Sold for $159,000
Sold for $159,0008 Schinkel Street, Mount Gambier SA 5290
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Property was sold on 25 August 2023.
Sold on 25 August 2023.
Land
1121m²
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Land
1121m²
Escape the hustle and bustle with this countryside retreat, ideal for those seeking peace and tranquility.
Nestled in the charming town of Mount Gambier, this spacious block of land presents an exceptional opportunity for development (STCC) and or investment. Positioned on a quiet street, this flat 1121m2 allotment encompasses two allotments on one title, making it the perfect canvas for subdivision and unlocking its full potential (STCC). As you step onto the property, you'll immediately notice the generous size, the level terrain offers a blank canvas for designing and constructing multiple dwellings or creating separate parcels for future buyers, allowing for versatility and maximizing the land's value (STCC). With a wide frontage and ample space, the block provides plenty of room to accommodate the infrastructure required for the subdivision (STCC). Whether you envision the construction of modern townhouses, duplexes, or single-family homes, the possibilities are endless. The region itself boasts stunning natural attractions, including the renowned Blue Lake and the picturesque Valley Lakes. Residents and visitors can explore the lush landscapes, indulge in outdoor activities, or simply enjoy the serene beauty that surrounds them. Mount Gambier also hosts a range of cultural events, vibrant markets, and local festivals, fostering a strong sense of community and providing ample opportunities for leisure and entertainment. Investing in this block of land presents not only the chance to capitalize on its subdivision potential (STCC) but also the opportunity to contribute to the growth and development of Mount Gambier. Whether you are an astute investor or a developer with a vision, this flat 1121m2 allotment, consisting of two allotments on one title, providing the ideal foundation to create a thriving residential community. RLA - 291953 Additional Property Information: Land Size: 1121m2 Council Rates: Approx. $394 per quarter