OFF MARKET

23-25 Schaefer Avenue
Kimba SA 5641

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Floor area: 169m2
Land area: 8138m2
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Property Details for 23-25 Schaefer Ave, Kimba

23-25 Schaefer Ave, Kimba is a 7 bedroom, 3 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 8138m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1975
Floor Size
169m2
Land Size
8138m2
Local Government
Kimba
Lot/Plan
A216/F178628

Last Listing description (August 2024)

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 History for 23-25 Schaefer Ave, Kimba, SA 5641

A timeline of how this property has performed in the market
Last Sold
$135,000
18 Oct 2019
  • 26 Mar 2024
    Listed for Sale Not Disclosed
  • 18 Oct 2019
    Sold for $135,000
  • 17 Mar 2016
    Listed for Sale Not Disclosed
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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 591 properties. Over the last 5 years, Houses in Kimba have seen a 61.68% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kimba is $177,625 while the median value for Units is $274,495.
There are currently 2 properties listed for sale, and no properties listed for rent in Kimba on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Kimba.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.