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For sale
17 Gannet Crescent,
Marion Bay 5575, South Australia
$819,000
Property details
-
Agents
Features
- Garage
- Investment
- Lifestyle
- Outdoor area
- Rural
- Undercover parking
Coastal income, family shack, holiday retreat. This property works three ways
Inspect this property from anywhere - 3D virtual walkthrough available here https://www.au.open2view.com/properties/996575/tour#homeview
Some coastal properties are purely an investment. Some are purely a getaway. This one has spent years being both - and doing neither half-heartedly.
Booked, managed and maintained by Reef Encounters under an ongoing agreement, it generates $30,000+ per year in growing, fully hands-free income. Between bookings it has served as a much-loved family shack and holiday retreat - the kind of place fought over on the school holiday calendar.
The current owner lives in Adelaide, enjoying the hands-free investment while still getting to enjoy the beach escape.
Reef Encounters handles every guest, every booking and every repair - the current owner simply collects the returns. The income has grown every year since the agreement began. For an Adelaide or interstate buyer, this is as close to a set-and-forget coastal asset as exists in this market.
Built in 2010 by the current owner and meticulously maintained, the home offers approximately 204sqm of living across two generous levels on an 800sqm block - and it feels every bit of it. It is a properly proportioned home that accommodates large families and groups without compromise.
Downstairs, the fully renovated kitchen anchors the living zone with brand-new appliances, a built-in wall oven and microwave, and storage designed for feeding a crowd. A generous bedroom sits alongside a beautifully appointed bathroom with an oversized double shower - ideal after a day on the water or out at the national park. The refreshed undercover entertaining area extends the living zone outdoors seamlessly, and a private fire-pit beside a magnificent gum tree is where the best evenings end.
Upstairs, ducted reverse-cycle air conditioning runs throughout. A large flexible bedroom currently sleeps up to ten - perfect as a bunk retreat or easily reimagined as a games room or divided into additional bedrooms. A further bedroom with built-in robe sits alongside a well-appointed bathroom with double vanity and rainfall shower. The pool room connects directly to the outdoor BBQ entertaining area via the rear staircase, reinforcing the home's easy indoor-outdoor flow that guests and families alike keep coming back for.
The 50sqm double garage with 3.3m ceilings was built for boats and serious coastal living. A powered and concreted shed handles vehicles and equipment. Solar power, solar hot water and 53,000L of rainwater storage keep running costs low and the property largely self-sufficient season after season.
Walk to the beach, shops and township. Minutes to Dhilba Guuranda-Innes National Park and world-class surf and fishing.
Why we love this property
Fully furnished property
$30,000+ p.a. income, growing annually
3.4% gross yield, hands-free from day one
Ongoing Reef Encounters agreement - bookings, management and maintenance included
800sqm block - 204sqm internal living across two levels
4 bed (convertible to 5-6) - sleeps 10+
Renovated kitchen with brand-new appliances
Two well-appointed bathrooms including oversized double shower
Pool room, undercover alfresco and private fire-pit
50sqm garage with 3.3m ceiling - boat storage
Powered and concreted shed
Ducted reverse-cycle AC upstairs, split system downstairs
Solar power, solar hot water, 53,000L rainwater storage
Walk to beach - minutes to Innes National Park
Contact Kate for inspection times, income figures and full Reef Encounters agreement details.
Specifications:
CT / 5459/940
Council / Yorke Peninsula
Zoning / RuS
Built / 2010
Land / 800m2 (approx)
Frontage / m
Council Rates / $2,133.10pa
Emergency Services Levy / $92.54pa
SA Water / $pq
Estimated rental assessment / $600 - $650 per week / Written rental assessment can be provided upon request
Nearby Schools / Warooka P.S, Yorketown Area School
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 | 335392
Some coastal properties are purely an investment. Some are purely a getaway. This one has spent years being both - and doing neither half-heartedly.
Booked, managed and maintained by Reef Encounters under an ongoing agreement, it generates $30,000+ per year in growing, fully hands-free income. Between bookings it has served as a much-loved family shack and holiday retreat - the kind of place fought over on the school holiday calendar.
The current owner lives in Adelaide, enjoying the hands-free investment while still getting to enjoy the beach escape.
Reef Encounters handles every guest, every booking and every repair - the current owner simply collects the returns. The income has grown every year since the agreement began. For an Adelaide or interstate buyer, this is as close to a set-and-forget coastal asset as exists in this market.
