58 East Terrace

PHOTOS OF INDIVIDUAL UNITS AVAILABLE UPON REQUEST A rare opportunity exists to secure six individually titled units in the heart of one of the Limestone Coast's most sought-after seaside communities. Available either as a complete investment portfolio or as individual purchases, this versatile offering caters to investors, owner-occupiers, retirees, and those seeking an affordable coastal lifestyle. Located at 58 East Terrace, Kingston SE, the property comprises six separately titled residences, providing exceptional flexibility and future growth potential. Renowned for its relaxed coastal atmosphere, excellent fishing, stunning beaches, and welcoming community, Kingston SE continues to attract strong demand from retirees, holidaymakers, investors, and sea-changers. The township offers quality medical services, retirement facilities, local shopping, dining options, and all the conveniences of a thriving regional centre. Professionally managed by Ray White Mt Gambier | Penola | Robe, the complex currently offers a mix of tenanted and vacant opportunities, allowing purchasers to tailor the acquisition to their investment or lifestyle objectives. Should the units be sold individually, the complex will transition to a strata arrangement, with the potential for a self-managed structure by negotiation. Offering Details Entire Complex • One line purchase available- contact agent for negotiation OR Individual Unit Pricing • Unit 1 - $270,000-$290,000 | CT6300/548 • Unit 2 - $310,000-$330,000 | CT6300/549 • Unit 3 - $280,000-$300,000 | CT6300/550 • Unit 4 - $280,000-$300,000 | CT6300/551 • Unit 5 - $310,000-$330,000 | CT6300/552 • Unit 6 - $300,000-$320,000 | CT6300/553 Property Highlights include: • Six individually titled units • Purchase individually or as a complete investment holding • Flexible investment or owner-occupier opportunities • Combination of fully renovated, partially upgraded and original residences • Immediate rental income available from select tenanted units • Potential to further enhance value across remaining residences • Additional renovation materials can be included within the sale • Professionally managed by Ray White Mt Gambier | Penola | Robe • Potential for self-managed strata arrangements subject to negotiation A pathway allowance behind the titles for Units 2-5 allow ease of bin movement and rear access to all properties along the Southern border. Accommodation Overview Unit 1 - Undergoing renovation. 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, No Yard. Currently undergoing renovation - This unit will undergo painting and upgrades to the flooring, bathroom, laundry, and bedrooms. Unit 2 - Stylish Contemporary Living- renovated 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, Rear Yard. Beautifully renovated circa 2023 with modern finishes throughout including floorings, blinds, kitchen, bedrooms, bathroom and laundry. Currently tenanted, providing immediate income return. Unit 3 - Fresh & Light-Filled 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, Rear Yard. This unit presents neatly in good original condition, with scope for additional cosmetic transformation. Currently tenanted, providing immediate income return. Unit 4 - Updated & Comfortable 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, Rear Yard. Upgraded built in robes and carpets in the bedrooms. New hot water service. Kitchen and bathroom in good original condition. Open kitchen and living area. Unit 5 - Near-New Luxury 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, Rear yard. Immaculately renovated to a high standard, this residence showcases near-new presentation with a refined and contemporary aesthetic throughout. Currently tenanted, providing immediate income return. Modern renovations in the kitchen, bathroom, laundry and bedrooms. New flooring blinds and more. Unit 6 - Extensively Upgraded 2 Bedrooms, 1 Bathroom, Separate Laundry, 1 Carport, Small Yard. A significantly renovated residence featuring: New flooring throughout, upgraded bedrooms and wardrobes, stylish bathroom and laundry, fresh paintwork and new blinds, well maintained original kitchen. Whether you are seeking a substantial regional investment, a scalable portfolio opportunity, an affordable coastal living or future retirement accommodation options, this unique and versatile Kingston SE offering delivers exceptional flexibility in one of the Limestone Coast's most loved seaside communities. For further information or to arrange an inspection, contact listing agent, Karyn Prelc on 0402268137- Ray White Mt Gambier | Penola | Robe. RLA 291953