1 DOWNER STREET MOUNT GAMBIER SA 5290

Positioned in a convenient, well-connected location, this Mount Gambier stone duplex presents a standout opportunity for investors seeking immediate returns and long-term stability. Currently tenanted until December 2026, with the potential to renew, it offers reliable income from day one. Inside, the property provides comfortable and practical living, featuring reverse cycle split system air conditioner for year-round comfort, accommodating families with 3 bedrooms and low-maintenance living- an ideal combination for tenant retention. Key Features: • Low maintenance yard • Functional kitchen with gas stove • Double iron garage with power • Small garden shed • Rear alcove for extra storage • Close to schools, shops and community facilities • Currently tenanted at $300 per week until December 2026 This property is a versatile opportunity offering future flexibility, convenient living and a great addition to any portfolio. Additional Information: Council Rates: approx.. $1,324.26 per annum SA Water Supply Charge: approx.. $82.30 per quarter SA Water Sewerage: approx.. $94.00 per quarter Year Built: approx.. 1950 Land Size: approx.. 754m2 Rental Appraisal: $320 per week (due January 2027) Speak with the Property Management team at Complete Real Estate about managing this property.