Price Undisclosed
8 Bed • 2 Bath • 0 Car
New
Sold
Sold
5 - 7 Thomas Street, Edithburgh SA 5583
Price Undisclosed
- 8Bed
- 2Bath
- 0 Car
House Sold on Tue 29 Mar, 2022
What's around Thomas Street
House description
“A 3600 SQM ALLOTMENT WITH INCOME AND LOADS OF POTENTIAL”
This unique property is set in the heart of a lovely historic seaside township, currently earning $500 per week from 4 separate tenants.
The potential is untapped, A SPACIOUS HOSTEL SITS VACANT, it is registered for 20 people, Backpacker style recreational accommodation, featuring a well-equipped kitchen, multiple bedrooms huge lounge and games rooms and lots more.
In need of some minor TLC, "the current owner just simply does not have the time", this presents an excellent opportunity for a new owner to greatly increase their income.
Covid19 has caused many people to seriously consider the lifestyle and cost benefits of living in a regional community and as travel restrictions ease the tourists will flood back.
Edithburgh is a thriving town on the southern side of Yorke Peninsula, just 2 and a half hours from Adelaide it is renowned for its hospitality and its excellent fishing.
RLA266739
RLA266739 / www.christiesbeachprofessionals.com.au
Property features
Toilets: 5
Property video
Can't inspect the property in person? See what's inside in the video tour.
What's around Thomas Street
Contact the real estate agent
Kevin J. Barry
Professionals - Christies Beach
Send an enquiry
Nearby schools in and around Edithburgh, SA
Top reviews by locals of Edithburgh, SA 5583
Discover what it's like to live in Edithburgh before you inspect or move.
Discussions in Edithburgh, SA
Wondering what the latest hot topics are in Edithburgh, South Australia?
Similar Houses for sale in Edithburgh, SA 5583
Properties for sale in nearby suburbs
- 8
- 2
- 0