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9-11 Granite Court

Mount Gambier, SA 5290, Australia
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4 bed 2 bath 2 car221m²

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About this property

Discover exclusive property investment opportunities through the Regional Key Worker Housing Scheme-an initiative of Renewal SA, delivered by the Office for Regional Housing. Properties now available to purchase in Mt Gambier include: Two x 4 Bedroom Designs - 9 & 11 Granite Court Two x 3 Bedroom Designs - 65b & 67b Wireless Road West Two x 2 Bedroom Designs - 65a & 67a Wireless Road West These two newly constructed properties feature:- • Convenient central location, close to shopping and recreation amenities • Low maintenance design • Secure double garage • Fully leased through until 2035 with attractive weekly rents. This unique, government-backed program provides quality housing for key workers across regional South Australia and offers savvy investors the chance to purchase newly built, fully leased homes, backed by a long-term, stable lease to the State Government. What does the Regional Key Worker Housing Program offer investors? • 10-Year Lease + 5-Year Extension Option • Guaranteed Rental Income Over the Lease Term • No Vacancy Periods • Tenanted by Government Key Workers. • Annual Rent Increases of 2.5% between Market Reviews Every 3 Years • Full Property Management & Maintenance by Government Employee Housing under the DIT Total Asset Care Plan • End-of-Lease Property Refresh Included With only six such properties available to purchase in Mt Gambier, demand is expected to be high. Enquire today to find out how you can add one of these low-risk properties to your investment portfolio.

Property Features

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    Repayment calculator

    $2,565/month
    $1,282 /fortnight
    Loan $423,200 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$105,800
    Stamp duty$22,925
    Conveyancing (est.)$2,000
    Total upfront$130,725
    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
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Land Area
    221m²
    Listed
    2 months ago

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