3/28 Wellington Street, Klemzig SA 5087

3-bedroom homette | tenanted at $590/week until mid-2026 | low-maintenance secure setting | compact alternative to Klemzig houses This property is competitively positioned as a lower-maintenance alternative to the detached houses that dominate Klemzig. Its three-bedroom configuration in a secure, convenient setting appeals directly to investors seeking established rental income, with the current tenancy at $590 per week providing immediate cash flow certainty until July 2026. The homette format also suits downsizers or first-home buyers who want more space than a typical apartment but less upkeep than a full house. Its location on Wellington Street places it within a primarily residential suburb where demand for compact, easy-care housing is steady, making this a practical choice for those prioritising income reliability over land size. The value of this property may be shaped by its format compared to the broader detached-house market in Klemzig, which typically commands higher prices but also higher holding costs. The current rental return appears competitive for a unit of this type, though the lack of disclosed details on parking, outdoor space, or internal condition means a buyer should verify whether the rent aligns with the property’s actual finish and amenity level. The tenancy agreement until 2026 offers income security but might limit immediate occupancy for an owner-occupier, and the strata nature of the property could involve body corporate fees that affect net yield. These factors should be weighed carefully when forming a view on price.