OFFERS CLOSED
Attention first-time investors, savvy landlords, and retirees – this opportunity is tailor-made for you!
Discover a meticulously presented, low-maintenance gem radiating warmth and exciting potential in the realm of over 55 living, whether you seek a new home or a lucrative investment. Nestled within a meticulously maintained 3-acre complex, each boasting its own Community Title (NOT STRATA TITLE), these charming single-story units are designed for those aged 55 and above (OCCUPANT MUST BE 55+, BUYER CAN BE YOUNGER PROVIDING THEY ARE LEASING). They are situated less than 10 minutes from the beach and a stone's throw away from quality healthcare, public transport, Drake supermarket, café/restaurant/takeaway and hotel.
Unit 42 - This unit, among the larger ones in the group, distinguishes itself with the added feature of disabled access, greatly enhancing its rental potential. Its more expansive layout sets it apart from the smaller units. It is currently under a fixed-term lease at $540pf, and this arrangement extends until August 2023. Following this, there is potential to offer a renewal at up to $650 pf to align with others in the complex.
Units 71 & 72 - Step into an enchanting space with inviting spaciousness and stylish decor upon arrival. Recently painted with freshly laid carpeting, these mirror-image units are move-in ready. Offering an interconnecting room, perfect for those who want to live with someone while maintaining their own space. The rooms are divided by a solid door, providing the option to keep it locked and secure, ensuring added privacy for two separate tenancies. The cozy living and meals zone, adjacent to the galley-style kitchenette, is well-appointed with ample cupboard storage, generous shelving, and a tiled splashback.
The sizable double bedroom features a large built-in robe and private access to a rear (Unit 72 shaded & enclosed) courtyard – an ideal spot for a relaxing afternoon cuppa. The unit also boasts a cleverly designed dual-purpose bathroom & laundry, complemented by reverse cycle air conditioning, vertical blinds, and security screen doors for peace of mind.
Constructed in 2010 and managed by Eureka Care ), the Onkaparinga Village offers a welcoming community atmosphere with charming gardens, scenic walkways, onsite entertainment & activities, and an onsite manager (COST IS INCLUDED IN BODY CORPORATE FEES ready to assist with your every need.
And here's the exciting part – there's not just one unit on offer, but three! (THERE WILL NOT BE A DISCOUNT FOR MULTIPLE BUYS) Perfect for those seeking an easy-care home or a rewarding investment, these properties currently yield an approximate 9% gross return (Units 71 & 72 have the potential rent of approximately $580-$600 per fortnight ) with a waitlist of eager tenants. Plus, you have the freedom to choose your own property manager. Additionally, Unit 42 is currently in a fixed-term lease at $540 per fortnight until August 2024, notably, this unit also has the potential to achieve a 9% return.
THIS IS NO DIFFERENT TO A COMMUNITY-TITLED PROPERTY IN THE COMMUNITY (OTHER THAN THE NOTED FEES) ONGOING OR WHEN YOU SELL THERE IS NO PAYMENT TO EUREKA, INVESTORS HAVE ADDITIONAL PROPERTY MANAGEMENT FEES OCCUPIERS HAVE NO ADDITIONAL FEES UNLESS THEY PARTICIPATE IN SITE ACTIVITIES THAT HAVE A COST.
Don't let this fantastic opportunity slip away!
ASKING PRICE & URL FOR VIDEO TOURS:
Unit 42 - $179,500 property tour https://youtu.be/WVsK4sTR3Ps
Unit 71 - $169,500 property tour https://youtu.be/1LlrnGpZoD0
Unit 72 - $169,500 property tour https://youtu.be/xV_8AQRIcqQ
Key Features:
- Over 55's living (ANYONE CAN BUY, NO YOU CAN NOT OCCUPY IF YOU ARE YOUNGER!)
- Outstanding, low-maintenance entry-level investment or easy-care home in a superbly convenient location
- Individual Community Title (NOT STRATA, BODY CORPORATE CARES FOR THE COMMON LAND)
- Units 71 & 72 have been recently upgraded with newly laid carpets and fresh paint
- Spacious bedroom with built-in robe and private courtyard access
- Charming private courtyard (U 72 has the shade cloth structure)
- Well-appointed galley-style kitchenette with ample storage (THERE IS NOT OVEN, RESIDENTS ARE ENCOURAGED TO USE MEALS ON WHEELS, LITE & EASY OR SIMILAR)
- Reverse cycle air conditioner wall unit in the bedroom
- Vertical blinds in the bedroom and living zone
- Security screen doors for added peace of mind
- Dual-purpose bathroom/laundry
- Electric hot water system
- A solid investment, each unit has the potential to achieve a 9% return.
Prime Location:
- Shopping Centre right next door (supermarket, cafés & amenities)
- Adjacent to lush reserves: Stillwell Park Reserve & Forsyth Reserve, plus Hackham Tennis Club
- Convenient public transport via Main South Road
- Proximity to Thaxted Park Golf Club, Woodcroft (~6 minutes)
- Vibrant Port Noarlunga township & jetty precinct (~8 minutes) with beachside restaurants, cafés & shopping
- Noarlunga Hospital (~6 minutes)
- McLaren Vale wine region (~14 minutes)
- Flinders Medical Centre (~16 minutes)
- Glenelg’s popular Jetty Road precinct (~24 minutes)
- Adelaide city centre (~30 minutes)
Built in: 2010
Title: Community (NO IT IS NOT STRATA, YOUR LAND YOUR UNIT, SHARED COMMON AREA)
Council: City of Onkaparinga Council
** FEES ARE A GUIDE ONLY **
Council Rates: $963pa for each unit (approx)
ESL: $75pa for each unit (approx)
SA Water: Paid by Body Corporate
Body Corporate: Admin: $490pq (approx) + Sinking Fee
TO VIEW this unique offering please COPY THE URL ABOVE TO VIEW THE VIDEO WALK THROUGH... those who hesitate will miss out!
TO MAKE AN OFFER, please send an EMAIL with your NAME, PHONE NUMBER, OFFER AMOUNT, DEPOSIT & CONDITIONS to [email protected]
Still have questions? please read what is in caps lock as these are the questions I have answered in every call received.
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