Complete Real Estate welcomes your inspection of 8 George Street complex, Mount Gambier. This is a great opportunity to earn a passive income of $45,500 P/A. Three tenanted properties presented on a Community Title offering two recent builds and a character stone cottage circa 1800s.
- Centrally located with ease walking to main CBD via walking/ riding rail trail.
- Metres to the popular Rail Lands to enjoy community events
- Impressive tenant history
- Zoned to Reidy Park Primary
The Cottage
- Quaint cottage with additional features
- Upgrades to kitchen and bathroom areas
- Rear verandah runs the length of the house
- Low maintenance, secure allotment with rear yard access
The Units
- Built 2014 offer all the modern features
- Open plan, kitchen with gas 6 burner Smeg cooktop and oven, Miele stainless steel dishwasher, walk-in pantry
- Outdoor living through sliding door from the living area opens to decked pergola
- Heated and cooled from the split system in the living area
- Bathroom with separate vanity area, separate toilet and additional toilet with the shower and bath
- All this is located on a low maintenance, secure allotments of approx. 360m2 and 450m2
- Decked verandah at the rear
Rental Return
8 George St – $235 P/W
8A George St – $320 P/W
8B George St – $320 P/W
Total $45,500 P/A
With so much character and charm, be sure to book your private inspection.