SoldAug 12, 2020

4/14 Bailey St, Mount Gambier, SA, 5290

Amount undisclosed

3
1
1

Apartment

30+ days on the market

Sold: Aug 12, 2020

What's around 4/14 Bailey St

Unique Modern Investment Opportunity

Ray White Mount Gambier are proud to present for sale the investment opportunity that is 14 Bailey Street, Mount Gambier. These properties were built in 2013 by Empak Homes and they offer everything an investor is looking for. The properties offer long-standing secure leases, which offer zero vacancy rates and a great rental return of $295 per week. All properties offer a modern floor plan and colour scheme, the properties offer an open plan kitchen, living and dining area with gas cooking, dishwasher and ample bench and cupboard space. The properties are comforted with a reverse cycle air conditioner unit located in the open plan living area. All properties offer three generous bedrooms and an optional fourth bedroom and / or second living area; two of the three bedrooms are fitted with build in wardrobes. The bathroom's are modern and timeless and feature a bath, separate shower, vanity and toilet. Each property offers and additional second separate toilet for privacy and convenience. This unique modern complex of 8 offers 6 properties currently remaining available for sale, all with secure leases in place until late 2021 / early 2022 with the option to renew for a further two year tenure (late 2023 / early 2024). For more information or to arrange an inspection of 1-6/14 Bailey Street please contact Sarah or Tahlia from Ray White Mount Gambier today. RLA 291953 Additional Property Information: Built/ Age - Approx. 2013 Council Rates - Approx. $1,292 per property

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