1 - 2/40 Crouch Street, Mount Gambier, SA 5290

Investors, this is a rare opportunity to purchase 2 adjoining leased properties (2 separate titles), located in a sought after area on Crouch Street North, Mount Gambier. 

Unit 1 - Offers a spacious 3 bedroom, 1 bathroom Mount Gambier stone constructed dwelling, complemented by split system air conditioning, ensuring year-round comfort, plus inviting warm floorboards throughout. Outside features include rear yard access to a separate stone garage. 
 
Currently tenanted at $335.00 per week until 30/06/2025 - NEW RENTAL APPRAISAL suggesting $350.00 - $370.00 per week.

Unit 2 - Offers an inviting 1 bedroom, 1 bathroom Mount Gambier stone constructed dwelling, featuring gas heating, plus inviting warm floorboards throughout. Outside features in separate driveway to single car carport.

Currently tenanted at $215.000 per week until 30/01/2025 - NEW RENTAL APPRAISAL suggesting $230.00 - $240.00 per week.

Extra information, no strata manager is required for these properties, as the current vendor owns both properties, which is a big saving to an investor per year.

Mount Gambier is known for its vibrant community and excellent investment opportunities. Proximity to local schools, parks, and shopping centre's ensures that all your daily needs are met with ease. 

Don't miss this opportunity to secure a well-priced investment in a sought-after location. Act fast-these amazing investment properties won't stay on the market for long!

In conjunction with Al Lamond from Key 2 Sale.

RLA 62833