Much listed Willoughby, SA mortgagee holding slashed $330,000 and under offer

Much listed Willoughby, SA mortgagee holding slashed $330,000 and under offer
Staff reporterSeptember 12, 2019

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 indicator of its mortgagee status came in December 2018.

Situated at 2332 Cape Willoughby Road, the holding is listed for $450,000 and according to Realestate.com.au is now under offer.

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.

Editor's Picks

Hamton launches sales at Scotch Hill Gardens, Hawthorn
RBA cut interest rates amid inflation decline
Reddam House North Shore opening to lure families to North Sydney
Woolworths to sell another prime Brisbane development site with apartment approval
TOGA's vision for building vibrant new community precincts across Sydney