1-4/40 Kurrajong StreetMount Gambier SA 5290
Property Details for 1-4/40 Kurrajong St, Mount Gambier
1-4/40 Kurrajong St, Mount Gambier is a 8 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1972. The property has a land size of 698m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (February 2024)
Please enquire for a private inspection via video call or a hosted one to one viewing.
Welcome to your Ideal Investment Opportunity in the thriving South Australian city of Mount Gambier.
This 4-Unit Community Strata Title complex is fully leased and located in a sought after area of the city.
Located only 5 minutes from the City Post Office, 1 minute drive to the nearest school, 3 minutes to the nearest medical centre and only 4 minutes to the Mount Gambier Central Shopping Centre, adding to the appeal for residents.
UNIT 1:
Situated in a group of 4, unit 1 is on ground level
Currently leased @ $175pw to 2/7/2024
Open plan living space with split system air conditioner
Renovated kitchen with electric cooking
Updated bathroom with shower, basin and toilet
Spacious laundry with back door access to clothesline
Designated off street car parking
UNIT 2:
Situated in a group of 4, this unit sits above unit 1.
Currently leased @ $200pw to 18/11/2024
Open plan living space with split system air conditioner
Kitchen with electric cooking
Bathroom with shower, basin and toilet
Spacious laundry with back door access to clothesline
UNIT 3:
Currently leased @ $220pw to 8/4/2024
Open plan living space with split system air conditioner
Kitchen with electric cooking
Bathroom with shower, basin and toilet
Spacious laundry with back door access to clothesline
Dedicated garage
UNIT 4:
Currently leased @ $220pw to 09/07/2024
Open plan living space with split system air conditioner
Kitchen with gas cooking (bottle)
Renovated bathroom with shower, vanity and toilet
Spacious laundry with back door access to clothesline
Garage and lockable storage unit
Council Rates: $1,222.79pa
Water/Sewer Rates: $292.50pq per unit per quarter
ESL: $292.50pa
No Strata Corporation fees in place
Speak with the Property Management team at Complete Real Estate about managing this property
Property History for 1-4/40 Kurrajong St, Mount Gambier, SA 5290
- 26 Sep 2023Listed for Sale $695,000 - $745,000
- 06 Dec 2016Sold
- 17 Jan 2002Sold for $110,000
Recent sales nearby
See more recent sales nearby/assets/perm/uuawsyzvlai6zlzfpoxdtgqtji?signature=099ff1b89c38c27cd426f523729316d4ceb2a698a4829c02903293eea38774b5){kind=logo}
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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 13,875 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.
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