Positioned in Kinnane Street within the established residential pocket of Whyalla Norrie, this expansive residence delivers scale, flexibility and immediate income in one compelling package. Securely tenanted at $400 per week, it offers instant cash flow from settlement - a strategic acquisition for the astute investor.
Substantial in size and designed to accommodate large families with ease, the home showcases airy interiors bathed in natural light, complemented by soft, neutral tones throughout. The upgraded, highly functional kitchen and modernised bathrooms provide practical everyday comfort, while undercover parking enhances convenience and peace of mind. A roof replacement has been completed at some stage, internally the walls have been painted; adding further long-term confidence to the asset.
What truly elevates this opportunity is the inherent versatility. The property was previously configured as two semi-detached dwellings and presents a clear pathway to reinstate this arrangement with relative ease. Two electricity meters remain in place, along with two hot water services. Currently serviced by one water meter, the conversion would require installation of an additional kitchen and laundry, together with segregated fencing. The outcome? Two generously proportioned homes - each highly appealing to the rental market and broadening your income potential.
Key Features:
*FOUR bedrooms with built-in robes
*Spacious inviting kitchen with lots of room to cook with the family
*Dining area for the BIG family table
*TWO bathrooms - One with shower only, the other with separate bath + shower
*Generous double lounge area
*Second living area - Use how you please !
*TWO separate toilets
*Multiple heating and cooling units throughout
*Easy care polished floorboards
*Blank canvas yards
*Shed
*Garden shed
*Carport with automatic rollerdoor - Bonus of internal access
*Open Carport which also provides weather protection to your front door
*Electric hot water services & cooking
*Rainwater tank
Beyond the allotment, Whyalla continues to strengthen its economic and lifestyle credentials. The region attracts significant tourism through the world-renowned annual aggregation of the Giant Australian Cuttlefish, drawing divers and marine enthusiasts from across the globe. Investment in foreshore infrastructure, including upgrades around the Whyalla Jetty, further enhances community vibrancy and long-term appeal.
Large in scale, rich in opportunity and underpinned by immediate income - this is a standout investment with both present returns and future upside.
Allotment size: 1,070m2 approx
Council rates: $TBA
Currently leased at $400 per week until October 2026 - Tenant pays all water usage and supply charges
RLA 110
