Back 4/101 Jubilee Highway East
Off Market

4/101 Jubilee Highway East

Mount Gambier SA 5290

2
1
1
108 m²
153.04 m²
House
Last sold for $209,000
Tahlia GabrielliTahlia Gabrielli, last sold this property on 20 September 2023 after 56 days on market.

Overview

Superb Two-Bedroom Residence Steps Away from Central Mount Gambier

Discover the charm of unit 4/101 Jubilee East, Mount Gambier, now available for sale through Ray White Mount Gambier. Nestled within a cluster of residential units just off Jubilee Highway, this well-kept brick unit enjoys a prime location near Woolworths, East Gambier Football Club, and McDonald Park School. The property features a convenient single carport under the main roof, while additional off-street parking is easily accessible near the premises. With two bedrooms on offer, this property is an ideal investment opportunity or a comfortable home for a single person or retired couple. The apartment offers access via a sheltered verandah, brightly lit by security lights, leading into a tiled foyer. A comfortable living area with carpeting, reverse-cycle air conditioning, and an electric wall heater creates a cozy ambiance, while a sliding door conveniently connects to the well-positioned kitchen. The kitchen is fitted with timber cabinetry, offering ample storage both above and below the worktops. It is equipped with an electric oven and cooktop, complemented by a range. Original tiling seamlessly flows into the dining area, creating a harmonious space. Large windows bathe the single sink in natural light, providing a delightful view of the rear of the property. Additional highlights of this property include a fully tiled laundry featuring a wash trough and storage cabinets, as well as an adjacent bathroom adorned with original tiles. The bathroom showcases a generous vanity unit with drawers and a mirrored medicine cabinet, along with a bathtub and a separate shower heated by an electric hot water system. For added privacy, the toilet is conveniently separated. The spacious main bedroom boasts built-in robes, cream carpeting, and vertical blinds for enhanced privacy. The second bedroom also offers comfortable carpeting. This unit represents a remarkable investment opportunity in a highly sought-after location. With a few modern updates, it has the potential to become an appealing rental property, catering to a diverse market of professionals, students, and retired couples alike. For more information about this low-maintenance property and its rental potential, get in touch with Tahlia and the Ray White Mount Gambier team today. RLA - #291953 Additional Property Information: Age/ Built: 1978 Land Size: 153m2 Council Rates: Approx. $288 p/q Strata Levvy: Approx: $348 p/q Rental Appraisal: Property is currently leased at $200.00 per week, an updated rental appraisal has been conducted of approximately $240.00 - $270.00 per week

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
108 m² floor area
153.04 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 4/101 Jubilee Highway East is $433.75k.

Median value
$433.75k
Estimated value range
$175k - $595k
Median days on market
47
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gambier. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/101 Jubilee Highway East

2023
Sold
$209,000
Private Sale/Treaty on 20 Sep 2023 by Tahlia Gabrielli, of Ray White Mount Gambier

Happy sellers in Mount Gambier

90%
90% of sellers in Mount Gambier reported that their sale price either exceeded or met their price expectations.

Mount Gambier stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Mount Gambier over the last 12 months.

Local market activity for 2 bedroom houses in Mount Gambier

In the last 12 months, 23 two-bedroom houses similar to 4/101 Jubilee Highway East, have been sold.

This represents a 49% increase in two-bedroom houses sales when compared to the previous 12 months.

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