Unique Investment

This property is a very unique Investment Opportunity.
With the main residence being a very well maintained 3 bedroom cottage which has been used by the current owners as short term accommodation but would make an ideal home, or as a permanent rental or continue with the current income stream with its current use as a short term rental.
Complimenting the main dwelling is 3 fully self contained units that are located at the rear of the property. They are ideal for short term accommodation which is what they have been very successfully used for, but with promotion and some advertising the occupation rate could possibly be increased.
The large allotment of approximately 2063m2 makes an ideal and spacious location for the 4 properties and being opposite the Old Mundulla Hotel and adjacent to the Mundulla Store it is only a few steps for your food and a few social drinks.
You could rent out all 4 properties or live in the main home and lease the 3 units as short term accommodation, this is definitely a unique opportunity that has so many options.
Call us for further details and an inspection.
RLA153432

Explore the area

School catchments

Mundulla Primary School Primary R-6 Government 0.24km
Bordertown Primary School Primary R-6 Government 8.1km
Bordertown High School Secondary 7-12 Government 8.1km
Padthaway Primary School Primary R-6 Government 31.5km
Keith Area School Combined R-12 Government 42.2km
Frances Primary School Primary R-6 Government 45.4km
Kaniva College Combined Prep-12 Government 49.3km
Naracoorte High School Secondary 7-12 Government 65.6km
Naracoorte Primary School Primary R-6 Government 65.9km
Sunrise Christian School Naracoorte Combined R-9 Independent 67.4km
Naracoorte South Primary School Primary R-6 Government 68.4km
Lucindale Area School Combined R-12 Government 73.2km
Apsley Primary School Primary Prep-6 Government 76.6km
Tintinara Area School Combined R-12 Government 77.8km
Goroke P-12 College Combined Prep-12 Government 80.8km
St Patrick's School Primary Prep-6 Catholic 85.0km
Nhill College Combined Prep-12 Government 86.4km
Wimmera Lutheran College - Nhill Lutheran School Combined Prep-12 Independent 86.7km
Kingston Community School Combined R-12 Government 91.7km
Edenhope College Combined Prep-12 Government 92.3km
Penola High School Secondary 7-12 Government 113.6km
Lameroo Regional Community School Combined R-12 Government 115.3km
Kangaroo Inn Area School Combined R-12 Government 116.0km

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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