OFF MARKET

4/2000 Coromandel Drive
Mccracken SA 5211

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 300m2
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Property Details for 4/2000 Coromandel Dr, Mccracken

4/2000 Coromandel Dr, Mccracken is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 300m2.

Building Type
Townhouse
Land Size
300m2
Local Government
Victor Harbor

Last Listing description (October 2014)

Dual Occupancy Investment Properties In Golf Course Estate
2 x Fantastic dual occupancy Townhouses within the Palms Estate overlooking the sensational McCracken Golf Course.
These modern 2 storey Townhouse's will suit the savvy investor that is looking for a cash flow positive investment in a great location. It will also suit a family looking for 2 separate living areas or someone looking for a great home to live in whilst collecting a rental income to help pay off the home.

With rental income appraisals of $300 per week on each level ($600 p/wk in total), the property is cash flow positive of around $70 per week in year 1 and $125 per week in year 10 to the average investor.
These investment Townhouse packages are full turnkey with 2 bedrooms, kitchens, lounge, bathrooms and laundry and balcony upstairs and 2 bedrooms, lounge, bathrooms and laundry downstairs. There is nothing more you need to do. There are too many inclusions to mention.
All packages are Fixed Price. Which means no extra that other builders may surprise you with. All homes are professionally decorated or you can select your own colours. The builder employs specialists who are experts in architecture, housing energy efficiency and urban design.
The builder commissions the services of experienced colour specialists who have professionally selected popular internal and external colour schemes. Colour schemes used by their professional team are in the broadly popular range, avoiding 'fringe' or 'trendy' colour schemes that may date and become unfashionable within only a short period.
Features:
Modern street appeal with access via secure electronic gates.
Upstairs home with private deck and views.
Downstairs homes have private yards and garden.
Clever design with modern appliances, fixtures and fittings.
Open plan living areas with plenty of natural light.
Spacious kitchens and plenty of storage.
European style laundries.
Air-conditioned for all year comfort.
Quality carpets to bedrooms.
Low maintenance living so you can enjoy the location.
Contact me today to find out more and secure a great cash flow investment property or your next home.
Additional feature/s - Dual Occupancy Home.

Property History for 4/2000 Coromandel Dr, Mccracken, SA 5211

A timeline of how this property has performed in the market
  • 31 Oct 2014
    Listed for Sale 499000

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About Mccracken 5211

The size of Mccracken is approximately 2.3 square kilometres. It has 9 parks covering nearly 34.8% of total area. The population of Mccracken in 2011 was 2,054 people. By 2016 the population was 1,956 showing a population decline of 4.8% in the area during that time. The predominant age group in Mccracken is 70-79 years. Households in Mccracken are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mccracken work in a professional occupation. In 2011, 71.4% of the homes in Mccracken were owner-occupied compared with 68.5% in 2016.

Mccracken has 1,443 properties. Over the last 5 years, Houses in Mccracken have seen a 76.44% increase in median value, while Units have seen a 117.93% increase. As at 28 February 2025:

  • The median value for Houses in Mccracken is $729,801 while the median value for Units is $506,299.
  • Houses have a median rent of $550 while Units have a median rent of $260.
There are currently 14 properties listed for sale, and no properties listed for rent in Mccracken on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Mccracken.

Suburb Insights for Mccracken 5211

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.