15 Leumeah Street, Mount Gambier SA 5290

15 Leumeah Street Mount Gambier SA 5290
Commercial Investment and Residential $650,000 to 695,000
4 Bedrooms
2 Bathrooms
30 Cars
What an opportunity for a small business owner or investor
This property offers the room to expand or create an income and live in a lovely 4-bedroom home.
Located close to Schools, Parks and Rail corridor, this property is instant money earner as a home or investment with 4 large Storage shed, ready for lease plus family home which would meet my families could create an income leasing the whole property of around $80,000 per year
House
The Home consists of 4 Bedrooms, Modern Kitchen and meals area, formal lounge, polished timber floorboards, lounge room, family room, enclosed alfresco area, office, meeting room, reception, main bathroom plus en-suite, central ducted gas heating, 3rd toilet and shedding, which would make any fella happy with high clearance measuring approximately 10M x 13.7m
Plus, triple garage with roller door for everyday use.
Private rear yard with fernery and garden sheds.
Sheds
4 Adjoining sheds would make fantastic storage sheds (SCA) 2 larger sheds measuring approximately 220 Sq/m
And 2 smaller sheds approximately 90 Sq/m, All with great Access
Adjoining Manufacturing Company lease extra land for truck parking.

Potential Income as per below
House Rental per week $400.00
Shed 1 Rental per week $200.00
Shed 2 Rental per week $200.00
Shed 3 Rental per week $100.00
Shed 4 Rental per week $100.00
Vacant Land Per Month $2,250.00

The property measures approximately 2,700 Sq/m and sits on three tiles with the opportunity to develop vacant land in the future (SCA)
RLA 269823