• A rare offering – tightly held group of 6 flats on 1 title
• Well maintained group inside & out. Solid construction
• Flat 1 – 2 bedrooms, master with BIR – allocated car space
• Flats 2 to 5 – 2 bedrooms, master with BIR – under cover garage
• Flat 6 – 3 bedrooms, r/c split system, 2beds have BIR’s + garage
• All open plan kitchen/meals/living area
• Tidy wet areas – shower, bath, separate toilet
• Low maintenance grounds, close to city centre and schools
• Generous 1,100m2 approx allotment
• Some long term tenants with scope for higher yield
• Hard to find investment opportunity
Land size: approx. 1,100m2
Council rates: approx. $6,656 p/a
Council: City of Mount Gambier
Zoning: SN Suburban Neighbourhood
SA Water supply charge: approx. $2,600 p/a (Vendor currently pays)
Emergency Services Levy: $750 p/a for group
Built year: approx. 1975
Rental information: currently returning $50,440 gross per annum with scope for higher yield
Features
- Built-in Wardrobes
