40 Douglas StreetCoffin Bay SA 5607
Property Details for 40 Douglas St, Coffin Bay
40 Douglas St, Coffin Bay is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1983. The property has a land size of 933m2 and floor size of 70m2.
Last Listing description (March 2024)
Get ready to join the investors club with this two-for-one deal. In an exceptional location, this home and flat configuration is on one title, a whopping 933m2 with dual frontage to Douglas Street and the Esplanade.
Ideally positioned in the heart of Coffin Bay, this well-presented property offers comfort, lifestyle and excellent investment potential. Surrounded by natural landscape for added privacy, 40 Douglas Street is walking distance to the beach, oyster walk, minutes from the Coffin Bay National Park, cafes, IGA and post office, the position doesn't get much better.
The property features a one bedroom, one bathroom home with a central renovated kitchen, open plan lounge and dining and a spacious bathroom. The split system air conditioning and ceiling fans control the temperature year round.
Alongside the home is a two bedroom, one bathroom self-contained flat surrounded by a spacious yard. The flat features a well-equipped kitchen and living area as well as laundry facilities. The flat is ideal for those who have family that visit for extended stays OR it could provide extra rental income via long term or short term holiday rental to supplement your lifestyle.
There is an abundance of car accommodation including a high clearance carport perfect for the boat, caravan or cars, and let's not forget the huge shed/garage at the rear of the block, you can never have enough secure parking or storage. There is also a sizeable solar system and rain water tanks.
Offering two street frontages this one has huge potential. Whether you are looking to owner-occupy or possibly seeking a sizable rental return in a sought-after area this property is worth an inspection.
The home is currently being rented for $350 per week and the flat has a strong rental history that is available on request. The sizeable shed could also be leased out as a storage option adding to your rental returns.
Act now to secure this unique proposition, call Georgie Kemp for more information or to make a time to inspect.
Property History for 40 Douglas St, Coffin Bay, SA 5607
- 09 Mar 2023Listed for Sale $540,000-$560,000
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0About Coffin Bay 5607
The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2011 was 613 people. By 2016 the population was 613 showing a stable population in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation. In 2011, 77.4% of the homes in Coffin Bay were owner-occupied compared with 79.5% in 2016.
Coffin Bay has 1,032 properties. Over the last 5 years, Houses in Coffin Bay have seen a 140.71% increase in median value, while Units have seen a 9.16% increase. As at 31 August 2024:
- The median value for Houses in Coffin Bay is $584,010 while the median value for Units is $352,465.
- Houses have a median rent of $440.
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