Exciting investment or 1st home opportunity!

Inspection is by appointment only so please call to arrange your viewing time.

Perfectly positioned between the city and the sea in the tightly held suburb of Cowandilla, this comfortable family home is an ideal opportunity for investors looking for an easy-care acquisition to their portfolio, first-time home buyers looking to enter the market or young families alike.

Situated in a peaceful and securely gated street, the property boasts a charming frontage, superb living space and low-maintenance living inside and out - truly an immediate move in or rent out proposition investors or 1st home buyers will not want to miss, so inspection is a must!

Currently leased to a long term tenant until the 8th of May 2023 at $470 per week fixed, enjoy the benefit of rental income from the time of purchase. Built in 2000, from an investment perspective the property can be depreciated with the aim to either move in at the end of the lease or continue to lease it out with a rent adjustment in accordance with market conditions at the time. The current market rental appraisal for the property is $530 - $550 per week.

Featuring a three-bedroom layout and sitting on an allotment of approximately 376 sqm with approximately 133 sqm of living space, the property is sure to impress! Owners will enjoy the spacious master bedroom complete with a his and her walk-in robe and ensuite for their convenience. This room is complimented by a further two good-sized bedrooms, both with built-in robes. Servicing these two bedrooms is the main bathroom, which offers a separate bath and a second, separate toilet.

The rear of the property features a light-filled open-plan living, dining and kitchen area creating the perfect space for entertaining family and friends, and the avid chef will enjoy preparing meals in the generous sized kitchen that is complete with gas cooktop, electric oven, plenty of cupboard and bench space, dishwasher and a built-in pantry for additional storage needs.

From here, the property opens out into a well manicured, low-maintenance rear yard. This part of the home also features a paved outdoor entertaining area, which is the perfect addition to the already generous living area and a great place to sit and enjoy the garden on a sunny day. Please note that the garden shed belongs to the tenant and will not remain as part of the sale.

For vehicles, a fully paved driveway and double garage complete with automated roller door sits alongside the house. In addition to this, the ducted reverse cycle air-conditioning will ensure that the property remains cool during the summer and comfortable and cosy during the colder months.

Just moments away from Harbour Town, Kooyonga Golf Club, local cafes, restaurants, specialty shops and quality schools including Cowandilla Primary School and Plympton International College, the property is truly set in a highly accessible and convenient lifestyle location and really ticks all the boxes - an opportunity investors and first home purchasers won't want to miss!

Key features of this beautiful property:

Completely freestanding
Ducted reverse cycle air conditioning
Open plan kitchen, living and dining area
Gas cooktop
Dishwasher
Ample storage space
Ensuite and walk-in-robe to the master bedroom
Built-in robes to bedrooms 2 and 3
Main bathroom with bath, shower, vanity and separate toilet
Instant gas hot water system
Separate laundry with built-in cupboard, benchtop and external access
Double car garage with internal access and automated roller door
Wired for NBN
Well maintained low-maintenance garden
Side paved courtyard entertaining area
Quiet and secure street
Ideal central location
Close to schools, shops, restaurants Cowandilla library and public transport

Specifications:

CT / 5913 / 602
Title: Community titled
Year built: 2000
Estimated Rental Assessment: $530 - $550 pw
Council: City of West Torrens
Council Rates: $1170 pa (approx)
Water Rates: $221 pq (approx)
Community Fees: $250 - 350 pq (approx)
Land size: 376 sqm (approx)
Living space: 133 sqm (approx)
Frontage: 12.52

Features