Two Titles, One Incredible Opportunity – Established Home + Bonus Vacant Land
Opportunities like this don't come along every day!
Offering two separate titles with a combined landholding of approximately 2,132m², this unique property package combines an established three-bedroom home at 10 Starke Street with a substantial vacant block of land at 2 Palkagee Street, located just around the corner. This is an offering that provides space, flexibility & plenty of potential.
10 Starke Street – Established Three Bedroom Home:
Positioned on a generous 1,111m² allotment with a 27.43-metre frontage, 10 Starke Street is a standalone three-bedroom home offering comfortable living and plenty of outdoor space.
The spacious combined kitchen and dining area is designed with practicality in mind, featuring a ceiling fan, freestanding electric stove and oven with rangehood above, a convenient microwave shelf, ample bench space and storage, and a large double fridge space.
The separate lounge room provides a comfortable living area complete with split-system air conditioning and a combustion fire (working order unknown and not guaranteed).
Three bedrooms and the bathroom are conveniently positioned off the central hallway, which also features a linen cupboard.
The spacious master bedroom includes a double built-in robe with full-length mirror and ceiling fan, while overlooking the front yard. Bedrooms two and three overlook the backyard.
The main bathroom features a basin, shaving cabinet, towel rail, separate shower and bath, with the toilet conveniently located separately alongside.
The laundry is positioned off the kitchen and provides direct access to the rear pergola.
Space for the Whole Family
The expansive backyard is a standout feature, offering plenty of room for children and animals to play, along with space for gardening, entertaining and enjoying the outdoors.
The property also provides an impressive range of outdoor improvements, including a large undercover pergola measuring approximately 7.9m x 3.1m, enclosed with shade cloth to the sides and featuring a screen door to the yard. There is also a double carport approximately 5.5m x 6.2m, a single shed approximately 3.3m x 4.4m, two garden sheds measuring approximately 3.5m x 2.9m and 3.7m x 2.18m, a large clothesline and multiple garden beds.
Serviced by an electric hot water system.
The home is currently tenanted on a periodic lease, making this an appealing option for investors seeking an established rental property.
2 Palkagee Street – 1,021m² Vacant Land:
Located around the corner from the established home, 2 Palkagee Street provides an exciting opportunity to secure a substantial 1,021m² vacant block with a huge 33.53-metre frontage.
This generous parcel of land provides a blank canvas with an abundance of possibilities, subject to the relevant planning and council requirements.
Perhaps you'd like to become more self-sufficient, establish a large vegetable garden and fruit orchard, or create additional space for children, pets and hobbies.
Perhaps you need somewhere to build a huge shed to store your vehicles, caravan, boat, machinery, trailers or other toys, subject to council approval.
As the properties are located around the corner from one another, portions of the rear fencing align, potentially providing an opportunity to investigate creating access between the two properties, subject to the necessary approvals.
Invest, Build or Expand
The separate title provides an exciting level of flexibility.
Investors could consider continuing to rent the established home while investigating the development potential of the vacant land, potentially creating additional dwellings, subject to council and planning approvals.
Alternatively, you could live in the established home at 10 Starke Street while planning and building your dream home around the corner at 2 Palkagee Street.
The vacant block could also simply be retained as a valuable landholding for the future, providing additional flexibility and potential.
Located in the quiet and friendly township of Lock, this property package offers the opportunity to enjoy a genuine rural lifestyle with space, affordability and community.
Lock is situated in the heart of the Eyre Peninsula and is fundamentally a farming town. The surrounding region is productive cereal-growing country, with Lock serving as an agricultural service centre and grain hub for the surrounding farming community.
For first-home buyers, this is an opportunity to enter the property market with substantial land and plenty of room to grow.
For investors, the combination of an established rental home and separate vacant title offers flexibility and potential.
And for those looking to escape the hustle and bustle, Lock provides the space and lifestyle that comes with country living.
Approximate Distances
Cummins: 81.6 km – approximately 51 minutes
Port Lincoln: 147 km – approximately 1 hour 33 minutes
Adelaide: 568km - approximately 6 hours 11 minutes
Whether your plans involve living, investing, building, developing, gardening, storing or simply enjoying more space, this unique offering provides an exceptional range of possibilities in one of Eyre Peninsula's welcoming rural communities.
Specifications:
CT / House 5475/142, Block 6063/311
Council /Elliston
Zoning / Neighbourhood
Built / 1970
Land / House 1111m2, Block 1021m2 (approx.)
Frontage / House 27.43m, Block 33.52m
Council Rates / House $1559.21pa, Vacant Block $52.65pa
Emergency Services Levy / House $55.70pa, Block $50.85pa
SA Water / House $TBApq, Block $TBApq
Estimated rental assessment $200-$250 p/week
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. RLA | 35829