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:
20 Hayes Crescent, Mount Gambier SA 5290 Draft Mount Gambier House 3 Beds / 2 Baths $169,000 $169,000$167,000 26-09-2019 Key2Sale Al Lamond
1/6 LANSELL STREET, MOUNT GAMBIER SA 5290 Draft Mount Gambier House 3 Beds / 2 Baths $319,000 $319,000$324,000 14-12-2018 Complete Real Estate Marika Hart
6 Parkway Avenue, Mount Gambier SA 5290 Draft Mount Gambier House 4 Beds / 1 Baths $270,000 $270,000$279,000 22-02-2019 Key2Sale Al Lamond
5 Tweed Crescent, MOUNT GAMBIER SA 5290 Draft Mount Gambier House s/c heater auto sprinkler system 4 Beds / 2 Baths $303,000 $303,000$295,000 19-02-2019 Gebhardts Real Estate Malcolm Lewis
23 Lumidin Boulevard, Mount Gambier SA 5290 Draft Mount Gambier House 3 Beds / 2 Baths $350,000 $350,000$440,099 05-12-2018 Malseeds Real Estate

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