Duplex homes on one title - Fantastic investment opportunity with great returns!

5-7 Kuranda Street, Port Lincoln, 5606

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380,000 AUDEst. Mortgage: AUD 2,670/monthFor Sale
  • Ownership Type Duplex/semi-detached
  • Property Area 1,081 sqft
  • Bedrooms 6
  • Bathrooms 2
  • Furnished No
  • Last Updated 2nd May, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Toilets: 2

Property Overview

The savvy investor will set their future up for success by quickly securing these two fantastic maisonettes on one significant title boasting 1,081m2 of land.<br/><br/>The homes share an adjoining wall down the middle and both consist of three bedrooms, one bathroom, one living room and a laundry each.<br/>Both rear yards are large and privately fenced with individual access via a side vehicle gate to each. There is room to add decent sized sheds should you wish.<br/><br/>These properties offer a great rental return with both being rented out indiviudally for a number of years.<br/>5 Kuranda Street is currently vacant and the expected rental return is approximately $280-$300 per week.<br/>7 Kuranda Street is already tenanted at $260 per week, with potential to increase at the lease expiry.<br/>Crunch the numbers, the rental yield is fantastic!<br/><br/>Located in Port Lincoln on the Lower Eyre Peninsula and renowned as the Seafood Capital of Australia. A 7 hour (650km) drive or an easy 50 minute flight from Adelaide. This thriving city is the perfect choice for your next investment where rentals are in high demand.<br/>Positioned in a convenient location close to Navigator College Lutheran School, Ravendale Community Sports Centre, Port Lincoln Gymnastics Club, Port Lincoln Netball Association, Port Lincoln Leisure Centre, Marina Hotel, cafes and more! The main CBD with everything else you need is only a 5 minute drive away.<br/><br/>With the opportunity to lease both or live in one and rent out the other, these won't long last! <br/>Contact Jordan Foster on 0477 097 941 for more information.<br/><br/>Council Rates (2022-2023) for 5 Kuranda Street: $1,148.80 per annum, approximately<br/>Council Rates (2022-2023) for 7 Kuranda Street: $1,148.80 per annum, approximately<br/>SA Water (2022-2023) for 5 Kuranda Street: Supply charge $70.80 per quarter + Sewer Access Charge $75.85 per quarter + Water Usage<br/>SA Water (2022-2023) for 7 Kuranda Street: Supply charge $70.80 per quarter + Sewer Access Charge $TBA per quarter + Water Usage<br/>Emergency Services Levy (2022-2023) for 5 Kuranda Street: $64.05 per annum, approximately<br/>Emergency Services Levy (2022-2023) for 7 Kuranda Street: $63.50 per annum, approximately<br/><br/>Disclaimer: Please note the 'Pantry' cupboards listed on the floor plan are freestanding and are excluded from the sale.<br/>Measurements and boundary outlines are approximate and are to be used as a guide only.<br/>All information provided including rates and distances have been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy. We take no liability for any errors or omissions. Interested parties should conduct their own research to verify the accuracy of the information provided.<br/><br/>RLA 274962

Location on Google Map

5-7 Kuranda Street, Port Lincoln, 5606

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