Two character homes. 10 acres of stunning Lenswood country. One exceptional opportunity. Best Offer by 2nd Oct.
Positioned on a picturesque 4.05 hectare (approximately 10 acre) holding in the highly sought after Lenswood district, 130A & 130B Coldstore Road presents a rare opportunity to secure a substantial Adelaide Hills property with two separate residences, established orchard surrounds, extensive shedding and multiple income streams.
Offering the perfect blend of lifestyle, investment and long term potential, this unique property is ideally suited to investors, extended families, multi generational living or buyers seeking a premium Hills holding with genuine future flexibility.
Set amongst beautiful countryside with elevated views across the surrounding orchard landscape, the property includes a substantial 12.6 ML dam with 8.82 Mg L water licence, established orchard plantings (Galaxy Gala, Pink Lady, Lady in Red apples and 2 rows of yellow pears) and excellent supporting infrastructure
TWO HOMES AND TWO RENTAL INCOMES - short video; http://www.youtube.com/watch?v=j-4XQMDQBnI
130A COLDSTORE ROAD | CHARMING STONE HOME
A character filled circa 1915 stone residence offering timeless Hills charm combined with comfortable modern living.
The home is presented in good condition and features:
• 3 bedrooms
• 1 bathroom
• Spacious lounge room
• Light filled sunroom
• Renovated kitchen
• Dedicated laundry
• Character bathroom
• New roof
• Double garage plus single carport
• Single phase power
The interior was renovated approximately 10 years ago while retaining much of the home's original character.
Currently returning $460 per week, the lease is due for renewal on 18 November 2026, with potential to increase the rental return to approximately $490 per week, subject to market conditions and agreement with the tenant.
130B COLDSTORE ROAD | SPACIOUS DOUBLE BRICK RESIDENCE
A solid circa 1950s double brick home enjoying sweeping views across the surrounding orchard and countryside.
Offering a practical floorplan and comfortable accommodation, the home comprises:
• 3 bedrooms
• 1 bathroom
• Open plan kitchen, dining and living area
• Sunroom
• Laundry
• Single garage plus double carport
• Three phase power
The interior was renovated approximately 10 years ago and includes an updated mid 1990s kitchen.
Currently leased until 20 September 2027 to established long term tenants at $385 per week, the property presents further rental upside, with an indicative market rent of approximately $450 per week, subject to market conditions.
EXCEPTIONAL RURAL INFRASTRUCTURE
The property is well serviced with infrastructure rarely found in a dual residential Hills holding, including:
• 4.05 Ha (approximately 10 acres)
• 12.6 ML dam with water licence
• Mains SA Water connected to both residences and shedding
• Separate septic systems for each residence
• Shared bitumen driveway providing access to both homes
• Established orchard plantings
• Extensive shedding and storage
• Seven bay extended height implement shed
• Fully enclosed, dual level drive through equipment shed
• Separate single phase power to the sheds
The established orchards are not currently in commercial production, providing an opportunity for a new owner to restore, develop or repurpose the land to suit their own vision, subject to relevant approvals and requirements.
INVEST, LANDBANK OR MAKE IT HOME
Rarely does a property of this scale and flexibility become available in such a tightly held Adelaide Hills location.
With two existing homes generating rental income, substantial water resources, excellent shedding and approximately 10 acres of exceptionally pretty country, the property provides an outstanding foundation for a range of future possibilities.
Whether you are looking to secure a dual income investment, accommodate extended or multi generational family living, establish a Hills lifestyle property or landbank a premium Adelaide Hills holding, 130A & 130B Coldstore Road offers an opportunity that is increasingly difficult to find.
Two homes. One remarkable holding. Endless possibilities.
Council Rates = $3140 p.a.
Contact us today to arrange your private inspection.
