Located on a large 998sqm block, 400 metres walk to the heart of town. This Circa 1866 home has a long history and character and should appeal to the astute buyer looking for a great opportunity to obtain a cottage ready for some TLC. Currently tenanted for $200p/w (till August 2016) it could also appeal to the smart investor who knows or understands that Kapunda is desperate for more rental properties and shows high rental yields.
The home features:
3 Large Bedrooms
Combo Laundry/Bathroom
Sunroom
High Ceilings throughout
Good Sized Kitchen
Large Lounge/Dining area (or 2 living areas)
Rear Shed (double garage with concrete floor)
Secure rear yard for pets
Ample Parking for multiple vehicles and/or Caravan/Boat
Low maintenance gardens
Front bull-nose verandah
You won’t be sorry taking the time to look through this property, its been in the same family for 49 years, and now for sale at this very realistic price to finalise an estate. Yes it needs a paint, and freshen up, but you will also see the great bones of this character home that will reward the vision. The current capital value is $194,000 - priced to sell at $178k. Opportunity knocking folks, roll up the sleeves, invest today and add to your property portfolio with instant investment return and tax depreciation on capital works. Kapunda - easy commuting distance to Adelaide, Gawler and Barossa. A great community, strong employment and excellent regional facilities, its easy to see why this town is moving forward with new developments.
