Sold
1/7 Lewis Road,
Carrickalinga 5204, South Australia
$318,000
Property details
-
Agents
Ray White Normanville
67 Main South Road, Normanville South Australia 5204
Features
- Close to beach
- Income producing
- Perfect investment opportunity
SOLD AT AUCTION!
Snap up this income-producing investment opportunity moment away from the Carrickalinga foreshore. Situated on popular Lewis Road that is only one street from the beach, the property is set among a small group of 3.
Formatted with 2 bedrooms, main bathroom, lounge and kitchen, the home is very comfortable and accommodating. Air conditioned, neutral paintwork, light and bright windows and a flexible layout allows year round comfort. A small rear yard allows for a green outlook, there is a shared laundry room onsite, and a dedicated garage spot for a vehicle provides off street parking.
The home is currently leased to very reliable long-term tenants, with a weekly return of approx. $220pw ($11,440 annually). The tenancy is fixed-term, and runs until 2nd April 2025 (tenants very happy to extend beyond that date). The property is professionally managed by Ray White Normanville.
If you are looking for an investment property on the popular and steadily growing rental market here on the Fleurieu - look no further. With a great tenancy, professional management and a price that is right, this rare investment opportunity is perfect. Contact Jason on jason.ohalloran@raywhite.com to learn more.
*NOTE - Property brochure pack available upon request.
*NOTE - Images provided show the property pre-lease and also with tenants currently in residence.
Land Size / 104 sqm (approx.)
Services available / Mains power and water
Local Council / District Council of Yankalilla
Rental Management / Ray White Normanville
Rental Return / $220pw
Annual Rental return / $11,420pa
Rental Tenancy / Ends 2/4/2025
Title / Strata
PLEASE NOTE: This property is being auctioned onsite, Sunday 8/9/2024 at 1:00pm (Unless Sold Prior) in line with current South Australian Real Estate legislation. Should you be interested we can provide you with a printout of recent sales to assist you in your value research.
The sales documentation including the Vendor's statement may be inspected at 67 Main South Road, Normanville, SA 5204 for 3 consecutive business days immediately preceding the auction; and will be on display at the auction for 30 minutes before the Auction commences.
Disclaimer: We have obtained all the information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
If a land size is quoted it is an approximation only. You must make your own inquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development inquiries and site requirements should be directed to the local govt. authority.
Explore the area
School catchments
- Yankalilla Area School Combined R-12 Government 3.0km
- Myponga Primary School Primary R-6 Government 13.5km
- Rapid Bay Primary School Primary R-6 Government 16.0km
- Southern Vales Christian College - Aldinga Campus Combined Independent 21.1km
- Aldinga Beach Primary School Primary R-6 Government 21.8km
- Cardijn College - Galilee Campus Combined Catholic 22.3km
- Aldinga Payinthi College Combined R-12 Government 22.3km
- Willunga Waldorf School Combined R-12 Independent 26.8km
- Willunga Primary School Primary R-6 Government 27.4km
- Willunga High School Secondary 7-12 Government 28.0km
- Mount Compass Area School Combined R-12 Government 28.4km
- Investigator College Combined R-12 Independent 28.8km
- Tatachilla Lutheran College Combined R-12 Independent 29.1km
- Seaford Rise Primary School Primary R-6 Government 29.6km
- Moana Primary School Primary R-6 Government 29.7km
- Victor Harbor High School Secondary 7-12 Government 29.8km
- Victor Harbor Primary School Primary R-6 Government 30.2km
- Seaford Secondary College Secondary 7-12 Government 30.5km
- Encounter Lutheran College Combined R-12 Independent 30.7km
- Sports College South Australia - South Adelaide Football Club Campus Secondary Independent 35.0km
- Cardijn College - Marian Campus Secondary R-12 Catholic 35.3km
- Cardijn College - Marcellin Campus Secondary Catholic 35.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.