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18 & 18A Berryman Avenue

Mannum, SA 5238, Australia
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5 bed 2 bath 6 car2023m²

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About this property

• Exciting opportunity to own two homes on a large allotment (over half acre) in an excellent residential location, with genuine sub-division potential • Currently rented for $365 and $310 per week totalling $675 rental income per week, with the possibility to create a third allotment (subject to Council approval) • This unique property with two homes on one allotment also suits those families that would like loved ones close by without being under the same roof The front house (#18) features: * Three bedrooms, all with built in robes, large master with split system air conditioner * Spacious split-level living area with room for sitting and eating, easy care floors * Split system reverse cycle air conditioner and gas heating to ensure all season comfort * Galley style updated kitchen with electric wall oven and plenty of cupboards * Bathroom with shower over bath, vanity and toilet, separate laundry * Outdoor undercover entertaining areas with access from the living/dine through glass sliding door * Within walking distance to local Community College, medical centre and shops, and just a short drive to the main street & river, this neat & tidy home is ideally located close to all you need * Currently tenanted $310 p/wk on a Fixed Lease until March 2027 with a long standing tenant The rear home (#18a) features: * Secure & private location tucked away from the road via an automatic gate * Delightful front deck with ramp provides easy access * Tidy, renovated 2 bedroom home with easy care floors & 13 KW solar system * Master bedroom has spacious walk-in robe/study and large built-in wardrobe, bedroom 2 also has a built-in robe * Modern kitchen with gas stovetop and electric oven, dining area is of a generous size * Living has split system air con plus gas heating providing climate comfort all year round * Bathroom with shower, toilet & vanity, separate laundry with built-in storage cupboard * Outdoor undercover entertaining area with access from the laundry * Single garage with concrete floor provides undercover parking or ideal workshop * Large, easy to maintain block within walking distance to everything you need * Currently tenanted $365 p/wk on a Periodical Lease until June 2026 • This is a unique opportunity to enjoy the benefits of two homes on this large lot with more space between the homes than most neighbourhoods offer! • A large workshop/garage approx. 12m x 6m is located between the 2 homes which could become a 3rd site for another home if sub-divided into 3 like the neighbours have done (subject to Council consent and appropriate approvals) • Given the rapid growth in Mannum and the current housing shortage, this is a perfect opportunity to invest in a development that allows you to keep the property as-is, divide into 2 (keep one, or sell both), or divide into 3 and build another to enjoy maximum returns (stca) Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate and we accept no liability for any errors or omissions- including, but not limited to the property's land size, boundary locations, floor plans and dimensions, build size, building age, condition and or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.

Property Features

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    Repayment calculator

    $2,400/month
    $1,200 /fortnight
    Loan $396,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$99,000
    Stamp duty$21,080
    Conveyancing (est.)$2,000
    Total upfront$122,080
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    6
    Land Area
    2023m²
    Listed
    Today

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