Much listed Willoughby, SA mortgagee holding slashed $330,000 and unsold
Staff reporterDecember 7, 2020
A Willoughby, South Australia mortgagee cottage listed six times in the past five years has had its asking price reduced again.
The two bedroom one bathroom cottage is situated on 139 hectares of primary production zoned land.
Paul Gibson of Cliff Hawkins is currently marketing the property.
The earliest indicate of its mortgagee status came in December 2018.
Situated at 2332 Cape Willoughby Road, the holding is listed for $450,000.
The asking price is a $330,000 reduction on what it originally sought back in July 2015 of $780,000.
Featuring two dams, one being spring fed a large working shed/garage and 5 rain water tanks, the property has views from the cottage with decking on three sides.
