*UNDER CONTRACT* 2 beach side homes for the price of 1!

Adelaide Metropolitan Beachside Living

Situated on 1 title this rare offering provides an opportunity for totally independent dual living. This will appeal to 2 generation families seeking a granny flat style arrangement or astute investors seeking to maximise their returns.

The seller is a seasoned investor so we asked him what attracted his family to buy the property in the first place.

“The astute investor knows as well as capital growth it’s also about the returns, and without doubt will agree as to why would he seek a similar low priced property in the area with only 1 x rental income when for around the same purchase price and same operating costs you can buy a property that delivers 2 x rental incomes.

1 x rent = boring low rent return where as 2 x rent = exciting higher rent return.

The game of investment is to make money, not to lose it. It’s about trying to pay down debt fast utilising the stronger returns such as my property generates and aim for positive gearing instead of negative gearing ASAP. It is without doubt that an opportunisitc investor will see this rare, lower price, near beach side property the same as I did and realise it ticks all the golden boxes for his investment portfolio.” Andrew E. owner 19 Macquarie Street Moana

House A: 3 bedroom, 2 bathroom brick home with 2 living areas, gas appliances, reverse cycle air conditioner and a Queenslander all seasons sunroom.

House B: Cute solid timber, tiled roof, open plan former beach cottage with reverse cycle air conditioning (ideal for independent singles or couples seeking a simple near beach lifestyle.)

Both have private gardens shedding, independent street access and metered connections. Large allotment in quiet neighbourhood, handy to beach, cafe’s and facilities. Tranquil tree studded land at the rear of the property adjoins the Moana Sands Conservation area effectively meaning there is nothing between you and the beach! Quick commuting to Adelaide CBD via new electric rail line and duel express way (soon to be completed) and close to the Southern Vales winery district. All enviously situated in an area that is well known to be one of Adelaide’s nicest metropolitan beaches.

The double garage servicing the cottage also features a mechanics pit while the independent driveways provide ample access and parking for each of the dwellings for multiple vehicles, boats, vans, trucks etc. Off street parking for up to 8 cars.

Situated in a highly sought, high growth area this rare offering is sensibly priced for quick sale. Call today for further details and inspection times.

This property provides an opportunity for an enterprising owner to live in one dwelling while enjoying a rental income from the other and at this price making it possibly the most affordable dual occupancy/home & income/ totally independent house & granny flat currently available in the Moana beachside area.

www.christiesbeachprofessionals.com.au

Property ID: 685627