10 Marara Street, Mount Gambier, SA 5290 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1,050,000 - $1,100,000

10 Marara Street
Mount Gambier SA 5290

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 743m2
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THREE UNITS – ONE TITLE – RARE OPPORTUNITY

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Offering the advantage of three separate brick and tile units on a single allotment, this well-maintained property presents a compelling investment opportunity with multiple income streams and broad tenant appeal. Built for durability and designed for practical, low-maintenance living, each residence enjoys its own private courtyard while providing comfortable layouts that cater to a range of occupants.
UNIT 1
Features a practical two-bedroom design, with one bedroom incorporating a built-in robe. The spacious lounge room provides a comfortable living environment and is fitted with a split system air conditioner for year-round comfort. The kitchen renovated and dining area are positioned together, creating a functional and efficient space for everyday living. A bathroom with vanity, separate laundry and garage under the main roof add further convenience, while the enclosed rear courtyard provides a private outdoor area requiring minimal upkeep.
Currently leased for $320 per week lease ending 22/07/2026
UNIT 2
Offers many of the same desirable features, delivering a comfortable two-bedroom layout with a built-in robe to one bedroom. A spacious lounge room creates a welcoming living space and is complemented by split system air conditioning. The renovated kitchen/dining area provide a practical setting for daily living, while the bathroom with vanity and separate laundry contribute to the unit's functionality. The garage under the main roof offers secure parking, and an enclosed rear courtyard provides a private and easy-care outdoor space.
Currently leased for $295 per week lease expiring 14/09/2026
UNIT 3
The largest of the three residences, Unit 3 offers a versatile three-bedroom floorplan, with two bedrooms featuring built-in robes. The spacious renovated kitchen flows seamlessly into the open-plan lounge area, creating a connected and inviting living space that appeals to a broad range of occupants. A separate bathroom and laundry enhance practicality, while a single carport positioned alongside the unit provides sheltered off-street parking. The enclosed rear courtyard continues the low-maintenance theme, offering privacy and outdoor enjoyment without extensive upkeep.
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Property Details for 10 Marara St, Mount Gambier

10 Marara St, Mount Gambier is a 7 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces and was built in 1976. The property has a land size of 743m2. The place is currently for sale with Key 2 Sale.

Building Type
BlockOfUnits
Year Built
1976
Land Size
743m2
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. There are 114 parks, covering nearly 24.0% of the total area. The population of Mount Gambier in 2016 was 25512 people. By 2021 the population was 25591 showing a population growth of 0.3% in the area during that time. The predominant age group in Mount Gambier is 50-59 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a community and personal service occupation.In 2021, 62.70% of the homes in Mount Gambier were owner-occupied compared with 61.30% in 2016.

Mount Gambier has 13,858 properties. Over the last 5 years, Houses in Mount Gambier have seen a 111.00% increase in median value, while Units have seen a 108.24% increase. As at 30 June 2026:

  • The median value for Houses in Mount Gambier is $577,050 while the median value for Units is $416,912.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 98 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 708 properties were sold in the past 12 months in Mount gambier.

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Ben Ransom
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Key 2 Sale
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