Outstanding Investment Opportunity – Four Solid Units on One Title
Positioned in a tightly held pocket (current owner has owned for approx. 26 years) which is just moments from Mount Gambier's CBD, this unique offering of four limestone-built units presents a rare and rewarding opportunity for investors. Situated on a quiet no-through road lined with quality homes, the property combines location, strong rental potential, and long-term capital growth.
Built in 1969 and held on a single title, each of the four units features a practical floor plan with two bedrooms and one bathroom. Two of the units have recently been refreshed, one remains in tidy original condition, and another has undergone a more substantial renovation – offering a mix of character and modern appeal.
All units are currently tenanted, with rents ranging from $200 to $250 per week. Market rent appraisals indicate strong upside, with estimates of increased rent appraisals on file for any interested investors.
Whether you're looking to expand your portfolio or secure a low-maintenance asset with reliable returns, this is an exceptional chance to invest in one of Mount Gambier's most liveable and convenient locations.
Opportunities like this are increasingly hard to find – secure a standout investment in a high-demand rental market.
Additional Information:
Council – City of Mount Gambier
Council Rates – Approx $1100 per unit per year
Age Built – 1969
Land Size – Approx 780m2
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