stable, low-maintenance investment with immediate cash flow. Its modernised interior and large block in a high-growth suburb cater to an investor seeking a hands-off holding with a reliable, long-term tenant already in place. The fixed rental increase provides near-term income certainty. The analysis is constrained by a lack of recent comparable sales data, obscuring true market valuation. Primary costs are the below-market yield against the purchase price and potential capital expenditure post-tenancy. For a buy-and-hold investor, its strength is its tenancy profile; consider it a set-and-forget income stream. Our detailed report would pressure-test the asking price against unlisted sales, scrutinise the tenancy agreement, and assess locality-specific insurable risks.