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4001/7 Lake Terrace West, Mount Gambier, 5290

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 2
  • Bathrooms 2
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Garage: 2
  • Remote Garage
  • Built-in Wardrobes
  • Dishwasher
  • Reverse-cycle Air Conditioning
  • Split-system Air Conditioning
  • Study
  • Ensuite: 1
  • Living Areas: 1
  • Toilets: 2

Property Overview

Located on the 4th floor you will be captivated by this top level spacious circular penthouse apartment that showcases spectacular panoramic views overlooking the lake city. Laid over one level the apartment features an open plan concept kept comfortable all year round by reverse cycle split system air-conditioning. Central to the living area is a well-appointed kitchen boasting a generous amount of cupboard space, granite counter tops, stainless steel electric cooking facilities complete with dishwasher. Enjoy the views outside on the wrap around balcony accessible by the glass double doors. This apartment has well thought out use of space to include a compact yet convenient study nook for those who need the flexibility of working from home. The master suite is lavish in size to accommodate a king size bed, has large walk in closet and ensuite bathroom. Queen sized guest bedroom with floor to ceiling built in robes. Both bedrooms overlooking the balcony and capture the stunning city views. There is a huge main bathroom with separate shower and corner spa bath, separate toilet and laundry rooms. Complete with a storage room located in the basement of the building plus lock up garaging for 2 vehicles both with auto roller doors located closest to the building, rendering this apartment the pick of them all. With the magnificent Blue Lake and various walking trails as your back yard and no grounds or garden to maintain why not live the simple life, put your feet up and live in luxury. Apartment has been freshly painted throughout and comes fully furnished. The building offers elevator access and is wheelchair accommodating + outdoor residents community garden and gazebo BBQ area for all residents to mingle and enjoy.

INVESTERS INFORMATION
Current tenanted fully furnished at $600pw – 6.6% estimated return on investment.


Extra Information:
Council Rates / $1398.63 p/a
SA Water Supply Charge / $67.85 p/qtr
SA Water Sewer Supply Charge / $79.95 p/qtr
Emergency Services Levy / $87.60 p/a
Strata Fees / $1991 p/qtr
Currently tenanted fully furnished at $600 p/w
Council / City of Mount Gambier
Zoning / Community

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.

Location on Google Map

4001/7 Lake Terrace West, Mount Gambier, 5290

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