FOR SALE
$580,000

42 Wirrega Road
Mundulla SA 5270

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Land area: 2063m2
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Unique Investment

This property is a very unique Investment Opportunity.
With the main residence being a very well maintained 3 bedroom cottage which has been used by the current owners as short term accommodation but would make an ideal home, or as a permanent rental or continue with the current income stream with its current use as a short term rental.
Complimenting the main dwelling is 3 fully self contained units that are located at the rear of the property. They are ideal for short term accommodation which is what they have been very successfully used for, but with promotion and some advertising the occupation rate could possibly be increased.
The large allotment of approximately 2063m2 makes an ideal and spacious location for the 4 properties and being opposite the Old Mundulla Hotel and adjacent to the Mundulla Store it is only a few steps for your food and a few social drinks.
You could rent out all 4 properties or live in the main home and lease the 3 units as short term accommodation, this is definitely a unique opportunity that has so many options.
Call us for further details and an inspection.
RLA153432

Property Details for 42 Wirrega Rd, Mundulla

42 Wirrega Rd, Mundulla is a 6 bedroom, 4 bathroom House. The property has a land size of 2063m2. The place is currently for sale with RAY WHITE BORDERTOWN & DISTRICT.

Building Type
House
Land Size
2063m2

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About Mundulla 5270

The size of Mundulla is approximately 102.6 square kilometres. The population of Mundulla in 2011 was 675 people. By 2016 the population was 408 showing a population decline of 39.6% in the area during that time. The predominant age group in Mundulla is 50-59 years. Households in Mundulla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundulla work in a managers occupation. In 2011, 84.4% of the homes in Mundulla were owner-occupied compared with 83% in 2016.

Mundulla has 457 properties. Over the last 5 years, Houses in Mundulla have seen a 128.65% increase in median value, while Units have seen a 90.60% increase. As at 31 October 2024:

  • The median value for Houses in Mundulla is $420,682 while the median value for Units is $452,046.
There are currently 6 properties listed for sale, and no properties listed for rent in Mundulla on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Mundulla.

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Brenton Carson
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Hayden Obst
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RAY WHITE BORDERTOWN & DISTRICT
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