Built in 2010 by the current owner and meticulously maintained, the home offers approximately 204sqm of living across two generous levels on an 800sqm block - and it feels every bit of it. It is a properly proportioned home that accommodates large families and groups without compromise.
Downstairs, the fully renovated kitchen anchors the living zone with brand-new appliances, a built-in wall oven and microwave, and storage designed for feeding a crowd. A generous bedroom sits alongside a beautifully appointed bathroom with an oversized double shower - ideal after a day on the water or out at the national park. The refreshed undercover entertaining area extends the living zone outdoors seamlessly, and a private fire-pit beside a magnificent gum tree is where the best evenings end.
Upstairs, ducted reverse-cycle air conditioning runs throughout. A large flexible bedroom currently sleeps up to ten - perfect as a bunk retreat or easily reimagined as a games room or divided into additional bedrooms. A further bedroom with built-in robe sits alongside a well-appointed bathroom with double vanity and rainfall shower. The pool room connects directly to the outdoor BBQ entertaining area via the rear staircase, reinforcing the home's easy indoor-outdoor flow that guests and families alike keep coming back for.
The 50sqm double garage with 3.3m ceilings was built for boats and serious coastal living. A powered and concreted shed handles vehicles and equipment. Solar power, solar hot water and 53,000L of rainwater storage keep running costs low and the property largely self-sufficient season after season.
Walk to the beach, shops and township. Minutes to Dhilba Guuranda-Innes National Park and world-class surf and fishing.
Why we love this property
Fully furnished property
$30,000+ p.a. income, growing annually
3.4% gross yield, hands-free from day one
Ongoing Reef Encounters agreement - bookings, management and maintenance included
800sqm block - 204sqm internal living across two levels
4 bed (convertible to 5-6) - sleeps 10+
Renovated kitchen with brand-new appliances
Two well-appointed bathrooms including oversized double shower
Pool room, undercover alfresco and private fire-pit
50sqm garage with 3.3m ceiling - boat storage
Powered and concreted shed
Ducted reverse-cycle AC upstairs, split system downstairs
Solar power, solar hot water, 53,000L rainwater storage
Walk to beach - minutes to Innes National Park
Contact Kate for inspection times, income figures and full Reef Encounters agreement details.
Specifications:
CT / 5459/940
Council / Yorke Peninsula
Zoning / RuS
Built / 2010
Land / 800m2 (approx)
Frontage / m
Council Rates / $2,133.10pa
Emergency Services Levy / $92.54pa
SA Water / $pq
Estimated rental assessment / $600 - $650 per week / Written rental assessment can be provided upon request
Nearby Schools / Warooka P.S, Yorketown Area School
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 | 335392
Inspections
Explore the area
School catchments
- Warooka Primary School Primary R-6 Government 48.0km
- St Columba's Memorial School Primary R-6 Catholic 62.2km
- Yorketown Area School Combined R-12 Government 63.7km
- Kangaroo Island Community Education - Parndana Campus Combined Government 65.4km
- Kangaroo Island Community Education Combined R-12 Government 74.6km
- Kangaroo Island Community Education - Kingscote Campus Combined Government 74.7km
- Minlaton District School Combined R-12 Government 77.7km
- Stansbury Primary School Primary R-6 Government 83.6km
- Curramulka Primary School Primary R-6 Government 91.1km
- Kangaroo Island Community Education - Penneshaw Campus Combined Government 101.4km
- Central Yorke School - Point Pearce Campus Combined Government 103.2km
- Rapid Bay Primary School Primary R-6 Government 114.8km
- Kirton Point Primary School Primary R-6 Government 116.0km
- Navigator College Combined R-12 Independent 116.0km
- Central Yorke School Combined R-12 Government 116.7km
- Maitland Lutheran School Combined R-12 Independent 116.8km
- St Joseph's School Combined R-12 Catholic 117.2km
- Port Lincoln High School Secondary 7-12 Government 117.5km
- Ardrossan Area School Combined R-12 Government 125.6km
- Tumby Bay Area School Combined R-12 Government 125.6km
- Yankalilla Area School Combined R-12 Government 125.3km
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.
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Photos
Floorplan
Contact Kate O'Rourke
Contact Kate O'Rourke
Kate O'Rourke
17 Gannet Crescent, Marion Bay SA 5575
Request a callback
Kate O'Rourke
17 Gannet Crescent, Marion Bay SA 5575