• Hard to find group of four flats on 1 title
• All flats leased, showing strong returns
• Consisting of – 1 bedroom stone cottage, x2, 2 bedroom brick flats and x1, 3 bedroom brick flat
• Cottage consisting of an open kitchen/dining area – lounge, bedroom, shower & toilet
• Flats consist of open kitchen/dining/living area
• Built in robes in most bedrooms, bathrooms with shower/bath/toilet
• Updated flooring & tidy paintwork, secure fencing
• All flats offer a carport – walking distance to supermarket & City centre
• Returning $52,000 gross – this investment opportunity will not last
Further property information:
Land size: approx. 910m2
Council: City of Mount Gambier
Council Rates: approx. $4,264 p/annum
Zoning: SN Suburban Neighbourhood
SA Water Supply charge: $74.20 per quarter
SA Water Sewer charge: $95.33 per quarter
Emergency services levy: $99.55 per annum
Rental information: approx. $52,000 per annum
Built year: 1975
Features
- Gas Heating
- Built-in Wardrobes
