44 Lakin Crescent, Tumby Bay SA 5605

ANOTHER SOLD BY JORDAN FOSTER - 2022 RateMyAgent Award Winner: Number 1 Agent - Tumby Bay
More Properties Needed - Looking for professional advice on the sale of your property? Contact Jordan Foster on 0477 097 941

TWO HOUSES ON ONE TITLE - MULTIPLE INCOME OPPORTUNITY!

OPTION A: LIVE IN ONE & RENT OUT THE OTHER?
OPTION B: RENT OUT BOTH HOUSES 1 AND 2 WITH A POTENTIAL COMBINED APPROXIMATE RENT RETURN OF $675-$700 PER WEEK!!!
OPTION C: BIG FAMILY? LIVE IN BOTH (CURRENTLY BOTH WITH SEPARATE ENTRANCES, JOINED BY GARAGE / 2ND LIVING)
OPTION D: POTENTIAL TO DO A COMMUNITY TITLE SUBDIVISION WITH SHARED YARDS & SELL ONE OR BOTH (Subject to Council Consents & Others Relevant Approvals)

Inside photos are of House 1 which the owner lived in until recently. House 1 is rented on a fixed lease for $350 per week including water.
House 2 is currently rented at $325 per week including water with potential to increase to $350 per week on a fixed lease.
The current owner would prefer the buyer to keep the current quiet LONG TERM tenants in House 2.

Both houses are modern with beautiful designs. The build was finished end of November 2019.
House 2 has identical finishes and is a mirror image of House 1, except for House 1 has a single garage and House 2's single garage design has been converted into a second living.

Both houses have a spacious open plan living, dining & kitchen with induction cooktops, breakfast bar and butler's pantry with a dishwasher, extra sink and additional storage. Heating and cooling is sorted with split systems in the open plan living areas and ceiling fans in the bedrooms.
Each house has its own electric hot water service, water softener, modular rainwater tank & 6kW 22 panel solar system!
There is a low maintenance shared yard with garden beds out the front and back.
There is a undercover entertaining area lean-to off the shed.

Sit back, relax, and enjoy the slow-paced lifestyle that Tumby Bay has to offer. A popular year-round destination for fishermen and holiday-makers alike. A place where you can do as you please - sit back and enjoy the serenity of a beautiful seaside town, or get active and get out on the water. (Source: https://www.eyrepeninsula.com/tumby-bay)
Tumby Bay is just a 25 minute drive to the Port Lincoln Airport and then only a 50 minute flight to Adelaide. Driving time from Tumby Bay to Adelaide is six and a half hours & 35 minute drive to Port Lincoln.

LOW MAINTENANCE, LOW COST, LIVING
Check out the drone photo - This house is close to the beach! What's not to love.

BE QUICK to secure this amazing opportunity.
Inspections by appointment - Phone sold selling agent, Jordan Foster on 0477 097 941

Council Rates (2021-2022): $1,996.40, per annum (approximately)
SA Water (2021-2022): Supply Charge $68.60 + Water Usage, per quarter (approximately)
One water meter for the two houses.
Individual electricity bills.

Disclaimer: Floor plans, measurements and boundary outlines are approximate and are to be used as a guide only.
Both houses referred to as House 1 & House 2 are on one title - boundary outlines are for a visual reference only for the potential to rent separately. Both House 1 & House 2 outlined have separate entrances.
All information provided including rates and distances have been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy. We take no liability for any errors or omissions. Interested parties should conduct their own independent research to verify the accuracy of the information provided.