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54-60 MCCORMICK ROAD, Ob Flat$624,000
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54-60 MCCORMICK ROAD

Ob Flat, SA 5291, Australia
$599,000 – $649,000
1.8 ha

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About this property

Please enquire for a private inspection via video call or a hosted one to one viewing UNIQUE OPPORTUNITY! Complete Real Estate are delighted to present 4.5 (approx.) acres situated at the foot of Mount Gambier's famous 'Blue Lake'. Imagine living on the edge of The Blue Lake; Complete Real Estate are delighted to present 4.5 (approx.) acres which offers a unique and extraordinary lifestyle that seamlessly combines the tranquillity of a semi-rural setting with the awe-inspiring wonders of geological history. Nestled amidst picturesque landscapes and surrounded by the remnants of ancient volcanic activity, this region boasts an array of amazing experiences that make it an exceptional place to call home. This allotment presents a possibility for the next owner to purchase and retain the property as a whole allotment; or subdivide and create the opportunity for multiple homes (subject to council approval). Images included are of possible subdivision proposal options. Endless possibilities can be found with this gem of an allotment; with the allotment complete with 15m x 7m (approx.) hay shed, private driveway and mains water. Situated a short distance from the town centre; this allotment has much to offer those looking to build their dream home with ample space for additional shedding and surround themselves with space for all to enjoy. Enjoy direct walking-access to the Blue Lake from walking trail located at the end of McCormick Road, where you can take a hike along the picturesque trails that wind through the volcanic parklands. PLAN IMAGE LOT 303 City of Mount Gambier Zoned/ Suburban Neighbourhood Council Rates: approx. $2,154.96 per annum Emergency Services Levy: approx. $108 per annum

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1.8 ha
Listed
3 months ago

Repayment calculator

$3,025/month
$1,513 /fortnight
Loan $499,200 at 6.10% over 30 years

Upfront costs

Deposit$124,800
Stamp duty$28,150
Conveyancing (est.)$2,000
Total upfront$154,950
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ob Flat

This land in Ob Flat, SA 5291 sits within reach of local amenities. It is listed 14% above the $549,000 median of 57 comparable landswithin 5 km.

Ob Flat at a glance

Full suburb profile
Population
470
Median age
48
Household income
$2,104/wk
Median rent
$250/wk
Median mortgage
$1,625/mo

Source: ABS Census.

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