SoldOct 10, 2025

2002/3 Lake Terrace West, Mount Gambier, SA, 5290

$419,000

3
2
1

Apartment

30+ days on the market

Sold: Oct 10, 2025

What's around 2002/3 Lake Terrace West

FULLY FURNISHED APARTMENT ON THE LAKES

Secure easy-care living located on the 2nd floor laid over one level this apartment features an open plan concept living kept comfortable all year round by reverse cycle split system air-conditioning. Central to the living area is a well-appointed kitchen with a generous amount of cupboard space, stainless steel electric cooking facilities complete with dishwasher. The great size master bedroom has large walk in closet and ensuite bathroom. Second and third bedrooms are both queen sized with floor to ceiling built in robes. There is a huge main bathroom with separate shower and bath, separate toilet and laundry rooms. Complete with a storage locker located in the basement of the building plus a lock up single car garage with auto roller door. With the magnificent Blue Lake and various walking trails as your backyard and no grounds or garden to maintain why not live the simple life, put your feet up and live in luxury. The building offers elevator access and is wheelchair accommodating + outdoor residents community garden and gazebo BBQ area for all residents to mingle and enjoy. Pets:- Strata by-laws generally prohibit pets, however special permission can be sought by putting the request to the quorum at the Annual General Meeting if the majority of other unit owners don't see any problem with the pet request, then special permission can sometimes be granted. INVESTERS INFORMATION Apartment comes fully furnished previously lease to corporate tenant current market rent approx. $470 - $480per week 6% estimated return on investment. Water Usage is charged to the group and paid by strata (included in the body corporate fees). Extra Information: Council Rates / $1,569.30 p/a SA Water Supply Charge / $82.30 p/qtr SA Water Sewer Charge / $92.50 p/qtr approx. Emergency Services Levy / $83.00 p/a approx. Strata Fees / $1,207.00 p/qtr approx. Council / City of Mount Gambier Zoning / Community 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.

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