12 Montgomery Avenue

Mount Gambier SA 5290

The heart of this property is the charming stone home with high ceilings featuring three generously sized bedrooms. Stone homes are renowned for their timeless appeal and solid construction, and this one is no exception. The character and warmth of the stone create an inviting ambiance, making it a perfect place to call home. With a spacious living room with sliding doors opening up to a front deck and a well-appointed eat in kitchen complete with island bench, dishwasher, and plenty of cupboard space, you'll have the comfort and space you desire. You won't be disappointed with the heating and cooling options either, blessed with a split system air conditioner and gas central heating throughout you will be forever grateful to maintain your desired temperature. The main bathroom also has been renovated over time in neutral tones and includes separate bath, shower recess, vanity and toilet. In addition, there is a second toilet adjacent the laundry and with easy access to the undercover pergola area that overlooks the low maintenance back yard with a feature cactus you'll immediate fall in love with! A single garage will host your vehicle and possessions with remote control roller door.
What sets this property apart is its dual income POTENTIAL, making it an investor's dream come true. In addition to the main residence, there is a self-contained granny flat that offers versatile options. Whether you're seeking a supplementary income stream, accommodation for extended family, or even the potential for an Air BNB rental, this granny flat provides the flexibility to meet your needs.
The self-contained granny flat presents an exciting opportunity for dual income generation. You can choose to rent out both the main house and the granny flat separately, ensuring a steady and substantial return on your investment. Alternatively, you might decide to occupy one and rent out the other, making it a viable and cost-effective living solution. (Please note both properties are run on the same electricity meter and would need to be separated to make full use of its potential.)
In the realm of real estate investments, few opportunities are as promising as this 3-bedroom stone home with views of the Centenary Tower and a self-contained granny flat. Whether you're seeking a unique family home with rental income potential or a sound investment with dual income streams, this property ticks all the boxes.

Extra information:
Council Rates / $1,465.96 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $79.50 p/qtr
Emergency Services Levy / $87.45 p/a
Independent Rental Appraisal- house only / $400-$420 p/wk
Independent Rental Appraisal- house+granny flat / $500-$520 p/wk
Build Year / 1960
Land Area / 717m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.