8 Francis Street, Peterhead SA 5016

Nick Psarros and Alex Nilsen from Ray White Port Adelaide/Largs Bay are pleased to present to the market this enticing investment prospect that marries timeless charm with modern convenience. Nestled within the serene coastal enclave of Peterhead, this 1940's Bungalow, a mere 5 minute drive from the inviting shores of Semaphore Beach, offers not only a prime location but also an immediate return on investment.

Currently tenanted until February 2024 at $370 per week, this property ensures a steady income stream from day one. Imagine the tranquility of owning a beachside haven while reaping the benefits of a secured rental agreement. The allure of Semaphore Road, with its lively cafes, eclectic shopping, and vibrant pubs, is just a stone's throw away, ensuring a high demand for this sought after location.

Step inside to discover a traditional layout boasting 3 generously sized bedrooms that capture the essence of the era while offering ample space for comfortable living. The living room exudes warmth and nostalgia, providing a cosy haven for relaxation. The updated kitchen seamlessly blends the best of the past and present, catering to modern needs without compromising on the property's inherent charm.

Venture outside to find a spacious rear yard, a canvas awaiting your vision. The shaded pergola is an idyllic spot to unwind and soak in the sea breeze. And let's not forget the 2 expansive sheds - a versatile space for storage, hobbies, or even future potential. The possibilities are boundless.

This property not only offers immediate rental returns but also serves as a promising investment for the future. Ride the wave of the ever-increasing demand for beachside properties as you bask in the comfort of a tenanted home. Come February 2024, you'll have the flexibility to explore various avenues - from continuing to rent to embarking on renovations that amplify the property's value.

The allure of this investment is undeniable, with a perfect blend of coastal allure, convenient location, and immediate returns. Don't miss out on this chance to own a piece of Peterhead's history while securing your financial future. Contact Nick Psarros on 0400 506 555 or Alex Nilsen on 0432 036 907 today to seize this golden opportunity!

Peterhead is a north-western suburb of Adelaide 15 km from the CBD, on the LeFevre Peninsula, in the state of South Australia, Australia and falls under the City of Port Adelaide Enfield. It is adjacent to Largs Bay and Birkenhead.

To place an offer on this property, please complete this Letter of Offer formhttps://forms.gle/WehvGVwwpn7gUvjQ7

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.