Outstanding Investment Opportunity

ONLINE AUCTION 6TH APRIL 2022 @6PM UNLESS SOLD PRIOR

This incredible investment opportunity, located in the heart of this amazing coastal town is offered to the public.

Consisting of 5 separate units, these Port Wakefield cottages offer multiple revenue streams. All units have a different floor plan and feel. Carry on renting them separately in fixed long term or maybe consider short term or casual nightly stays, the opportunity is yours for the taking.

LEASES CURRENTLY
UNIT 1
• 4 bedroom
• 1 bathroom
• Laundry
• Updated kitchen
• Formal living
• Current fixed term lease until 6/2/2023 for $420/week

UNIT 2
• 3 bedroom
• 1 bathroom/laundry
• Kitchen/dining
• Formal living
• Current fixed term lease until 15/11/2022 for $270/week

Unit 3
• 3 bedroom
• 1 bathroom/laundry
• Kitchen/dining
• Formal living
• Current fixed term lease until 12/7/2022 for $250/week

Unit 4
• 1 bedroom
• 1 bathroom/laundry
• Formal living
• Kitchen/Dining
• Current fixed term lease until 26/8/2022 for $200/week

UNIT 5
• Studio bedroom
• Open kitchenette/dining/lounge
• 1 bathroom
• Laundry
• Current fixed term lease until 4/7/2022 for $200/week

These properties are ready to go and it is a walk-out, walk-in scenario.

Additionally one of the buildings is currently leased to a commercial business with approximately 3 years remaining on the fixed lease at approx $11000/annum (please contact for more details).

With an abundance of vacant land on this allotment there is definitely potential for further development (Subject To Planning Consent).

You do the figures. When have you seen a better investment opportunity?

For further details please contact Rachel Lawrie on 0428 882 864 or email rachel.lawrie@raywhite.com RLA 281212

Explore the area

School catchments

Port Wakefield Primary School Primary R-6 Government 0.25km
Horizon Christian School Combined R-12 Independent 24.8km
Balaklava High School Secondary 7-12 Government 25.0km
Balaklava Primary School Primary R-6 Government 25.1km
Ardrossan Area School Combined R-12 Government 33.9km
Owen Primary School Primary R-6 Government 37.6km
Bute Early Learning and Primary School Primary R-6 Government 38.1km
Mallala Primary School Primary R-6 Government 43.3km
Snowtown Primary School Primary R-6 Government 45.3km
Kadina Memorial School Combined R-12 Government 47.5km
Harvest Christian College Combined R-12 Independent 47.5km
Maitland Lutheran School Combined R-12 Independent 47.6km
Wallaroo Mines Primary School Primary R-6 Government 48.0km
Central Yorke School Combined R-12 Government 48.0km
Blyth Primary School Primary R-6 Government 49.5km
Watervale Primary School Primary R-6 Government 52.2km
Moonta Area School Combined R-12 Government 52.7km
St Mary MacKillop School Combined R-9 Catholic 55.3km
Xavier College - Two Wells Campus Combined Catholic 55.4km
Riverton and District High School Secondary 7-12 Government 55.5km
Horizon Christian School Clare Campus Combined Independent 57.5km
St Joseph's School Combined R-9 Catholic 57.7km
Clare High School Secondary 7-12 Government 57.9km
Central Yorke School - Point Pearce Campus Combined Government 64.8km

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.

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