** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 11am Thursday 15th May 2025**
Introducing a solid stone home offering outstanding potential for value-adding, perfectly positioned within Mount Gambier's Business Neighbourhood zonejust minutes from the heart of the CBD.
Step into the lounge, where solid timber flooring and a wood heater create a cosy and homely atmosphere. As you continue down the hallway, you'll find three comfortable bedrooms, each featuring timber floors and blinds, offering functionality and ample storage.
The bathroom includes an open shower, hand basin, towel rails, and convenient wall-mounted storage, with a separate toilet nearby for added practicality.
The kitchen is well-equipped with electric cooking, plenty of bench & cupboard space, pantry cupboard and a double sinkideal as-is or ready for a modern update. A laundry with a trough leads to an additional storage area, which provides access to the backyard.
Outside, a spacious concrete patio offers a great space for entertaining, flowing into a large backyard with ample room to add shedding (S.T.C.C.). Whether you're looking to expand or simply enjoy the space, the yard opens the door to many possibilities with side & clear access.
Location is keyand this one is exceptional. Situated close to the Woolworths shopping complex, you'll enjoy convenient access to Bakers Delight, a local chemist, Sugar N Spice café, BWS, Harvey Norman, Post Officeall just a short walk or drive away.
Currently leased at $350 per week until 24/08/2025, this property presents a solid investment with reliable rental income already in place. It's also an ideal entry point for first home buyers or renovators looking to transform a classic home in a great location.
With flexible zoning and outstanding proximity to Mount Gambier's central amenities, this property is a promising prospectwhether for living, investing, or future development. Additionally, we have other opportunities available with adjoining properties, offering even greater potential for expansion or larger-scale development (S.T.C.C.). Please contact us for further information.
Additional Information:
Land Size: Approx 795m2
Building Size: Approx 101m2
Council Rates: Approx $387 per quarter
Emergency Services Levy: Approx $81.85 per annum
Water / Sewerage Rates: Approx $165 per quarter
Age of Building: Approx 1950
Rental Appraisal: $350 Per Week until 24/08/2025
