Coming home with a young family from Sydney this couple bought #77-83 Commerce Rd to be next door to Mum & Dad ... & they saw the fabulous rental potential the rest of the land offered.
They renovated the home & sourced an income by leasing out the depot & the stables.
Work opportunities have taken them back to Sydney, & as Mum & Dad are currently selling their home next door, they are taking this opportunity to sell their land also ... the 2 parcels together makes 10acres.
In short
* the land measures 94.79m frontage x 213.36m depth = 20,224sqm
* & (whilst under review) is currently zoned Rural Living, Precinct 12 to District of Murray Bridge
* Located opposite a large residential development, zoned Residential.
* ?till 30th May 2013 the dwelling was leased @ $300.00pwk
* the depot is vacant at the moment, & was last leased at $1,400.00pmth (August to December 2012)
* the stables are vacant at present, & were last leased at $150.00pwk.
The home was built in 1978 & the current Owners renovated just over 2 years ago. There are 4 bedrooms, 2 bathrooms, laundry, open plan kitchen dining area & separate sitting room. Gourmet cooks will love the gorgeous black & white kitchen ... complete with lots of bench top space, loads of cupboards, dishwasher, 900mm Smeg stainless steel range hood & large (900mm, 90ltr) Smeg commercial stove.
For the families comfort there are
* ceiling fans
* split system air conditioner in the sitting room
* pracitical timber like vynal floor coverings in the kitchen & meals area & for warmth carpet in the sitting room & bedrooms
* built-in robes in bedrooms 2, 3 & 4
* the main bedroom has a walk-in robe & ensuite
* rain water tank
* ... the list goes on.
The depot is around 500sqm, sectioned, has 3 phase power & a concrete floor. Measuring 12.4m wide x 20m deep & includes the air conditioned office at the front of 6.8m x 6m.
The concrete brick stables include
* a small common room or office with adjoining toilet
* 1 storage alcove for feed
* 5 internal bays &
* 4 external bays
* = room for 8 ? 10 horses
(combined with the land for sale next door at #85 - 89 Commerce Road, this makes 10 acres of land with multiple sources of income)
If you?re looking for a comfortable home on a big parcel of land that also offers a potential for income, you?ve found it!
PRICE GUIDE: $540,000 - $560,000
NOTE: we also have the neighbouring property of 5 acres, being # 85 - 89 Commerce Rd, on the market with a Price Guide of $570,000 - $590,000.
For more details & viewing times please call me, we?d love to hear from you
Julianne Sheffield CPM RLA 162171
Principal : Raine & Horne ? Fullarton
187 Glen Osmond Road, Frewville, SA 5063.
W 08 8379 7118 M 0418 857 092
?I care about my clients,
my clients are my business?
John DeMichele CPM RLA 145239
Principal : Raine & Horne ? Murray Bridge
4 Seventh Street, Murray Bridge, SA 5253
W 08 85 32 3833 M 0417 811 435
?We?ll look after you?