128 Senate Road

Port Pirie

$245,000

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Property Description

Affordable Investment with Reliable Tenant and Future Upside

Built in the 1940s, this classic cement-sheet weatherboard bungalow offers plenty of potential for those willing to add some TLC. Set on approximately 650m², the home has great bones and a long-term tenant in place (since 2017), providing an immediate return while you plan the next stage.

The layout features three good-sized bedrooms, a spacious lounge with gas heating, and a separate dining room with air conditioning. The country-style kitchen includes a gas stove, generous bench space, and ample storage. A tiled bathroom, rear lobby, laundry, and separate toilet complete the practical floorplan.

Outside, there’s a double carport, small garage, and a front verandah with awnings — plus some simple, low-maintenance landscaping recently added to the yards.

The home does show signs of age, including possible termite damage and dampness toward the rear, so a buyer with a hands-on approach will see real value in restoring this one to its former glory.

At $245,000, this is an honest, entry-level investment in a solid location — a great chance to step into the market, earn rent from day one, and unlock future potential with some well-placed effort.

Price: $245,000
Land Size: 650m²
Tenant: Long-term (since 2017) and leased until 2027 (TBC)

Current rent: $235 per week - Last review was July 2025

Disclaimer:
Prospective purchasers are advised to conduct their own due diligence regarding the property’s condition and any necessary repairs or maintenance. The landlord reserves the right to increase the rent during a fixed-term tenancy, provided the increase is considered reasonable by the agent and occurs no sooner than 12 months after the previous increase. Any rent increase will be issued with no less than 60 days’ written notice. Wardle Co Real Estate accepts no liability for any errors, omissions, or reliance on the information provided.

RLA228106

Property Code: 11763

Property Features

Land Size

650 Square Mtr

Built-in Robes

no

Open Fire Place

no

Study

no

Solar Panels

no

Water Tank

no

Location

Agent

Lee Jackson

Agency

Wardle Co Real Estate
(08) 8633 4555
martin.stringer@wardleco.com.au
90 Florence Street Port Pirie
Port Pirie, SA 5540