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Overview
Split Level Beachside Character with Instant Yield and Dual Living Potential
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 that unlocks incredible financial and lifestyle potential.
This unique property features 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 setup provides immediate returns or the opportunity to live comfortably on the main floor while the upstairs income helps cover mortgage costs.
After the upper lease ends, the home can transition into a multi-generational residence, allowing extended family or independent parents to have their own private space under one roof. Alternatively, the upper level can be used as a lucrative Airbnb holiday rental or a separate home business headquarters.
The home's distinctive angular architecture and expansive footprint hint at the clever use of space inside. The residence is thoughtfully zoned with two separate living areas, private bedroom wings, a study, and generous outdoor entertaining spaces, creating a home that supports both lifestyle and work needs.
The main level includes a welcoming entry leading to a light-filled living room that opens to a spectacular decked entertainment area, ideal for year-round gatherings. The kitchen and dining area is central to the home, featuring a walk-in pantry and ample storage for effortless family living.
Upstairs, the private accommodation zone offers complete independence with its own separate entry, stunning sea views, and a fully equipped second kitchen. This level is ideal for a profitable Airbnb, independent investment, or a private retreat. The master bedroom includes a built-in robe, study nook, and private balcony overlooking the ocean. A second bedroom and full bathroom complete this self-contained upper level.
On the main floor, an additional bedroom with built-in robes is adjacent to a well-appointed family bathroom, making the home function perfectly as a three-bedroom, two-bathroom residence. Double glazed windows at the front and side provide peace, quiet, and superior temperature control year-round. The dedicated study offers a genuine work-from-home solution with excellent separation from family areas.
The outdoor spaces are a highlight, featuring an expansive entertainer's deck, a charming courtyard accessed via steps, a front porch, and the upstairs balcony, providing multiple zones for relaxation, dining, or hosting guests in any season. Vehicle accommodation is premium, including a multi-car carport, garden shed, and dedicated undercover parking designed to securely house a caravan or boat.
Energy efficiency is enhanced by a substantial 6.16 kW solar panel system with solar panel sliding and a powerful 13.34 kW battery storage system, minimizing electricity bills. Comfort is ensured with split-system air conditioning, ceiling fans, and clever cross-ventilation. The angular design maximizes natural light and airflow throughout the home.
Located in a friendly coastal community, the property is just moments from Christies Beach, local schools, shopping precincts, and public transport, with easy access to the city. This home offers coastal living with space, flexibility, and significant potential.
Key features include:
- Dual-living with two separate kitchen areas across self-contained levels
- Beautiful sea views from both levels
- Eco-friendly power system with solar panels and battery storage
- High-quality double glazed windows for comfort
- Dedicated undercover parking for caravan, boat, or multiple vehicles
- Proven high-yielding asset with secure tenancies
- Separate access for upper level, ideal for Airbnb or investment
- Versatile layout with three bedrooms, two bathrooms, two living areas, and study
- Multiple living and investment strategies for diverse buyers
- Generous indoor and outdoor living spaces
- Decked entertainment area for alfresco living
- Multi-car carport and garden shed for storage and vehicle accommodation
- Split-level design for natural separation and privacy
- Walk-in pantry and extensive kitchen storage
- Private master suite with study nook and balcony
- Distinctive architectural character on a corner allotment
- Prime coastal location near beach, schools, and shopping
- Community Title with quarterly fees
- Land size approximately 304 square meters
- Year built in 1971
- Local council: City of Onkaparinga
- Council rates and other charges apply
- Rental estimate between $1,050 and $1,100 per week
- Heating and cooling via split system air conditioning
Disclaimer: Information is believed accurate but not guaranteed. Buyers should seek legal advice and conduct their own research. The property is being auctioned with no set price in accordance with legislation.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Christies Beach SA 5165
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 120 m² |
Market Insights for Christies Beach SA 5165
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