My vendor has decided 47a Jubilee Drive must be rented or sold.
Which presents any prospective purchaser with the option of trying the property before buying the property.
You can move to Coffin Bay on a 6/12 month lease, live here and experience the community and all that has attracted you to this page in the first place. If its everything you hoped it would be then simply buy the house.
The property is worth every cent of the $385,000 asking price.

47A and 47B were built with a long term plan in mind. Build 2 quality homes in a good location, rent one, holiday rent the other and have occasional access for personal use,when the time comes to retire in Coffin Bay move into whichever one feels right.

The plan has for a number of years worked well. 47A has been permanently rented to good tenants with a rent regularly over $300 pw and 47B or “The Curly Sea Horse” has become a favourite holiday rental property and generated a similar solid income. And of course the home has been enjoyed for a number of personal holidays over the time as well.

However as the saying goes “the best laid plans of mice and men” have had to change and this outstanding opportunity is now on the market. The properties can be purchased as a pair or individually depending on the buyer.

Both properties are substantial quality built homes. 4 bedrooms, 2 bathrooms, 2 family areas, a great balcony and an enclosed rear yard. 47A is the rental property and is a mirror image of 47B. Both homes have been very well maintained are ready to just move in. There is nothing to spend.

For the astute Coffin Bay buyer, these properties represent outstanding value. The build cost alone is well in excess of the asking price, not to mention the land and the peripheral expenses of establishing a home.

Make no mistake, these are “bottom drawer ” properties that are solid income producers today. I don’t believe their is a better value investment package on the market in Coffin Bay.