$950,000

13 Bed • 6 Bath • 6 Car • 1100m²

Main view of Homely block of units listing, 113 Jubilee Highway West, Mount Gambier SA 5290

Floorplan of Homely block of units listing, 113 Jubilee Highway West, Mount Gambier SA 5290

Second view of Homely block of units listing, 113 Jubilee Highway West, Mount Gambier SA 5290

+15

Sold

Third view of Homely block of units listing, 113 Jubilee Highway West, Mount Gambier SA 5290

Fourth view of Homely block of units listing, 113 Jubilee Highway West, Mount Gambier SA 5290

+13

Sold

113 Jubilee Highway West, Mount Gambier SA 5290

Copy address

$950,000

13Bed
6Bath
6 Car
1100m²

Block of Units Sold on Mon 25 Sep, 2023

What's around Jubilee Highway West

Block of Units description

“A PRIME INVESTMENT”

• 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