3 & 4/9 Francis Street, Mount Gambier, SA 5290 | Unit for sale | OnTheHouse
 
FOR SALE
$575,000

3 & 4/9 Francis Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Two Low Maintenance Investment Opportunities in the Heart of the CBD

Jason Malseed from Malseeds Real Estate is pleased to present Units 3 & 4, 9 Francis Street, Mount Gambier, offering two separately titled investment opportunities in one of the city's most convenient locations.
Positioned within a well maintained group of units, both properties offer practical layouts designed for comfortable, low maintenance living. Each unit features a functional kitchen adjoining the living area, complete with a split system air conditioner for year round comfort. The bathrooms have been modernised, while private paved courtyards provide an easy-care outdoor space to enjoy.
Unit 3 comprises two generous bedrooms, one bathroom and one off street car space. Currently leased at $280 per week until March 2027, it presents an excellent opportunity for investors seeking an immediate rental return.
Unit 4 offers one bedroom, one bathroom and one off street car space. Currently leased at $220 per week until August 2027, this unit provides a secure tenancy and a low maintenance investment in a highly sought after location.
Ideally positioned within easy walking distance of the Mount Gambier CBD, both units enjoy convenient access to supermarkets, cafés, restaurants, medical facilities, schools and public transport. The Blue Lake, Crater Lakes precinct and many of the Limestone Coast's attractions are also only a short drive away.
Whether you're looking to purchase one or both units, this is a rare opportunity to secure quality investment properties in a tightly held central location with reliable rental income already in place.
- Unit 3 Particulars -
Price: $340,000
Bedrooms: 2 Bathrooms: 1 Car Spaces: 1 off street car space
Currently Leased: $280 per week until March 2027
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Property Details for 3 & 4/9 Francis St, Mount Gambier

3 & 4/9 Francis St, Mount Gambier is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The place is currently for sale with Malseeds Real Estate.

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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 13,870 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.93% increase in median value, while Units have seen a 105.41% increase. As at 31 July 2026:

  • The median value for Houses in Mount Gambier is $578,108 while the median value for Units is $411,961.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 101 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 692 properties were sold in the past 12 months in Mount gambier.

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Jason Malseed
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