FOR SALE
NEW PRICE $599,000 - $649,000

54-60 Mccormick Road
Ob Flat SA 5291

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Bathrooms: -
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Land area: 1.8ha
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Complete Real Estate - Kim Cawthorne

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UNIQUE OPPORTUNITY!
Complete Real Estate are delighted to present 4.5 (approx.) acres situated at the foot of Mount Gambier's famous 'Blue Lake'.
Imagine living on the edge of The Blue Lake; Complete Real Estate are delighted to present 4.5 (approx.) acres which offers a unique and extraordinary lifestyle that seamlessly combines the tranquillity of a semi-rural setting with the awe-inspiring wonders of geological history. Nestled amidst picturesque landscapes and surrounded by the remnants of ancient volcanic activity, this region boasts an array of amazing experiences that make it an exceptional place to call home.
This allotment presents a possibility for the next owner to purchase and retain the property as a whole allotment; or subdivide and create the opportunity for multiple homes (subject to council approval). Images included are of possible subdivision proposal options.
Endless possibilities can be found with this gem of an allotment; with the allotment complete with 15m x 7m (approx.) hay shed, private driveway and mains water.
Situated a short distance from the town centre; this allotment has much to offer those looking to build their dream home with ample space for additional shedding and surround themselves with space for all to enjoy.
Enjoy direct walking-access to the Blue Lake from walking trail located at the end of McCormick Road, where you can take a hike along the picturesque trails that wind through the volcanic parklands.
PLAN IMAGE LOT 303
City of Mount Gambier
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Property Details for 54-60 Mccormick Rd, Ob Flat

Building Type
Land
Land Size
1.8ha

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About Ob Flat 5291

The size of Ob Flat is approximately 25.7 square kilometres. It has 4 parks covering nearly 1% of total area. The population of Ob Flat in 2011 was 631 people. By 2016 the population was 420 showing a population decline of 33.4% in the area during that time. The predominant age group in Ob Flat is 60-69 years. Households in Ob Flat are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ob Flat work in a managers occupation. In 2011, 86.2% of the homes in Ob Flat were owner-occupied compared with 86.7% in 2016.

Ob Flat has 267 properties. Over the last 5 years, Houses in Ob Flat have seen a 64.50% increase in median value. As at 31 October 2024:

  • The median value for Houses in Ob Flat is $746,198 while the median value for Units is $549,348.
There are currently 3 properties listed for sale, and no properties listed for rent in Ob flat on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Ob flat.

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Kim Cawthorne
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