Complete Real Estate - Kim Cawthorne Under Contract

26 CROUCH STREET NORTH, Mount Gambier
$850,000 - $875,000
Block Of Units
  • Bedrooms 17
  • Bathrooms 7
  • Car Spaces 7
  • Land Size 1913 Square metres

Description

Please enquire for a private inspection via video call or a hosted one to one viewing

Complete Real Estate are pleased to welcome to the market 26 Crouch Street North, Mount Gambier - a rare opportunity to secure an entire strata complex on approx. 1913m2 of prime real estate.

This complex of 7 well designed units with a low vacancy rate and consistent income is situated approximately 1km from the Main Corner of Mount Gambier in the hub of the CBD, just a short walk to Woolworths, pharmacies, restaurants, various bus stops and more.

Units 2, 3, 4 and 5 serviced by shared electric hot water service. Units 1, 6 and 7 serviced by individual electric hot water services and bottled gas.

𝗔𝗟𝗟 𝗨𝗡𝗜𝗧𝗦 𝗔𝗥𝗘 𝗜𝗡𝗗𝗜𝗩𝗜𝗗𝗨𝗔𝗟𝗟𝗬 𝗧𝗜𝗧𝗟𝗘𝗗:
Unit 1: 2 b/r, gas heating, single car garage with internal access
Unit 2: 2 b/r, electric heating, single undercover carport
Unit 3: 2 b/r, electric heating, single undercover carport
Unit 4: 2 b/r, electric heating, single undercover carport
Unit 5: 2 b/r, electric heating, single undercover carport
Unit 6: 3 b/r, gas heating, single car garage with internal access
Unit 7: 4 b/r, gas heating, single car garage with external access

𝗜𝗡𝗗𝗜𝗩𝗜𝗗𝗨𝗔𝗟 𝗨𝗡𝗜𝗧 𝗟𝗘𝗔𝗦𝗘 𝗜𝗡𝗙𝗢𝗥𝗠𝗔𝗧𝗜𝗢𝗡:
Unit 1: leased at $195 per week until January 2022
Unit 2: leased at $175 per week until March 2022
Unit 3: leased at $160 per week until January 2022
Unit 4: leased at $175 per week until December 2021
Unit 5: leased at $175 per week until April 2022
Unit 6: leased at $230 per week until April 2022
Unit 7: leased at $230 per week until April 2022

𝗢𝗨𝗧𝗚𝗢𝗜𝗡𝗚𝗦:
Council rates: approx. $1015.03 per annum per unit
SA Water supply: approx. $68.60 per quarter per unit
SA Water Sewerage: approx. $73.50 per quarter per unit
ESL Levy: approx. $582.75 per annum per unit

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Floorplans

Floor Plan 1

Location