It's the coastal multi-tasker the avid investor should be here for. One Torrens Titled 712sqm (approx) allotment, two double-brick side-by-side homes, and lifestyle or landlord income, second-to-none…
Brilliantly located mere streets from Boomer and Knights Beaches, each three-bedroom home boasts a deep off-street presence, brick party wall division, and current tenancies bringing in solid annual returns of around 6%.
Valuable extras also include double carports, 6kW of solar efficiency per home, and colossal open plan living areas above, savouring idyllic country views from each equally expansive front deck.
North-facing outlooks where the hills nudge the sky? There's nothing like it – yet it's North Terrace at its best.
And yes, the retro aesthetic is infused throughout, from the exposed internal brickwork to each home's vintage kitchen, bathroom, and laundry, but it's the lifestyle potential and income leverage that give this unique offering its unparalleled appeal.
Keep tenants in for the long-term, or wait out the present leases, using your time wisely to plan a dual-home re-design – STCC – be it for lucrative holiday lodgings or to improve your current rental returns with a fresh modern outlook.
There are countless benefits for doing so in such in-demand coastal surrounds: bucket and spade days at Horseshoe Bay, casual lunch at the Flying Fish, bric-a-brac browsing along The Strand, and always something sweet from its iconic bakery.
Is there anything better than a North Terrace two-for-one offering? We doubt it.
A standout way to invest, down South:
2 x 3-bedroom homes on a 712sqm (approx)Torrens Titled allotment
Double carports (each unit) + ample off-street parking
6kW solar efficiency to each home
North-facing timber decks with idyllic hills views
Solid brick party wall
Colossal open plan living & dining zones upstairs
Retro kitchen with solid timber bench-tops
BIR's to 2 of 3 bedrooms
Split system R/C A/C comfort
Ground floor WC | Full bathroom upstairs
Hallway under stair storage
Common effluent to both units
Separate water meters
NBN available
Incredible 2-for-1 lease or lifestyle opportunity
Easy stroll to Boomer Beach & Port Elliot Oval
1km to The Strand for cafes & village retail
5km to Victor Harbor
And much more…
Specifications:
CT / 5627/304
Council / Alexandrina
Zoning / N- Neighbourhood (Residential)
Land / 712sqm (approx)
Frontage / 21.34m
Council Rates / $3,459.10 p/a
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools /Port Elliot Primary School, Victor Harbor High School, Victor Harbor Primary School, Encounter Lutheran School, Investigator College
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 337539
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