Buy yourself an income
$895,000
Description

This property must be seen to be believed. Set on 1323m2 approx. in a prime location, only a stones throw from the CBD. The property incorporates the main residence, plus six self-contained and fully furnished units.
The six units each have a main bedroom, living/kitchen area and separate bathrooms. All designs differ slightly with 3 incorporating walk-in robe.
The main house consists of three large bedrooms, study. bathroom with double spa bath, huge formal lounge with 12 foot ceilings, 2-pak kitchen with stainless steel appliances, large games/family area, double garage workshop with remote control door and internal access.

The main residence is currently on the rental market for $385 per week fully furnished.

The property as a whole has the potential to give the astute investor a 8.25% ROI
Contact agent for the information memorandum for further details or follow the link below to view it.

Property Features
  • Block Of Units
  • 10 bed
  • 7 bath
  • Land is 1,323 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:
10 Sinclair Street, Mount Gambier SA 5290 Draft Mount Gambier House Area Views, Carpeted, City Views, Close to Schools 3 Beds / 2 Baths $249,000 $249,000$260,000 08-11-2018 Malseeds Real Estate Wendy Flint
2 Comaum Avenue, MOUNT GAMBIER SA 5290 Draft Mount Gambier House 3 Beds / 2 Baths $259,000 $259,000$254,000 17-09-2019 Key2Sale Gail Richards
59 Ehret Street, MOUNT GAMBIER SA 5290 Mount Gambier House Built-In Wardrobes, Close to Shops, Close to Transport, Garden, Secure Parking 2 Beds / 1 Baths $235,000 $235,000$230,000 24-12-2017 SAL Sara OÕConnor
4 Glenmont Crescent, Mount Gambier SA 5290 Draft Mount Gambier House 3 Beds / 2 Baths $279,500 $279,500$270,000 16-09-2019 Key2Sale Al Lamond
1 to 4/1 Derrington Street, Mount Gambier SA 5290 Draft Mount Gambier BlockOfUnits 9 Beds / 4 Baths $399,000 $399,000$364,000 08-02-2019 Key2Sale Al Lamond

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