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Overview
Located in the heart of Mount Gambier's central business district, these two adjoining units present a rare and compelling investment opportunity. Situated within a well-maintained complex, the properties combine practicality with low maintenance living, making them ideal for investors seeking stable rental returns or those desiring conveniently positioned residences in a sought-after area.
The units feature functional kitchens that flow seamlessly into their living areas, enhanced by split system air conditioning to maintain comfort throughout the year. Modernised bathrooms offer updated amenities, while private paved courtyards provide manageable outdoor zones suitable for relaxation or light socialising.
Unit 3, with its two generous bedrooms and single bathroom, is complemented by an off-street parking space. Its lease, extending until March 2027, secures a reliable weekly rental income, making it an attractive choice for investor buyers looking for immediate returns. Meanwhile, Unit 4 offers a cozy layout with one bedroom and bathroom, alongside its own off-street car space. Its tenancy extends until August 2027, providing additional security and peace of mind.
Both units benefit from close proximity to essential conveniences including supermarkets, eateries, medical centers, schools, and public transport, all within walking distance. Moreover, the nearby natural attractions like the Blue Lake and Crater Lakes precinct add scenic value and recreational opportunities, enhancing lifestyle appeal.
This offering is particularly well-suited to investors seeking low-maintenance properties with established tenancies in a central location. The combination of practical layouts, secure income streams, and prominent positioning presents unique value in Mount Gambier’s real estate market.
- Two distinctly titled investment units within a central complex
- Functional, easily maintained interiors with modernised bathrooms
- Year-round comfort from split system air conditioning
- Secure, long-term leases in place, delivering immediate rental income
- Convenient access to urban amenities and beautiful natural landmarks
Overall, these units offer a balanced blend of convenience, comfort, and investment solidity, suited for portfolio diversification or for those seeking manageable, city-central addresses with assured returns.
Local Market Insights
In Mount Gambier, Quiet Listings observed 25 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $306,020. The property type mix of listed properties is predominantly Houses at 48%, followed by units (35%), and commercial properties (6%). Complete Real Estate was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mount Gambier SA 5290
Market Insights for Mount Gambier SA 5290
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
