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41 Railway Crescent Evanston SA 5116 Rarely does a property with such unique potential come to market. Situated in a convenient Evanston location, 41 Railway Crescent presents a quality steel framed 2001 built home with outstanding investment opportunity with a total of four separate dwellings on one title, recently renovated and ready for immediate rental. With a projected return of approximately $1,400 per week, this property would also be ideal for self-funded retirees seeking to live comfortably in the main residence while generating income from units 2, 3, and 4. The Main Residence The main home has been freshly updated with new carpet and modern finishes throughout. It offers three bedrooms plus a study. With sliding door access and an adjoining private study retreat, the master bedroom provides a quiet and functional space to unwind or work from home. Bedrooms two and three are well-sized, with bedroom three featuring a built-in robe. The central bathroom is well-appointed with a separate toilet for added convenience. A stylish kitchen with a new induction cooktop flows into a spacious open-plan living and meals area, kept comfortable year-round with reverse cycle air conditioning. Additional features include roller shutters along the front for privacy and security, a fenced verandah, a shed for the hobbyist, and an excellent full-size rear yard with room for a boat, caravan, or trailer. A large carport provides space for multiple vehicles. Units 2 & 3 - Self-Contained Living Designed for independent living, both units feature one bedroom plus a study, a kitchenette, bathroom, and generous living space. Each includes its own reverse cycle air conditioning for year-round comfort, a private storage shed, and access to a communal laundry and open shared space. Unit 4 - The Granny Flat The separate granny flat offers a cosy retreat with a bedroom, living area, bathroom, kitchenette, verandah, and private storage shed. It also includes reverse cycle air conditioning for modern comfort. A shared double carport services units 2, 3, and 4. Location Benefits Set in an increasingly popular rental area, the property is within easy reach of public transport (including the Gawler train line), schools, parks, and shopping centres. The Northern Expressway is just minutes away, ensuring direct access to the Adelaide CBD. Whether you're seeking to expand your portfolio or enjoy a self-funded lifestyle with income from multiple dwellings, this exceptional opportunity ticks all the boxes.

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Yasmine Yadar

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