5 Coombe Street
Nangwarry, SA 5277

Overview

Affordable Renovation Opportunity in Nangwarry, SA - Limestone Coast

Nestled within the peaceful township of Nangwarry, this property presents an affordable opportunity filled with potential for buyers ready to undertake renovation and create a unique home. Priced at $230,000, it is well suited for first home buyers, renovators, investors, or those seeking an affordable regional lifestyle with room to grow.

The residence features three bedrooms, one bathroom, a separate toilet, and a rear laundry, offering a functional layout that is ready for renovation and improvement. Whether you choose to move in and renovate over time or secure the property as an investment project, there is significant scope to add value and personalize the home.

Surrounded by natural beauty and rich forestry history, Nangwarry is a quiet and welcoming community ideally located between Penola and Mount Gambier. This location provides convenient access to larger town services while maintaining a relaxed country atmosphere.

The township hosts a well-maintained forestry museum and community centre that celebrate the area's proud heritage. It also offers a local primary school and school bus services to secondary schooling in Penola.

Residents benefit from a local GP service available on Wednesdays, alongside a popular local roadhouse and takeaway that serve as valued community hubs.

Key features include:

• Affordable renovation opportunity with excellent potential to add value
• Rear laundry
• Functional layout ready for improvement and renovation
• Positioned within the Township zoning
• Minimum site area requirement of 900sqm
• Hazards Bushfire High Risk Overlay applies
• Flooding Evidence Required Overlay applies
• Native Vegetation Overlay applies
• Water Protection Area Overlay applies
• Convenient location between Penola and Mount Gambier
• Quiet regional lifestyle with strong community spirit
• Close to local primary school and bus services to high school in Penola
• Nearby GP service available on Wednesdays
• Popular local roadhouse and takeaway nearby
• SAPPA report available

This property will be marketed online for 14 days, concluding on Wednesday, May 13th, 2026. Following this period, all offers and conditions will be presented to the vendors for their consideration and final decision.

Additional property information includes a land size of approximately 839 square meters and a rental appraisal estimating weekly rent between $310 and $330.

Location