17 Ferris Street

Christies Beach SA 5165

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 unlocking incredible financial and lifestyle potential. This unique property offers 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 makes it a proven wealth-generator with immediate returns, or the ultimate mortgage subsidy where you can live comfortably on the main floor and let the upstairs income cover your mortgage. Once the upper lease concludes, the home easily transitions into a multi-generational setup for extended family. Alternatively, you can choose to live downstairs and use the upper level as a lucrative Airbnb holiday rental or a premium, completely separate home business headquarters. From the street, the home's distinctive angular architecture hints at the clever use of space within. Step inside to discover a thoughtfully zoned residence where two separate living areas, private bedroom wings, a study, and generous outdoor entertaining spaces come together beautifully. The main level unfolds with a light-filled living room that opens seamlessly to a spectacular decked entertainment area-an impressive outdoor zone perfect for year-round gatherings. The main kitchen and dining area sits at the heart of the home, complete with a walk-in pantry and ample storage. An additional bedroom with built-in robes sits adjacent to a well-appointed family bathroom. Double glazed windows at the front and side ensure peace, quiet, and superior temperature control all year round, while the dedicated study area provides a genuine work-from-home solution. Upstairs, the private accommodation zone delivers complete independence. Boasting its own entirely separate entry access, gorgeous sea views, and a fully equipped second kitchen area, this level is currently achieving $465 per week, making it ideal for Airbnb, investment, or a teenager's retreat. The master bedroom features a built-in robe, study nook, and a private balcony to take in the ocean views. A second bedroom and full bathroom complete this self-contained upper level. The outdoor spaces feature the expansive entertainer's deck, a charming courtyard, a front porch, and the upstairs balcony. Premium vehicle accommodation is a standout feature, with a multi-car carport, a garden shed, and dedicated