1-3/20 Mark Street,
Mount Gambier 5290, South Australia

EXPRESSIONS OF INTEREST BY 4PM 27TH FEBRUARY 2024 (UNLESS SOLD PRIOR)

Ray White Mt Gambier is pleased to present units 1- 3, 20 Mark Street, Mount Gambier, for sale.

This incredible investment property sits opposite the Railway Lands walking track and The Limestone Coast Pantry. It has easy access directly into the centre of town from Sturt Street, and Mark Street. Transport links, shopping, medical care, veterinary services and recreation are all just moments away. Each beautifully presented unit has secure, private parking under the same roof with an internal door for convenience. There is lots of off-street parking available - ideal for an extra vehicle or guest parking.

The complex offers a private entry from Mark Street, protected from the main road. Each attractive unit features a small, private grassed garden and courtyard. They have a strong construction with a brick exterior and tiled roofs. The three apartments are almost identical, with unit three facing Mark Street from the rear of the complex - while units one and two face the direction of Commercial Street East.

Entry to each unit is through a contemporary central front door (two with security screens), facing away from the road for privacy. Each opens into a lovely, bright, carpeted living room that flows through to an open dining room and a kitchen.

The spacious living space offers downlights, cream walls, and large windows, offering lots of natural light.

The dining room and kitchen is tiled in natural colours, with timber kitchen opening onto the rear patio. The fully equipped kitchens feature a breakfast bar, marble look worktops and a pantry. A double sink with a dishwasher overlooks the garden to one side, while above and below bench cabinets surround a freestanding oven with a gas cooktop and a range hood. A tiled splashback sits between the abundant storage space and the expansive workbench, creating a delightful, homely kitchen.

The second bedroom sits off the loungeroom with hallway access to the bathroom, laundry and the front-facing main bedroom.

Each bedroom is carpeted for comfort and offers large windows with coverings. The main bedroom features a built-in robe, with a linen closet directly outside-opposite the bathroom.

The spacious, white-tiled bathroom offers a shower and a separate bath with a timber vanity between. It has a basin, storage and a mirror. There are contemporary towel rails for convenience and a large, frosted window above the bath for optimum natural light.

The toilet sits adjacent for privacy and convenience, and the laundry is at the far end, accessing both the rear garden and the garage. The laundry offers a built-in wash trough and appliances, with plenty of room for a side-by-side washing machine, dryer and storage.

The outside area features tidy, beautifully maintained gated, grassed areas and paving along the rear of the home with high fencing for privacy.
Each unit is identical in its layout and offers quality, affordable living in the centre of town. The units are on a 1035m2 block with an asphalt driveway, each with secure roller door garage entry.

This is an incredible investment property with fantastic rental opportunity and return on investment. If you're stating an investment portfolio or looking to build on an existing list - this could be the perfect piece of Mount Gambier real estate to acquire. Contact Tahlia and the team at Ray White Mount Gambier to learn more about this opportunity. These quality-built units are in an unbeatable location for long-term tenancy and will become a hot ticket listing.

Additional Property Information:
RLA - 291953
Age/ Built: Approx. late 1990's
Land Size: 1035m2
Council Rates: Approx. $344 per quarter, per unit
Rental Appraisal:
Unit 1: Leased for $350 P/W
Unit 2: Leased for $320 P/W
Unit 3: Leased for $325 P/W
An updated rental appraisal has been conducted at $350 - $360 per week.