17 Ferris Street

Set on a spacious corner allotment in the heart of Christies Beach, this cleverly designed split-level home offers two separate living areas, a dedicated study, three bedrooms, two bathrooms, and a highly versatile layout unlocking incredible financial and lifestyle potential. This unique property offers a rare layout with proven, dual-income cash flow. The downstairs level was recently leased at $575 per week, while the self-contained top level is securely tenanted until December 2026 at $465 per week. This makes it a proven wealth-generator with immediate returns, or the ultimate mortgage subsidy where you can live comfortably on the main floor and let the upstairs income cover your mortgage. Once the upper lease concludes, the home easily transitions into a multi-generational setup for extended family. Alternatively, you can choose to live downstairs and use the upper level as a lucrative Airbnb holiday rental or a premium, completely separate home business headquarters. From the street, the home's distinctive angular architecture hints at the clever use of space within. Step inside to discover a thoughtfully zoned residence where two separate living areas, private bedroom wings, a study, and generous outdoor entertaining spaces come together beautifully. The main level unfolds with a light-filled living room that opens seamlessly to a spectacular decked entertainment area-an impressive outdoor zone perfect for year-round gatherings. The main kitchen and dining area sits at the heart of the home, complete with a walk-in pantry and ample storage. An additional bedroom with built-in robes sits adjacent to a well-appointed family bathroom. Double glazed windows at the front and side ensure peace, quiet, and superior temperature control all year round, while the dedicated study area provides a genuine work-from-home solution. Upstairs, the private accommodation zone delivers complete independence. Boasting its own entirely separate entry access, gorgeous sea views, and a fully equipped second kitchen area, this level is currently achieving $465 per week, making it ideal for Airbnb, investment, or a teenager's retreat. The master bedroom features a built-in robe, study nook, and a private balcony to take in the ocean views. A second bedroom and full bathroom complete this self-contained upper level. The outdoor spaces feature the expansive entertainer's deck, a charming courtyard, a front porch, and the upstairs balcony. Premium vehicle accommodation is a standout feature, with a multi-car carport, a garden shed, and dedicated undercover parking specifically designed to securely house a caravan or boat. Energy efficiency is taken to the next level with a 6.16 kW solar panel system paired with a powerful 13.34 kW battery to keep electricity bills to an absolute minimum. Split-system air conditioning, ceiling fans, and clever cross-ventilation keep the home comfortable throughout the year. Located in a friendly coastal community, you're just moments from Christies Beach itself, local schools, shopping precincts, and public transport. This is coastal living with space, flexibility, and serious potential. What You'll Love: • Dual-living brilliance featuring two separate kitchen areas across two fully self-contained levels • Beautiful sea views enjoyed from both the lower and upper levels of the home • Eco-friendly 6.16 kW solar panel system paired with a 13.34 kW battery storage system • Premium comfort with high-quality double glazed windows at the front and side • Dedicated undercover parking designed to house a caravan, large boat, or multiple vehicles • Proven high-yielding asset with the downstairs level recently leased at $575 per week • Top level securely rented until December 2026 at $465 per week for immediate returns • Completely separate access for the upper level-ideal for Airbnb, investment, or a teen retreat • Versatile layout configuring as three bedrooms, two bathrooms, two living areas, and a study • Five distinct living/investment strategies to suit multi-generational families or businesses • Generous, well-zoned indoor and outdoor areas • Decked entertainment area for effortless year-round alfresco living • Multi-car carport plus a garden shed providing ample storage and vehicle space • Walk-in pantry and extensive main kitchen storage • Private master suite complete with a built-in study nook and private balcony • Corner allotment boasting distinctive architectural character and a commanding street presence • Coastal location moments from Christies Beach, local schools, and vibrant shopping • Community Title ($219.45 PQ) • Land Size: 304M2 • Year of Build: 1971 • Local Council: City of Onkaparinga • Council Rates: $445.19 PQ • ESL: $128.15 PA • Rental Estimate: $$1,050 - $1,100 PW • Water Supply: $82.30 PQ • Sewer: $94 PQ • Heating and Cooling: Split System Air conditioning Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. To submit an offer please copy and paste this link into your browser: https://tinyurl.com/17FerrisSt Auction: On Site Saturday July 4th at 4pm (USP) Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver. PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.