2/62 Cambridge Street
Moonta Bay, SA 5558

Now available to purchase in Moonta Bay is a near-new residence located at 2/62 Cambridge Street, built in 2025. This property offers a convenient central location close to shopping and recreational amenities, making it an ideal choice for those seeking both comfort and accessibility.

The design of the home emphasizes low maintenance, ensuring ease of living for the occupants. It features a secure garage that can accommodate either a single or double vehicle, providing safe parking options.

This property is fully leased through until 2035, currently generating a rental income of $450 per week. It presents a unique opportunity for savvy investors to acquire a fully leased home backed by a long-term stable lease in regional South Australia.

Key investment highlights include:

• Lease secured until 2035 with an additional 5-year extension option
• Guaranteed rental income over the lease term
• No vacancy periods, ensuring consistent cash flow
• Tenanted by government key workers, providing reliable tenancy
• Annual rent increases of 2.5% between market reviews every three years
• Full property management and maintenance conducted by government employee housing under the DIT Total Asset Care Plan
• End-of-lease property refresh included, maintaining the property's condition

With only one such property available in Moonta Bay, demand is expected to be high. This low-risk investment offers a secure addition to any portfolio, combining the benefits of a modern home with a long-term lease and professional management.

Additional features of the property include air conditioning, built-in robes, a dishwasher, reverse cycle air conditioning, and secure parking. The exterior includes a shed, and eco-friendly elements such as ceiling insulation and a water tank contribute to the property's sustainability.

This property is an excellent choice for investors seeking a stable, long-term income stream in a desirable seaside location.