16 Seventh St, Morgan SA 5320, Australia
Nestled in the heart of the charming riverside town of Morgan, this enchanting stone cottage from the 1880s exudes timeless appeal. Set on a generous 1012m² allotment, this property offers an ideal opportunity for a savvy new owner. Whether you’re looking for a weekly rental investment with expected returns between $320 and $340 per week or envisioning a charming Airbnb, the potential here is abundant. Previously occupied by long-term tenants, this property ensures a robust rental market in the area.
Morgan is renowned for its picturesque riverfront and is a beloved tourist destination. Combined with this delightful stone cottage, it presents an ideal Airbnb opportunity for additional income.
Convenient side drive-through access provides ample parking for your boat after a day exploring the majestic River Murray, along with space for your caravan and multiple cars. From the moment you approach this home, its character and charm are unmistakable, hinting at the many stories it holds. The front verandah offers a sun-drenched retreat, perfect for unwinding and enjoying the sunset beneath its graceful bullnose roof.
As you step inside, warm wooden floorboards guide you through the hallway. Bedroom 3 showcases rich jarrah floorboards, panelled ceilings, and a ceiling fan. Across the hall, Bedroom 2 features a cozy fireplace, panelled ceilings, and charming floorboards. The master bedroom, carpeted and with a large window overlooking the backyard, provides a serene retreat with a ceiling fan and practical freestanding wardrobes.
The centrally located lounge room invites you to gather around the stunning open fireplace, ideal for cozy winter nights. It also features a reverse cycle split system, ceiling fan, and a classic sash window.
The eat-in kitchen, with its timber benchtops and electric cooking, retains the charm of the original wood oven and showcases the unique wash stone walls. Adjacent to the kitchen, the formal dining room embodies the home’s essence with its exposed stone walls, concrete floor, and rustic heritage-style door.
The expansive rear yard is an entertainer’s dream, featuring a large firepit area, an outdoor toilet, well-established gardens, a variety of fruit trees, and a 3m x 3m shed with a concrete slab. Major upgrades have already been completed, including a new roof, ensuring peace of mind for the future.
This property is brimming with potential-whether you’re seeking a tranquil riverside escape without the risk of flooding or envisioning it as a charming Airbnb, the opportunities here are endless!
