RETURN ON INVESMENT OPPORTUNTIES
Located in Lock and positioned on an approximate 2-acre, 7895m2, block is this 6-bedroom and 2-bathroom home that has very strategically been built with two wings adjoining a spacious living area. Originally designed for a large family, the house is now currently leased to a local business for employee accommodation.
With a fixed lease agreement until July 2023, and the strong likelihood of extending, this property is providing excellent return on investment for the purchaser. The extra open space on the block and need for upcoming local rent also opens the possibility for negotiating future lease terms and arrangements.
The front undercover outdoor entertainment space is well protected from the weather, overlooks an impressive fenced off lawn, and has various access points to the house. Fully concreted, with power, lights, and television points, this is an excellent area for a family or tenants to spend time relaxing or entertaining during the warm summer nights or cool winter months.
The open style lounge and living room that connects to two wings, and has convenient access to the outdoor entertainment area, is of excellent size. At one end sits a large lounge and tv, while at the other is a pool table that fits comfortably. A combustion wood fire provides excellent warmth to the room and house during winter, while ceiling fans and a wall unit air-conditioner provide summer comfort.
On the left wing is the kitchen and dining area, along with two bedrooms that both have access to the first common bathroom and separate toilet. The right wing features three large bedrooms and one smaller bedroom plus a second common bathroom and separate toilet.
Four new Eco Alliance Dynaheat electric hot water systems have been installed, plus two 5000 gallon rainwater tanks to provide fresh water to the house. An excellent front lawn watering system is installed. A well positioned laundry to utilise the backyard clothesline with a third separate toilet adjoining it. A recent white ant treatment provides peace of mind to the buyer.
A three bay, 20f x 40f, shed with double sliding doors, fully concreted, and power connected provides excellent parking space for vehicles and storage / workshop space. An additional three undercover open carport spaces are well positioned next to the entry of the house.
If you have been looking for a spacious family home with an abundance of room or an excellent return on investment property, then this listing will tick all of your boxes.
HOUSE & BUSINESS OPPORTUNITY – LOCK ENGINEERING
An opportunity to buy the Lock Engineering business, with or separate to the house, is also an option for any potential buyers. Established in 1999, The current owners have enjoyed a successful 23 years servicing the local community and surrounding areas.
This business has a great reputation across the Eyre Peninsula for high quality products and services, with customers regularly returning for new and ongoing tasks.
For sale is the business and stock on hand, with an asking price for the business of $90,000 which includes plant and equipment, and goodwill, plus stock at valuation (less personal tools).
For all inquires please contact Nick 0428 383 833
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