17 Shearer St Mannum SA 5238 Australia

$425,000 – $445,000

Investment Opportunity with Views!

• Superb, quiet location tucked back off Asmus Street on a no through road with lovely views, short walk to cafes, shops, hotels, hospital and of course, the River

• Endeared by some surprising river and countryside views, this elevated position is believed to be situated on one of the highest points in the Mannum township

• Rented by the same tenants for the last 20 years says something about the location, why not enjoy a ready-made investment in a strong rental market while you plan your retirement!

• This solid rendered stone cottage would certainly respond well to some renos and updating, or if you just wanted the position you could detonate in the future and build new (subject to council approval)

• Generously proportioned, a large living room has high ceilings, split reverse cycle air conditioner and leads out to the front viewing verandah

• Offering 2 large bedrooms plus a smaller 3rd bedroom/office at the front of the home, the master has ceiling fan and views while Bedroom 2 has built-in cupboards

• Eat-in country style kitchen/dine is basic but functional, original in design with good cupboard and bench space, vinyl floor, double sink, gas cooktop and electric oven, gas heating, and VIEWS!

• Neat & tidy bathroom has shower, toilet and vanity, a separate second toilet is located near the entry and laundry

• The front viewing verandah provides a great spot to sit back, relax, unwind and enjoy the views, where you can walk to the shops, pubs and river in minutes

• A chained driveway ensures privacy and leads to a large, basic shed with 2x roller doors

• Currently tenanted at $275 per week on a Fixed Lease until April 2027

• An affordable opportunity to buy your own little piece of Mannum in a superb location with views and lots of potential

• Invest today, continue to rent it out and keep for yourself down the track be it a reno or new build for retirement, a holiday home or full time living