Solid stone home on corner allotment

Positioned on a spacious 855m² corner allotment, this solid stone family home with a tiled roof offers a practical layout and strong investment appeal. The kitchen features an electric stove and adjoins a dedicated dining area, while the carpeted lounge provides comfort with reverse cycle air conditioning and slow combustion wood heating. There are three bedrooms, including built-in robes and a ceiling fan in the main bedroom. The bathroom includes a separate shower and vanity, complemented by a separate toilet and laundry for added convenience.
Outside, the property includes an enclosed double carport with a separate office or storeroom, a woodshed, and a pump on bore. The grounds are easy to maintain, making it ideal for both tenants and owners. Currently leased to a long-term tenant at $227.50 per week, the fixed-term lease runs until October 2026. Council rates are $313.50 per quarter, and SA Water costs (nett after tenant reimbursement) are $82.30 per quarter.
This is a solid opportunity for investors seeking a reliable return or buyers looking for a well-located home with scope to personalise.

Property ID: 1385070