EXPRESSIONS OF INTEREST CLOSING FRIDAY 24TH NOVEMBER 2023 AT 12 NOON (if not sold prior)

A prime investment opportunity is waiting to be discovered by a savvy investor. Diversify the income with mixed tenant options. Nestled in a no through traffic location that’s ideally accessible by heavy vehicles, this property offers not just one, but five exceptional avenues of income over three land titles. Combination of residential and industrial utility, each contributing you on-going financial security.

The Residence, offers, four bedrooms, two living areas, two bathrooms, kitchen & dine, work from home spaces all presented to a modern standard. With a delightful private & secure rear garden with established trees and gardens with an undercover entertaining area and several shedding and carport options. The home has gas appliances (hot water and cook top) with town gas supplied to the property, slow combustion wood heating, reverse cycle split system air conditioning plus timber and carpet flooring.
Currently leased at $450pw.

Not just one, but five individually leased sheds, mixture of storage and business operations.

Shed 1, leased for $1310.00pcm incl. gst - this main shed contains air-conditioned office facilities and a toilet.

Shed 2, leased for $953.33 pcm incl. gst.

Shed 3, leased for $1072.50pcm incl. gst

Shed 4, leased for $541.66pcm incl. gst

Shed 5, leased for $476.66pcm incl. gst

Located at the end of a quiet cul-de-sac, within walking distance of a recreational reserve that includes a dog park, BMX pump track, and walking track passage through to the centre of town. There is a public high school just around the corner and a private catholic collage servicing early learning kindergarten to year 12 within a 5min walk.

Whether you're a seasoned investor looking to diversify your portfolio or a newcomer searching for a secure beginning, this unique investment opportunity with multi-income asset is your ticket to financial success.

INVESTMENT INFORMATION $75,649.80 p/a approx. 9.57% return

Extra Information:
Council Rates / $1,868.04 p/a
Emergency Services Levy / $452.6 p/a
Build Year / 1960
Land Size / Approx. 2800m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.