Charming 2-Bedroom Cottage - Fully Furnished and Tenanted at $400 p/w
This solid 2-bedroom home offers both comfort and convenience, making it a perfect investment. Currently tenanted on a fixed-term lease at $400 per week, this property is ready to generate income from day one. Equating to approx 8% gross return on full purchase price.
The home features a cosy living room while both bedrooms are equipped with built-in robes. The master bedroom includes a split system air-conditioner, and bedroom two has its own wall-mounted A/C, ensuring year-round comfort.
The spacious dining and kitchen area has been upgraded with sleek gloss cabinetry and stainless-steel appliances, making it both functional and stylish. The tiled bathroom offers a bath, and the separate laundry and W/C add convenience.
Step outside to enjoy the free-standing undercover entertainment area, perfect for gatherings, or take advantage of the double shed for storage or a workshop. The home also boasts near new floating timber floors, ceiling fans, roller shutters on the front windows for privacy, and a 3kW solar system for energy efficiency.
Located within walking distance to the picturesque Spencer Gulf, Westside Medical Centre, Pharmacy, Foodland, and other essential facilities, this home provides the ultimate combination of a great lifestyle and a sound investment opportunity.
Don't miss out on this well-maintained, income-generating property!
FAQ 2024/2025 Council Rates - $1,896.12 pa Current Lease - 13/02/2024 - 12/02/2025 Current Rent - $400 per week - Furnished Certificate of Title - Torrens Titled Easement(s) - No