An uncommon property on the Eyre Peninsula is providing potential consumers two residences for the value of 1.
The 930sqm block within the coronary heart of Port Lincoln features a three-bedroom home and a one-bedroom unit on the one title with two separate avenue fronts.
The home faces 4 Cranston Road whereas the unit fronts 3 Ruskin Highway, with a single fence on the rear of every dividing the 2.
It’s available on the market with a $320,000 worth information – nicely beneath Adelaide’s $493,000 median home worth and simply above Port Lincoln’s, which is $300,000, in line with newest realestate.com.au information.
Promoting agent Jade Fraser, of Kemp Actual Property, mentioned the two-for-one deal was attracting each traders and househunters because it supplied potential consumers the chance to both dwell in one of many residences and lease the opposite or lease each out.
“It’s possibility for a first-home purchaser as a result of they’ll dwell in a single and get a little bit of an revenue as nicely,” she mentioned.
“We’ve received just a few traders taking a look at it (and) we’re seeing lots of people of their 40s and 50s who’ve older dad and mom that want someplace to dwell shut by however not essentially below the identical roof.
“There’s additionally subdivision potential but it surely’s topic to council consent.”
Up till not too long ago each residences have been rented out however the tenants dwelling in the home not too long ago vacated, which prompted the proprietor to promote.
“The gentleman who owns the property lives in Sydney, he used to dwell in Port Lincoln however he’s determined to unfold his wings at bit,” Ms Fraser mentioned.
She mentioned the unit was rented out for $180 per week, whereas the home might doubtlessly provide $275 per week in return.
Each residences have been nicely sorted through the years, with the home not too long ago repainted whereas the unit’s rest room and laundry have been renovated.
“The one difficulty that we are able to see in the mean time is it’s not metered individually for energy and water in order that’s an expense that must be thought-about,” she mentioned.
Ms Fraser mentioned there have been just a few properties with granny flats or items within the yard throughout Port Lincoln however they didn’t typically have two avenue frontages.