1-5/92 Wehl Street North, Mount Gambier, South East

This is a unique opportunity to be your own boss and have an income from the 5 units which are low maintenance. Most of the units have been renovated to ensure longevity whilst the 2 left are currently tenanted however you could give them a little attention to maintain a higher rent.All units are 2 bedrooms with a separate laundry. A good size bathroom and separate toilet finish off the main amenities. They have car parking at the front and are in a great location for all your requirements. This block of units is quiet and has long-term tenants in most of them.If you are looking for a great return on your investment this is one not to be missed.

Additional property features:

Land size: Approximately 654m2.

Property Built: 1965.

Council Rates: Approximately $1,490 per quarter.

Water Rates: Approximately $500.00 per quarter.

Council: City of Mount Gambier.

Zoning: Residential

Current Rental Appraisal: An up-to-date market appraisal has been completed of $1,400.00 Combined

No STRATA Fees

Highest and Best by 20/12/24