5 Doughty St, Mount Gambier is a 6 bedroom, 3 bathroom Unit and was built in 1960. The property has a land size of 825m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last transferred in March 2022.
Attention investors- Malseeds Real Estate are pleased to offer for sale 5 leased, renovated units to be sold individually or as a group.
The property offers:
* 3 x Two bedroom units $225,000 - $230,000 each
* 2 x One bedroom units $160,000 - $170,000 each under contract
All units are on individual titles
This property would suit an investor looking for a return on investment immediately.
Great location within walking distance to cafs, banks, restaurants, and the main street.
Unit 1: SOLD
Unit 2: SOLD
Unit 3: $245 per week
Unit 4: $245 per week
Unit 5: $245 per week
Still room for growth! The rental market in Mount Gambier is extremely active, making this a great investment!
The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016.
Mount Gambier has 13,860 properties. Over the last 5 years, Houses in Mount Gambier have seen a 97.34% increase in median value, while Units have seen a 89.37% increase. As at 31 October 2024:
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