If you're looking for a low-maintenance investment, this property could be just what you need. It features three separate two-bedroom, one-bathroom homes on one title, giving you six bedrooms and three bathrooms in total. Situated on a 962sqm block, these homes are well spaced out and offer a low-maintenance lifestyle that will appeal to tenants. The property backs onto a peaceful reserve, providing lovely views and a quiet setting, while still being close to local amenities.
All 3 homes are already tenanted on long-term leases, each achieving $250 per week, meaning you'll start earning income right away. The homes themselves are simple, functional, and easy to look after, with an open-plan layout that includes a functional kitchen, lounge, and dining area. Each home also has a laundry just off the kitchen, and a bathroom with a shower, toilet, and vanity.
There's plenty of outdoor space, with three carports, one garage, and three garden sheds for extra storage. Two homes feature front decks with sea views, and one has a full veranda perfect for relaxing and enjoying the reserve views. All three homes are wheelchair accessible, which adds extra appeal for tenants. Plus, with electric hot water systems and reverse-cycle air conditioning, comfort is guaranteed year-round.
Rainwater is available, which helps reduce water costs, and the gardens are easy to maintain, making this an even more attractive option for tenants who prefer hassle-free living. With minimal upkeep required, this property offers a great opportunity to earn a steady rental income without the stress of constant maintenance.
Your next opportunity awaits:
- Triple income producing homes on one title
- Not community or strata titled
- Great tenants in each of the 3 homes
- Ample parking available
- Separate HWS for each dwelling
- Backing onto private reserve
Specifications:
CT / 5222/731
Council / Streaky Bay
Zoning / N
Built / 1995
Land / 962m2 (approx)
Frontage / 30.18m
Council Rates / $4,273.60pa
Emergency Services Levy / $82.50pa
SA Water / $78.60pq
Nearby Schools / Streaky Bay Area School, Miltaburra Area School, Karcultaby Area School, Ceduna Area School
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA l 226409
