1 to 4 /20 Derrington Street, Mount Gambier SA 5290

Other:   Bedroom Icon 8 Bathroom Icon4 Land Size Icon 910m2

Sold for $632,000

Investment Opportunity!

Ideal opportunity for first time investors or to add to your property portfolio! We are pleased to offer for sale this Group of Four solid brick units set on an allotment of approx. 910sq mtrs situated in a good location, only a short walk to local shops. The property features GI Roof and Aluminum windows and are fully leased with solid rental history.
Units One and Four feature Carpeted Lounge, Dine in Kitchen with electric stove, Two Bedrooms (Both with built-ins), Separate Laundry and Bathroom with toilet
Unit Two and Three feature Open living Kitchen/Lounge/Dining with electric stove, Two Bedrooms (Both with built-ins), Separate Laundry and Bathroom with Toilet
Currently returning a gross annual rental of approx $40,040.00 per annum / Council Rates $5190.40 per annum, SA Water $510.40 per annum (nett cost to landlord).

Property ID: 1335639

Contact Agents
Melissa Patzel
Melissa Patzel

Salesperson | Property Manager | Admin

Office: 08 8733 2100
Mobile: 0403 312 677

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Professionals Millicent
45 George Street, Millicent SA 5280 | Phone 08 8733 2100