7 Cardinia St, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 694m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.
Ray White Mt Gambier is pleased to present 7 Cardinia Street, Mount Gambier, for sale.
This 1950s property comprises a three-bedroom apartment with rear shedding that sits within a short walk of Woolworths on Commercial Street East. It offers comfortable living with exceptional outdoor areas, including a spacious rear garden. The property would be ideal as an investment for rental, a first home, or a downsized home for a single or couple. The location is ideal for accessing amenities such as supermarkets, healthcare, recreation and dining, with multiple childcare and primary school options nearby.
This property is sold with an option to purchase the adjoining three-bedroom property at 5 Cardinia Street. Details on the financial investment and rental return opportunity will be provided to interested parties.
The property offers a tidy woodchip and shrub front garden with a paved driveway to the right. The driveway accesses the rear yard and a double garage with a high fence gate for security.
The white stone home is accessed from a covered porch that leads directly into the living room. This light and airy space features an original central fireplace and mantle, bricked in with black brickwork and converted into gas heating. There is also a reverse cycle system and soft grey carpets for comfort. Windows are covered with roll-down blinds for privacy.
The living room leads out to a central hallway/foyer, providing a combustion fireplace to keep the entire home cosy in winter. Three double bedrooms are accessed from this space with bedroom one sitting directly behind the living room. Bedrooms two and three overlook the front garden via large windows.
Each bedroom is carpeted and offers pendant lighting and blinds for privacy and comfort. The family bathroom also sits centrally within the home, directly opposite the wood burner. It has been updated with white tiling, a white vanity with storage and a sliding frosted mirror overlooking the patio. It offers a shower over bath with a glass screen and a large wall mirror.
The laundry sits between the bathroom and the kitchen. It benefits from a built-in wash trough, shelving and an exterior door accessing the patio for convenience. It also accommodates the toilet through a sliding door offering privacy.
The kitchen has a split system for comfort and offers original above and below bench cabinets and a single sink overlooking the garden. It has a side-by-side, stand-alone oven/cooktop and a dishwasher. The space offers ample storage and a dining area with central pendant lighting and an exhaust fan.
The outside area is ideal for entertaining, featuring a large, low-maintenance grassed garden with a circular, paved and stone firepit to the right. The double garage is attached to a rear woodshed, perfect for storing gardening tools and timber for the fireplace.
Trees and shrubs line the rear fence, offering privacy, while high fencing surrounds the yard for added security, making this home well-equipped for children and small animals.
This is a unique investment opportunity made more appealing with the option to purchase the adjoining property - which also benefits from a large rear garden. The potential to renovate, update and expand (STCA) will ensure the value of this address continues to improve. Rental or holiday-let income makes this appealing to a range of purchasers, and it's also a smart buy for a small family starting their home ownership journey.
Contact Leearna and the team at Ray White Mount Gambier to learn more about this lovely home and its rental appraisal - and book a viewing to avoid disappointment.
RLA - 291953
Additional Property Information:
Age/ Built: 1955
Land Size: 682m2
Council Rates: Approx. $1,100 per annum
Rental Appraisal: The property is currently leased at $265 per week until 05/02/2025 an updated rental appraisal has been conducted at $320 - $340 per week
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 13,849 properties. Over the last 5 years, Houses in Mount Gambier have seen a 88.75% increase in median value, while Units have seen a 86.51% increase. As at 31 July 2024:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.