No, it is not a misprint! This sensational 3 bedroom house with loads of separate indoor and outdoor living areas (sunken lounge, sitting area, front deck, rear deck, rumpus room, study nook) has been operating as a very successful holiday rental for the past 5 years. The current owners have steadily built it up so that it is now booked solidly throughout the year (but still with some capacity to improve). In 2014-15 financial year it grossed more than $48,500 (excluding bonds). That means its income was a whopping $932 a week. In 2015-16, bookings (as of early October) already stand at over $24,000.
The property is sold on a walk in walk out basis - so all the internal furniture (and some outdoor furniture), bedding, crockery, cutlery and cookware, electrical items (including 3 x LCD TVs (living room, main bedroom and rumpus room), stereo, DVD, stainless steel dishwasher, fridge, front loading washing machine etc), Wii gaming console, pool table, books/games/CDs etc, gas BBQ and much more.
The property is also sold with all forward bookings (should the new owner wish to continue operating the property as a holiday rental - and why wouldn't you!). The current owner is willing to continue to manage the property (including marketing, taking and managing all bookings, coordinating cleaning & linen/maintenance/gardening) - so you will have a complete turn key, stress free, holiday rental that you can use whenever you wish and which (depending on how often you use it and how your finance is structured) should cover all its costs and possibly even generate you a passive income.
So that's the holiday rental side of this property. Now to the house itself...
You will love your holidays at this bright and breezy property at Goolwa South. It is a coastal retreat with a tropical vibe and can accommodate up to 7 people in comfort.
Enter the retreat via an intriguing timber path to the stunning outdoor entertaining area with water feature that creates a peaceful ambiance. Stunning timber bifold doors open into the informal living incorporating dining (extendable table can seat up to 10), and modern kitchen with stainless steel appliances and a new dishwasher. Adjoining is a lounge room (with big screen HDTV) that leads to a second covered deck. The front deck has a big timber table that easily seats 8 people. The rear deck has another timber table that seats four.
There are so many separate "hang out" spaces in this house that each person can have their own! Front deck (x 3 spaces including the big table), back deck, day bed, red chair with foot stool, lounge room (with big leather lounge), rumpus room (with pool table, couch and TV for games/DVDs) and a bench under the backyard trees (filled with many different birds all day!). There is even a study nook off the main lounge.
Each bedroom is beautifully presented and includes built-in robes. The main bedroom has a QS bed with pillowtop mattress and sliding doors to a gorgeous morning coffee nook. It also has a built-in swivel TV. The second bedroom has a QS bed with pillow top mattress and looks out to the tropical pond. The third bedroom has a double/single bunk for maximum flexibility!
The property has split system air-conditioning, timber floors throughout the living areas and quality blinds (many of them near new custom made roller blinds).
External features include rear outdoor living with gas BBQ (with wok burner), outdoor shower, outdoor fishing sink, lush low maintenance gardens (with automatic sprinkler) and spacious games room (with pool table, games/DVD TV). A new enclosed pet area has been added to the rear deck. This is a particularly good space for cats and a large cat tree is included.
The Goolwa golf course is located at the end of the street. It is a just a 4 minute walk to the river and the Aquacaf. The magnificent Goolwa beach (and Bombora Cafe) is a 15 minute walk away.
Bedding Configuration
3 Bedrooms
Two Bedrooms with Queen Size beds
One Bedroom Double/Single bunk
There is nothing else like this on the Fleurieu. Sure there are other similar houses. Some of them may even be holiday rentals that come fully furnished (and with a history of bookings during school holidays). But none of them will have returned nearly 13% gross in the last financial year. If you want a funky beach house on the south coast but don't want to be forking out hundreds of dollars every week to pay for it, then this is the property for you.
If this property is so good, why are they selling? Sadly, due to recent serious illness of one of the owners.
They will supply full financials and details of forward bookings to interested parties. Just send a request.
Because of the high level of occupancy on this property, inspections will only be possible when the property is vacant or during changeovers. Please contact us and we will send you a list of possible inspection days/times.
Please note: of course past returns are no guarantee of future returns. This is not being offered or sold as a business. It is a residential house which has a history of holiday rentals with the current owner. The new owner may choose to continue it as a holiday rental, or not.
(RLA 270635)
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