5 Keegan St

Mount Gambier SA 5290

House

Currently for sale - view listing

Overview

DEVELOPMENT OPPORTUNITY

Opportunity for small scale development within the city centre, 1060m2 approximate land size whereby the existing dwelling is positioned well to allow for side access to rear land development. Ideal to preserve existing residence, renovate to improve it with potential to build two new dwellings maximising the return. Current dwelling consisting of 3 bedrooms, a lounge, compact kitchen with electric cooking facilities. Adjacent functional bathroom with separate, bath, shower and toilet. Underneath house garage to suit small vehicle with street frontage and driveway. Additional shedding existing on the site approximately 6 X 6 with concrete and power. House is currently leased for $410 per week until 11/04/2027. Location is city central, within walking distance to Mount Gambier's vibrant CBD, cafes and restaurants. Making this land highly desirable for redevelopment STCC Extra Information: Council Rates / $1,861.13 p/a approx. Emergency Services Levy / $95.00 p/a approx. SA Water Supply Charge / $82.30 p/qtr SA Water Sewer Supply Charge / $120.00 p/qtr approx. Estimated Rental / $400-$430 p/w Land Size / 1060m2 approx Build Year / 1960 Council / City of Mount Gambier Zoning / Suburban Neighbourhood Disclaimer: 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.