5 Bedroom investment properties are few and far between but that's exactly what we have here. Only an hour from Adelaide, this is definitely one for the savvy investor keen to get their hands on a positively geared property with interest rates at record levels. Currently tenanted at $270 per week, the opportunity for a return in excess of 8% is there for the taking.
Local job confidence is high with employment at chicken farms and Primo Abattoir and recent sales in the area suggests more development could be on the horizon. Road works are due to commence in the not too distant future with the construction of the Yorke Peninsula overpass hopefully creating more demand for accommodation in the area.
Centrally located close to hotels, beach, school and shopping facilities, this 1900 built home is deceivingly spacious inside, has been well maintained, is in good condition and is very neat and tidy. Comprising 5 spacious bedrooms, lounge, large kitchen and meals area with reverse cycle split system air conditioning, bathroom, separate toilet and laundry.
Where else will you find a 5 bedroom home under $170,000? This is incredible value and demands your attention.
Port Wakefield is well known as the gateway to other popular tourist destinations such as the Yorke Peninsula, Copper Coast, Clare Valley wine region and more. This historic town is a nature enthusiasts dream with access to Clinton National Park, Samphire Coastal areas and tidal flats alive with mangroves, an abundance of wildlife and coastal birds.
Contact Scott Bockmann at our Ray White Yorke Peninsula Ardrossan office on 0427 519 628 to arrange your inspection.
