FOR SALE
$370,000

23 Schaefer Avenue
Kimba SA 5641

Bedrooms: 7
Bathrooms: 3
Car spaces: 6
Land area: 8187m2
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Bargain Opportunity: Dual Home Investment in Kimba

Situated in the heart of Kimba, halfway across Australia, this property offers an exceptional investment opportunity with not one, but two homes on a single title. Encompassing a sprawling 8,187m2, this expansive property boasts convenience and potential.
**Main House**
The primary residence, constructed in 1975, spans 169m2 and exudes timeless charm. Built with sturdy brick and featuring a tiled front arched porch, this home offers a warm welcome. Step inside to discover a spacious lounge, main bedroom, and a kitchen/family room. The L-shaped lounge and dining area are complemented by a large wall reverse cycle air conditioner, ensuring comfort year-round. The kitchen is well-appointed with gas cooktop, stainless steel splash back, built-in electric wall oven, and ample storage space. The main bedroom features a walk-in robe and ensuite, while the remaining bedrooms offer built-in robes or flexible office space. A laundry with external access, entertainment area/carport, a 9m x 6m double garage and 2 x 5000g tanks, complete the picture.
**Secondary Home**
A separate transportable home is located down a long driveway behind the main house along with a relatively new double Colourbond shed. This home has a rendered exterior and wooden ramp leading to the front door, offering convenience and privacy. Inside, three bedrooms and a lounge boast individual reverse cycle air conditioners for personalized comfort. The kitchen/dining areas are functional with vinyl floors and essential appliances. A roomy bathroom and laundry with external access to the gravelled rear yard ensure practical living.
**Investment Potential**
With both homes currently tenanted, this property presents a fantastic investment opportunity. Whether you choose to live in one and rent out the other or retain both as rental properties, the options are endless. Additionally, the property's proximity to the town's Shops, School, Sporting Facilities, Community Park, Public Swimming Pool, and playground enhances its desirability.
**Act Now**
With properties in Kimba in high demand, this unique offering won't last long. Don't miss out on the chance to own a dual-home investment in this thriving community. Contact Elaine today to arrange a viewing or obtain a letter of offer form.
Don't miss this chance to secure your slice of Kimba's property market with this rare dual-home investment opportunity.

Property Details for 23 Schaefer Ave, Kimba

23 Schaefer Ave, Kimba is a 7 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 8187m2. The place is currently for sale with Elders Real Estate Wudinna.

Building Type
House
Land Size
8187m2

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About Kimba 5641

The size of Kimba is approximately 18.3 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Kimba in 2011 was 670 people. By 2016 the population was 631 showing a population decline of 5.8% in the area during that time. The predominant age group in Kimba is 0-9 years. Households in Kimba are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Kimba work in a managers occupation. In 2011, 72.3% of the homes in Kimba were owner-occupied compared with 70.6% in 2016.

Kimba has 587 properties. Over the last 5 years, Houses in Kimba have seen a 55.17% increase in median value. As at 30 September 2024:

  • The median value for Houses in Kimba is $178,131 while the median value for Units is $289,942.
There are currently 2 properties listed for sale, and no properties listed for rent in Kimba on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Kimba.

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Elaine Seal
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