15 Paxton Street, Semaphore South SA 5019

Only 4 houses from the beach and walking distance to Semaphore Road's so-hot-right-now café scene, this Art Deco dazzler has 'dream home' plastered all over it.

Leased at $435 pw until 12 May 2017 (on a fixed term tenancy), it affords a cruisy intro to Semaphore's much-loved coastal strip - a beachside pocket without the frenetic pace (and price tag) of nearby Henley Beach or Glenelg.

This is an investment opportunity you can sit on with confidence, knowing that your wonderful tenants of the past 9 years will continue to enjoy (while paying down your mortgage) the enviable location and stunning original character (lots and lots of exquisite leadlight, stunning ceiling motifs and polished jarrah floors) of a1948 home, ideally set up for family life on a huge 834sqm approx block, complete with irresistible North-facing backyard and valuable rear access to covered parking for 4 cars.

You're thinking 'wow', right? And with 3 double bedrooms and 3 bathrooms including 2, (yes 2!), full suites with walk-in robes, flexible lounge, dining and family areas, (think extra bedroom or study), and a lovely big deck for non-stop summer entertaining under the pergola, the extended floor plan gives you all that you need to attract quality tenants or just move in and enjoy!

But the true value lies in how it could play out as a dream home for you and yours. You know, the one with the seamless indoor/outdoor living areas (STCC)? Whatever you decide, it's a chance to set yourself up (for life) in a coastal hotspot that retains its sense of community and where fortunes can still be made!

To finalize a deceased estate.
And there's more:
Split system r/c air conditioning
Gas coal fire to lounge
Neat and tidy kitchen with gas cooking
Useful study/storage nook in hall
Separate laundry with third bathroom facility, handy to deck
Auto double garage plus auto double carport off Stella Lane at rear
Original garage (attached to house), great storing kayaks etc.
Also walking distance to Noonies beach café, buses, Odeon Star Cinema, Le Fevre High School, EP Nazar Reserve and more