Outstanding Investment Opportunity Four Solid Units on One Title
Positioned in a tightly held pocket (current owner has owned for approx. 26 years) which is just moments from Mount Gambier's CBD, this unique offering of four limestone-built units presents a rare and rewarding opportunity for investors. Situated on a quiet no-through road lined with quality homes, the property combines location, strong rental potential, and long-term capital growth.
Built in 1969 and held on a single title, each of the four units features a practical floor plan with two bedrooms and one bathroom. Two of the units have recently been refreshed, one remains in tidy original condition, and another has undergone a more substantial renovation offering a mix of character and modern appeal.
All units are currently tenanted, with rents ranging from $200 to $250 per week. Market rent appraisals indicate strong upside, with estimates of increased rent appraisals on file for any interested investors.
Whether you're looking to expand your portfolio or secure a low-maintenance asset with reliable returns, this is an exceptional chance to invest in one of Mount Gambier's most liveable and convenient locations.
Opportunities like this are increasingly hard to find secure a standout investment in a high-demand rental market.
Additional Information:
Council City of Mount Gambier
Council Rates Approx $1100 per unit per year
Age Built 1969
Land Size Approx 780m2
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