Located at 70 and 70A Thevenard Road, this unique property offers a fantastic opportunity for investors looking to renovate and capitalize on the high rental demand in the area. Originally Thevenard's old Customs Offices, the building has been converted into two separate homes, providing a solid foundation for anyone with a vision for improvement. Both homes are built with durable red brick, ensuring long-term structural integrity. House 1: A Spacious Opportunity for Renovation Situated on the corner of Railway Terrace and Thevenard Road, House 1 provides side access to the rear yard, ideal for additional parking or outdoor projects. Upon entering through the formal porch, you'll find a large office area with white benches and ample space, which can easily be converted into bedrooms with the addition of ensuites or walk-in robes. The second office is similarly spacious, offering further renovation potential. The kitchen has already been updated with a skylight that floods the area with natural light, pine cupboards, and a bench cooktop. It also includes a single sink, under-bench electric oven, and a servery opening into the expansive open-plan dining and lounge area. The home also features two bedrooms and a laundry with a stainless steel wash trough. Additionally, the kitchen has a butler's pantry, while the bathroom offers a separate shower, vanity, and toilet. House 2: A Canvas for Improvement House 2 is attached to House 1 and offers a project for those ready to roll up their sleeves. With some improvements such as painting, updating the kitchen and bathroom, and basic repairs, this home could become a highly rentable space. It has floating floors throughout, with tile flooring in the wet areas. The lounge area has external access to the rear porch, and there is a separate dining area with a basic kitchen that includes a servery, an old gas oven (condition unknown), and a single sink. This home also has three small bedrooms, each featuring built-in wooden cupboards, with one room including an air conditioner. The passage has a linen cupboard, and the toilet is separate from the bathroom. Both the bathroom and toilet require an upgrade. The laundry leads to an external door providing access to the rear yard, which will also need attention, along with the boundary fencing. House 2 benefits from a driveway from Thevenard Road, leading to a single garage. A Great Investment for the Right Buyer If you're looking for a solid investment opportunity and are prepared to undertake renovations, 70 and 70A Thevenard Road offer great potential. With the ability to tenant these homes separately, you can capitalize on the high rental demand in the area. Contact Elaine today for further information or to arrange a personal viewing. ________________________________________ Key Features: • Solid red brick construction • House 1 with potential to convert office space into bedrooms and ensuites • Renovated kitchen with natural light • Separate lounge/dining areas • House 2 offering a blank canvas for improvements • Side access and rear yard for both homes • High rental demand in the area This property is perfect for those who can see the potential, use a bit of elbow grease and are ready to make this a rewarding investment!
Email enquiry to Elders Eyre Peninsula - RLA62833
Property ID: 147340368