7/48 Lake Terrace East, Mount Gambier SA 5290

Ray White Mt Gambier are pleased to present for sale 7/48 Lake Terrace East, Mt Gambier. This property presents a great opportunity to purchase a unit that is against the normal offering on the market.
This spacious unit is only half a kilometre to the Blue Lake and less than 2 kilometres to the main post office and central business district. It's situated in close proximity to Lennons Food Store, Newsagency and Butcher. This unit is perfect for those who want to live close to town, or have the ability to walk to the nearest shop with ease.
Entering the unit you are presented with timber-look flooring which flows through the kitchen and living area. The kitchen features an electric cooktop and oven, single bowl sink and an abundance of cupboard and bench space. The living/lounge area features gas heating for your convenience and allows for natural light to beam through.
The property has 3 bedrooms which are all carpeted and of good size, with one bedroom featuring a floor-to-ceiling built in robe for storage needs.
The bathroom offers a bath, separate walk in shower and vanity, with a completely separate toilet for your privacy and convenience.
This property features a single car garage, which is located under the main roof with roller door.
The unit has been well maintained over the years and this property is currently leased and is achieving $210.00 per week, this is a great property to add to any investment portfolio.
RLA 291953

Additional Property Information:

Age/ Built: Approx. 1973
Land Size: Approx. 112m2
Council Rates: Approx. $263 Per Quarter
Strata Costs: Approx $215 Per Quarter

Lease Details: The property is currently leased until 13/2/2021 and is achieving $210 per week.