39 & 39A Jubilee Highway West Mount Gambier SA 5290

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4 2 9
$275,000

Investors Be Quick

39 & 39A Jubilee Highway West, Mount Gambier
Outstanding investment opportunity for the astute investor.
Rare offering of two tenancies on the one title, rental one being a 3 bedroom home and rental two being a 1 bedroom unit. This property has secure long term tenants and returns as unheard of rental yield of over 7%.

HOUSE
Walk through the front door into a carpeted lounge room at the front of the house with slow combustion wood heating and ceiling fan. There are 3 good sized bedrooms all carpeted. The eat in kitchen has electric cooking and vinyl flooring and provides ample cupboards. The tiled bathroom has a slate floor and a separate shower and bath plus vanity. The toilet is separate as well as the laundry with AWM taps and a built in cupboard. Toilet and laundry also have slate floors. A linen press lines the hall that leads to a large rumpus room at the rear of the home, where there is another slow combustion heater. Walk through a sliding door to the undercover pergola which over looks the large fully enclosed rear yard.
There is an undercover carport along the side of the home that has rear yard access and leads to a 3 bay galvanised iron shed.
The construction type of home is timber framed, weatherboard with an iron roof
The house is currently tenanted for $230 per week

UNIT
The fully self-contained one bedroom unit is stone of construction and was once a bakery. The flat has a carpeted lounge with gas heating, updated dine in kitchen with wood laminate floors, a light and bright bathroom with a shower, basin and toilet. The laundry is at the rear of the unit and has access to the enclosed rear yard. There is a long lockable driveway leading to a single garage.
The unit is currently tenanted for $155 per week.

An excellent opportunity not to be missed.
EXPAND…

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Last updated 12:41PM on Oct 25th 2016
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Herbert Real Estate

7 Helen Street
Mount Gambier SA, 5290

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Herbert Real Estate

7 Helen Street
Mount Gambier SA, 5290

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More property from Herbert Real Estate
3 Old Bridge Road3 Duigan Street21445 Riddoch Highway68A Wehl Street NorthLot 3 Portland-nelson Road3 Black Swan Road
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