51 - 53 BURCHAM STREET, Mount Gambier, SA 5290

Two Dwellings. Two Incomes. One Investment.

Each dwelling is currently leased at $360 per week, providing a combined rental income of $720 per week
Within the advertised price guide this represents an indicative return of investment of approximately 4.6% - 4.7%.
Each dwelling includes:
•	Three well-proportioned bedrooms
•	Eat-in kitchen with electric cooking
•	Central bathroom with walk-in shower, with 51 Burcham Street also including a bath
•	Separate toilet and laundry
•	Enclosed rear room
•	Heating and cooling, with number 51 featuring a split-system and number 53 a gas heater in loungeroom
•	Gas hot water
•	Rear yard access

Set on a generous 1,241m² allotment, the property combines immediate income with potential for future value-adding, including possible subdivision to two titles (STCA).
Purpose-built as mirror-image duplexes and constructed from solid Mount Gambier limestone. Conveniently located close to Mount Gambier Hospital, the CBD, childcare centres and public transport, supporting ongoing tenant appeal.
Rent: $360 per week per dwelling
Combined Rental Income: $720 per week
Return on Investment (purchased within price guide): Approx. 4.6%–4.7%
Land Size: Approx. 1,241m²
Year Built: Approx. 1946

51 Burcham Street
Land: Approx. 566m²
Dwelling: Approx. 95m²

53 Burcham Street
Land: Approx. 675m²
Dwelling: Approx. 105m²

Council Rates: Approx. $395.77 per quarter
SA Water Supply: Approx. $88.00 per quarter
SA Water Sewerage: Approx. $103.85 per quarter