INVESTMENT OPPORTUNITY
$329,000-$349,000
Description

A fantastic opportunity to purchase a complete group of strata units.

Roomy and spacious the complex offers 1 x 3 bedroom and 2 x 2 bedroom sold brick units all with secure leases showing excellent returns.

UNIT 1 – FRONT UNIT
• 2 Bedrooms – main with built in wardrobes.
• Open plan kitchen / meals / lounge with wall mounted electric panel heater.
• Original timber kitchen with loads of cupboard space & electric stove.
• Bathroom with shower, bath & basin.
• Separate toilet
• Large Laundry
• Hardwired smoke alarm
• Electric hot water service in ceiling
• Security Screen Doors front and side.
• Patio area at the front door.
• Rear clothesline
• 1 x parking space
• Leased @ $155 per week until 07/08/2020
• Council Rates $964.23 per annum
• SA Water Rates $617.00 per annum

UNIT 2 – MIDDLE UNIT
• 2 Bedrooms – main with built in wardrobes.
• Lounge with wall mounted electric panel heater.
• Original timber kitchen with loads of cupboard space & electric stove.
• Bathroom with shower, bath & new vanity.
• Separate toilet
• Large Laundry
• Hardwired smoke alarm
• Security Screen Doors front and back.
• Rear clothes line
• Updated carpets
• 1 x parking space
• Veranda area at the front.
• Periodic lease @ $155 per week
• Council Rates $964.23 per annum
• SA Water Rates $617.00 per annum

UNIT 3 – BACK UNIT
• 3 Bedrooms – main with built in wardrobes.
• Lounge with wall mounted electric panel heater.
• Original timber kitchen with loads of cupboard space & electric stove.
• Bathroom with shower, bath & vanity.
• Separate toilet
• Large Laundry
• Hardwired smoke alarm
• Electric Hot Water Service & Water Softener mains pressure.
• Security Screen Doors front and back.
• Rear clothesline
• 1 x parking space
• Undercover patio area at the front
• Leased at $175 per week until 17/7/20
• Council Rates $964.23 per annum
• SA Water $617.00 per annum

A sound investment opportunity.

Property Features
  • Block Of Units
  • 7 bed
  • 3 bath
  • Land is 752 m²
  • Built In Robes
  • 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:
25 Lake Terrace East, MOUNT GAMBIER SA 5290 Mount Gambier House Built-In Wardrobes, Close to Schools, Close to Shops, Close to Transport, Fireplace(s) 3 Beds / 2 Baths $352,000 $352,000$330,000 29-03-2018 SAL Sara OÕConnor
74 Wehl Street South, Mount Gambier SA 5290 Draft Mount Gambier House 2 Beds / 1 Baths $190,000 $190,000$185,000 07-12-2018 Key2Sale Al Lamond
42 & 44 Lachlan Crescent, MOUNT GAMBIER SA 5290 Draft Mount Gambier DuplexSemi-detached 6 Beds / 2 Baths $165,000 $165,000$152,500 07-01-2019 Elders Real Estate Alistair Coonan
13 Brolga Street, MOUNT GAMBIER SA 5290 Draft Mount Gambier House s/c heater 4 Beds / 2 Baths $235,000 $235,000$225,000 06-05-2019 Gebhardts Real Estate Malcolm Lewis
10 Kalimna Crescent, Mount Gambier SA 5290 Draft Mount Gambier House 4 Beds / 1 Baths $275,000 $275,000$275,000 17-07-2019 Key2Sale Gail Richards

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