48a Baden Tce, O'Sullivan Beach is a 4 bedroom, 2 bathroom House with 9 parking spaces and was built in 1984. The property has a land size of 400m2.
As you approach the home you will appreciate the private nature of the property, with the fence surrounding the home. Entering the main home you will love the beautifully polished pine floors and the abundance of natural light flowing through the house. The lounge greets you at the front of the home and is the perfect place to unwind after a long day at work. The dining room flows smoothly from the lounge room and is adjacent to the kitchen. The kitchen has been tastefully updated and has plenty of bench space. The three bedrooms are a great size with the master featuring a built in wardrobe. There are split systems throughout the home for year round comfort. To assist with energy bills, solar panels have been installed.
The value in this property lies in the second dwelling attached under the main roof. Having separate access and separately fenced to the main home, this creates a multitude of opportunities. As you enter the fully contained granny flat you are greeted with a great sized living area, dining and kitchen. The bedroom is absolutely huge, with plenty of space to set up as a sitting room also, and there is also a fully equipped bathroom and laundry.
Heading outside you will also see the amazing potential this property offers. Sitting on over 700sqm and on a corner means there is potential in the future for subdivision. Currently, the property is divided into two sections, maximising the space for each dwelling. The front yard of the house has been enclosed, creating a great space for the kids to play safely, and just flowing off the dining room there has been a decked entertaining area built, making indoor/outdoor entertaining a breeze. On the granny flat side, the garden has been beautifully manicured and the lawn is a great size for the kids to play on. There is also a large veranda at the front of the granny flat to also make entertaining easy. A large shed to the rear of the property is the perfect place to store all the toys and there is multiple car parking spots available.
From an investment perspective, this property makes so much sense; currently it is returning over 70k per year as an AirBnb and has continued being a successful holiday rental. For the home buyer, there is the opportunity to live in the house and rent out the granny flat, or have the parents move into the second dwelling. And for the developer, the corner block provides plenty of opportunity.
Located only a few hundred meters from the beautiful southern coastline, the location of O'Sullivan Beach is an incredibly convenient location, with shopping centres and public transport only a short drive. There are fantastic schools nearby including Woodcroft College and Prescott College. The southern expressway takes you easily towards the cbd or towards the beautiful McLaren Vale region, and of course the beach is just down the road - there is so much to love about this location!
For more information or to register your interest contact Pete Fallon (RLA222182)
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