Main Street Location - Mount Gambier
For Sale $799,000
Description

Malseeds Real Estate is delighted to present this rare investment opportunity right in the heart of Mount Gambier.

This property offers 2 tenanted residential tenancies & 1 unit currently being re-advertised, and 4 Fully tenanted commercial leases.

Great opportunity to refurbish this magnificent property and reap the future rewards in this premium main street location.

Key attributes for this property include:
– character two level building
– convenient rear access
– ample car parking at front and rear of the property
– sold as going concern
– Lots of vacant land at the rear which could be divided off or built on (S.T.C.A)
– Commercial properties are currently bringing in approx. $45,000 per year
– Residential properties are currently brining in approx. $14,000 per year

Property Features
  • Retail
  • Floor Area is 1,053 m²
  • Location
  • Street View
  • Properties nearby

Nearby sales

Recent Sales
  • $2.0M

    $1.6M

    $1.2M

    $800k

    $400K

#Street:Suburb:Type:Const:Features:B/B:Original Price:List Price:Sale Price:Sale Date:DOM:Listing Agency:Listing Agent:
3a Kookaburra Court, Mount Gambier SA 5290 Draft Mount Gambier House 4 Beds / 1 Baths $240,000 $240,000$250,000 20-11-2018 Malseeds Real Estate Jason Malseed
4 West Street, Mount Gambier SA 5290 Mount Gambier House 4 Beds / 2 Baths $240,000 $240,000$250,000 06-06-2018 Malseeds Real Estate Jason Malseed
10 Lark Place, MOUNT GAMBIER SA 5290 Mount Gambier House Built-In Wardrobes, Close to Schools, Close to Shops, Close to Transport, Garden 4 Beds / 1 Baths $275,000 $275,000$265,000 19-04-2018 SAL Sara O'Connor
6 Silverbrook Avenue, Mount Gambier SA 5290 Mount Gambier House Carpeted, Close to Schools, Close to Shops, Close to Transport, Pets Allowed 4 Beds / 2 Baths $365,000 $365,000$365,000 18-06-2018 Malseeds Real Estate Kirby Vassallo
13 Underwood Avenue, Mount Gambier SA 5290 Draft Mount Gambier House 3 Beds / 1 Baths $189,000 $189,000$178,000 08-02-2019 Key2Sale Gail Richards

For More Sales Information Create an Account

Loan calculator