Solid Unit Close to the Blue Lake

Ideally positioned in a group of 11 solid units close the Lakes area of Mount Gambier, 5-48 Lake Terrace East offers a fantastic opportunity for those looking to get into the property market at an achievable price in a well sought after area.

Built approximately 1973, this solid brick and tile unit offers 2 bedrooms, the large master at the front of the property including built in wardrobes, and both bedrooms are carpeted.

The lounge takes in east facing morning light through the large window, and is comforted all year round with reverse cycle air conditioning plus a separate electric heater. At the rear of the unit, the kitchen and separate dining space benefit from the afternoon sun, with gas cooking.

Wet areas include a walk in shower and separate bath tub, plus convenience of a separate toilet. The laundry area includes linen closet, and rear ramped access to a paved courtyard. External features also include a spacious private garage at the front with lockable roller door for vehicle or personal storage.

Services to the property include town water, sewer and gas supply, with instant gas hot water to the property.

A short walk to the popular Lennon's Deli on Lake Terrace, and close to both the Lakes Precinct as well as the CBD of Mount Gambier - a great location for any type of buyer, or a solid rental opportunity for the investor. Contact Alistair to arrange your viewing today.

RLA - 291953
Additional Property Information:
Approx Property Age: 1973
Land Size: 113sqm
Council Rates: $304 per quarter
Strata Rates: $284 per quarter
Rental Appraisal: A rental appraisal has been conducted of approximately $280 - $300 per week

Explore the area

School catchments

Melaleuca Park Primary School Primary R-6 Government 1.1km
Reidy Park Primary School Primary R-6 Government 1.2km
Grant High School Secondary 7-12 Government 1.4km
McDonald Park School Primary R-6 Government 1.9km
Mount Gambier High School Secondary 7-12 Government 2.2km
St Martins Lutheran College Combined R-12 Independent 2.6km
Mount Gambier North Primary School Primary R-6 Government 2.8km
Tenison Woods College Combined R-12 Catholic 2.8km
OneSchool Global SA - Mount Gambier Campus Combined Independent 3.0km
Mulga Street Primary School Primary R-6 Government 3.8km
Moorak Primary School Primary R-6 Government 4.8km
Suttontown Primary School Primary R-6 Government 5.0km
Yahl Primary School Primary R-6 Government 6.1km
Compton Primary School Primary R-6 Government 6.5km
Glenburnie Primary School Primary R-6 Government 7.2km
Mil Lel Primary School Primary R-6 Government 7.7km
Allendale East Area School Combined R-12 Government 19.1km
Millicent High School Secondary 7-12 Government 46.5km
Penola High School Secondary 7-12 Government 52.2km
Casterton Secondary College Secondary 7-12 Government 60.2km
Kangaroo Inn Area School Combined R-12 Government 73.3km
Heywood District Secondary College Secondary 7-12 Government 80.1km
Bayview College Secondary 7-12 Independent 91.3km
Portland Secondary College Secondary 7-12 Government 91.5km
Portland Secondary College-Victoria Parade Campus Secondary Government 91.6km
Sunrise Christian School Naracoorte Combined R-9 Independent 97.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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