12 11 Heritage Drive Wallaroo SA 5556
REDUCED $455,000 - $465,000

DESCRIPTION

ALL OFFERS OVER $450,000 WILL BE CONSIDERED
Situated in an absolutely prime location, in the fast-growing seaside town of Wallaroo, within the historic Copper Coast region, Yorke Peninsula, less than a 2 hour drive from Adelaide. This is a water front investment property on the 3rd floor of the 5 floor Wallaroo Marina Apartments complex, with patrons enjoying stunning coastline and marina views. Wallaroo Marina Apartments is a landmark tourism development and when it officially opened in July 2008 it was the first and only complex of its kind in the region.
(To review the complex visit www.wallarooapartments.com.au)

This investment property consists of a self-contained Executive Apartment PLUS the adjoining Studio Suite, both with quality appointments. The combined facilities include 2 bedrooms, 2 bathrooms, 1 modern kitchen, large open plan living space, and private balcony. It sleeps a total of eight. Your property and its patrons are looked after by Wallaroo Marina Apartments staff, and access is solely via a secure internal lift.

The property has been leased back under a good lease that offers the security of a fixed monthly income from the day the property is settled. The Lessee has also indicated that they are willing to consider a 10+10+10 year lease if the intending new owner is looking for a longer term investment.
It’s an ideal investment to consider for a SMSF.

This stunning investment property is a must see. Inspection of this stunning investment property is by appointment only and based on its occupancy at the time.