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. Then, 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. 47B or the “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, great balcony and enclosed rear yard. 47B is currently the holiday rental property and is a mirror image of 47A. Both have been very well maintained are ready to just move in. There is nothing to spend. As a holiday home this property is for sale on a walk in walk out basis, therefore the complete package of furniture and fittings is included in the sale.

For the astute Coffin Bay buyer, both 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