Solidly positioned on a sizeable corner allotment close to the Mount Gambier Hospital, UniSA and TAFE campuses along with nearby childcare and primary schooling facilities - all still only a short distance from the CBD and retail shopping at the Marketplace. 5 Phillip Street in Mount Gambier offers an outstanding blend of position and affordability and is a great opportunity to get into the market or add to an already established portfolio.
With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan.
The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill.
Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard.
Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking.
Services to the property include town water, sewer and gas supply, with a water softener also installed.
Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today.
Additional Property Information:
Approx Property Age: 1952
Land Size: 850sqm
Council Rates: $408 per quarter
Water Rates: $176 per quarter
Rental Appraisal: An updated rental appraisal has been conducted for approximately $420 to $440 per week.
RLA - 291953
