1-5/9 Francis Street, Mount Gambier SA 5290

We have the pleasure of presenting 1-5/9 Francis Street, a block of very central units that are just walking distance to town. These are perfect for investors looking to grow their property portfolio.

Each unit has just undergone being subdivided, however still willing to sell them as a whole.

See below for details on each unit.

Unit 1- $120,000
- 2 generous sized bedrooms both fully carpeted.
- Modern kitchen with electric cook-top and oven
- Great lounge room as you enter the unit
- Modern bathroom/ laundry with shower and vanity
- Courtyard at the rear
- Current tenant paying $150.00 per week
- Lease term- Periodic

Unit 2- $120,000
- 2 great sized bedrooms both carpeted
- Modern kitchen with electric cook-top and oven
- Great sized lounge area
- 1 car space
- Modern bathroom and laundry
- Current tenant paying $170.00 per week
- Lease term- July 2015- July 2016

Unit 3- $100,000
- Original kitchen with oven, spilt system with heating and cooling
- Great lounge area
- 1 bedroom fully carpeted
- 1 car space
- Great long term tenant
- Currently paying $110 per week
- Lease term- October 2003 on a periodic lease

Unit 4- $110,000
- 1 Bedroom unit with Built in Robe and fully carpeted
- Open plan living with modernised kitchen
- Refurbished Bathroom/ Laundry with shower and vanity
- Split system heating and cooling
- Rear courtyard
- 1 car space
- Current tenant paying $140.00 per week
- Lease term- February 2014- August 2016

Unit 5- $120,000
- 2 bedrooms both fully carpeted
- Great sized lounge room
- Modern kitchen with electric cook-top & oven
- Modern bathroom/ laundry
- Rear courtyard
- 1 Carport
- Current tenant paying $145.00 per week
- Lease Term- January 2006- periodic

Malseeds manage all the tenants in units 2-5 and unit 1 is privately managed. Each tenant pays for the water usage and supply as well as electricity costs.

Price can be negotiated if wanting to buy all 5 Units, call Jason Malseed today and arrange your private inspection: 0419 032 795