Home/Properties/Mount Gambier/1-2/45 Shelton Street
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1-2/45 Shelton Street

Mount Gambier, SA 5290, Australia
$780,000
4 bed 2 bath 2 car

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Area Price Guide
$733,200$826,800

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72
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$539,000
Area median
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+45%
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Yesterday
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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned in a highly convenient location close to all amenities, Units 1 & 2 at 45 Shelton Street present a fantastic opportunity for investors, downsizers or those seeking an easy-care lifestyle without compromising on comfort. Each unit offers a practical, low-maintenance layout, with thoughtful updates enhancing comfort and liveability, making them ideal for both owner-occupiers and investors alike. Unit 1 Offers a neat, well-maintained home with tasteful updates throughout, creating a space that feels fresh and inviting from the moment you step inside. The living area provides a comfortable place to relax, complete with the warmth of a central gas log fire and the convenience of an air conditioning unit, ensuring year-round comfort. The kitchen is practical and functional, featuring gas cooking and a straightforward layout designed for easy everyday living. Accommodation includes two bedrooms, both with built-in robes. The main bedroom enjoys direct access to the upgraded bathroom, adding an extra level of convenience. The home also features a combined bathroom and laundry, along with a separate toilet. Freshly painted with new carpet throughout, the home is move-in ready or perfectly suited for immediate leasing. A remote garage adds further convenience and security, while the private, low-maintenance rear yard provides privacy with little to no upkeep. Offering immediate appeal for investors, the property has an estimated rental return of approximately $350 per week, with a prospective tenant ready to secure a lease. Unit 2 Mirrors a similar easy-care design, also freshly painted with new carpets, providing a clean and well-presented interior ready for its next owner or tenant. Currently leased until June at $300 per week, current tenant hoping to secure an extension to the lease. The living space is serviced by a reverse cycle split system, ensuring comfortable living throughout the seasons, while the kitchen offers gas cooking and a practical layout suited to everyday use. Both bedrooms include built-in robes, with the main bedroom enjoying direct access to the central bathroom. The home also features a combined bathroom and laundry, along with the added convenience of a separate toilet. A remote garage and private, low-maintenance rear yard further enhance the appeal, offering privacy and security. Opportunities like this offering flexibility, convenience and immediate return potential are increasingly hard to secure. Together, these units present a versatile opportunity whether you choose to invest in both, live in one and lease the other, or secure a low-maintenance home in a convenient location, the options here are plentiful.

Property Features

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    Repayment calculator

    $3,781/month
    $1,891 /fortnight
    Loan $624,000 at 6.10% over 30 years

    Upfront costs

    Deposit$156,000
    Stamp duty$36,730
    Conveyancing (est.)$2,000
    Total upfront$194,730
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Listed
    Yesterday

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