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Overview
This unique property presents an exceptional opportunity for investors seeking dual income within a single title. Comprising two solid duplexes, built with durable Mount Gambier limestone, the homes are designed for longevity and practical living.
Strategically located in the heart of Mount Gambier, the duplexes offer easy access to key local amenities such as the Mount Gambier Hospital, the bustling CBD, childcare centers, and public transport, enabling convenient everyday living for tenants.
Each duplex offers three well-configured bedrooms, ensuring ample space for families or sharers, while the inviting front lounges provide warm, comfortable living areas. The kitchens are functional eat-in spaces equipped with electric cooking, suited to modern culinary needs.
The property features a central bathroom with a walk-in shower in both residences, with 51 Burcham Street offering an additional bath, enhancing comfort and practicality. Additional facilities include separate toilets, laundries, and enclosed rear rooms providing versatile use options. Heating and cooling systems vary between the units, one equipped with a split-system air conditioner and the other with a gas heater, ensuring year-round comfort.
Set on a substantial 1241m² lot, with ample rear yard access for both properties, this investment offers immediate rental returns and an attractive potential for future capital growth. The solid construction and generous land size further underscore the long-term value of this dual-income setup.
Additional details include quarterly utility and council costs typical for the region and an anticipated rental increase scheduled for October 2026, indicating sound rental yield prospects.
This property would suit astute investors looking to enhance their portfolio with a regional, low-maintenance offering with significant rental upside and structural integrity.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Mount Gambier SA 5290
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