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INVESTORS / FIRST HOMEOWNERS - Break into the property market

2 McPherson Street Penola; On offer, a solid Mount Gambier stone duplex (one half of) set on an easily manageable 604m2 allotment.

This neat & tidy, well-maintained home is a great entry level property AND for the astute investor, has potential to earn a good return as a rental property – with rental demand in Penola a sure bet. Our property Manager has appraised the weekly rental as $230 - $250 per week.

A freshly painted exterior sets this house apart from the rest. The interior comprises a separate living room (also recently painted) with attractive mantle, reverse cycle air conditioner and ceiling fan for year-round comfort. A central corridor connects three bedrooms (all carpeted) a bathroom in great condition and the dine in kitchen; well-equipped with gas cooktop as well as cabinetry and lino flooring in good condition.

From here connect to the laundry, separate toilet, and access to the rear veranda. Extending from here, further outdoor undercover space, perfect for entertaining. A car pergola and garden shed complete the package.

Other items to note;

- Solar panels installed.

- Second reverse cycle air conditioner to bedroom.

- Recently upgraded quality heat pump hot water system.

- Rainwater & SA Water connection available to the house.

- Aluminum windows throughout.

- Wattle Range Council rates approx. $1,554 per year.

This is an outstanding opportunity for someone wanting to break into the thriving property market. Whether you are an investor, first homeowner or retiree, call Meg 0407 740 034 today to arrange your private inspection. This one, will not last long.

3 1 1 604 m2
Address 2 Mcpherson St, Penola
Price SOLD for $170,000
Property Type Residential
Property ID 811
Category House
Land Area 604 m2

Agent Details