52 Mulgundawah Road Murray Bridge, SA 5253

This exceptional property screams income from the moment you arrive - a true set-and-forget opportunity for the savvy investor.
With many work & holiday visa holders residing in the region, there is an opportunity here to generate consistent income by providing mid/long term room share accommodation for visa holders, making it a reliable, high-yield performer. Murray Bridge experiences a strong demand for temporary and ongoing accommodation for FIFO Maintenance Technicians and Seasonal Agriculture Staff. With an existing development approval for subdivision into 4 allotments (no plans lodged with LTO), there remains further development opportunity to provide workers accommodation or leisure stays.

The low supply and high demand for both large houses and mechanical workshops means this is a lucrative investment that suggests immediate returns and long-term growth potential.

Key features:
• 2x 1960s constructed buildings on a 1100sqm fenced allotment.
• 105sqm, 19 room Brick veneer building with hardwood frame and galvanized iron roof 3 lounge, 5 bedroom, 3 bathroom house with a 1 bay and 3 bay carport and storage shed
• Multiple rainwater storage tanks including an underground tank plumbed into house
• Partially refurbished mechanical workshop. Workshed with concrete floor, lighting, power/TV/internet points, high clearance, pit, gantry and 3 phase power connected. Adjacent to living quarters and/or office facilities, plus high clearance double length, extra wide carport
• 5 mains electricity meters (each wired to a separate portion of the land to allow for 5 operable spaces or have the Meters registered to a single NMI for the convenience of a single usage charge and electricity account) , 1 mains water meter, 1 mains sewer connection, kerbside waste collection and roadside Auspost mail delivery
• Residential market suggests a reliable and consistent income of $2,000 per week
• Potential for further refurbishment, improved division and/or commercial use STCC
• Low-maintenance, high-return investment
• A short walk to the golf course which is currently being developed into a world class facility
• Along the same road as the race course currently being developed with a world class equine centre.
• Adjacent to the Newbridge Estate and situated on the road leading from the town centre to the proposed Gifford Hill Development.

One Hours drive to Adelaide CBD, Murray Bridge regional centre gaining economic momentum as a result of the Greater Adelaide Plan.
Whether you're an experienced investor or searching for the perfect entry into the high-return rental market, this property is one not to be missed. Opportunities like this are rare - secure your income-producing asset today.

All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 278947