1 Commercial Street E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

1 Commercial Street E
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 54m2
Land area: 1090m2
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Property Details for 1 Commercial St E, Mount Gambier

1 Commercial St E, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1963. The property has a land size of 1090m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in October 2003.

Building Type
Unit
Year Built
1963
Floor Size
54m2
Land Size
1090m2
Local Government
Mount Gambier
Lot/Plan
A100/D27230

Last Listing description (June 2025)

EXPRESSIONS OF INTEREST BY WEDNESDAY 30TH OF APRIL 2025 AT 12PM (IF NOT SOLD PRIOR)
We are seeking interest for the complex of three strata titled units as a whole or as individual lots.

A rare opportunity presents itself with this solid brick and tile unit complex, offering three well-designed residences. Whether you're an investor looking to secure a multi-income asset or a homeowner seeking flexibility with additional rental potential, this property delivers versatility, practicality, and long-term value.

UNIT 1
- Positioned at the front of the complex
- Two bedrooms including a main with built-in robes
- Spacious open-plan living area with a reverse-cycle air conditioner and gas wall furnace
- Kitchen offers a gas stove, double sink, and timber cabinetry
- Bathroom includes a shower, bath, and separate toilet
- Laundry with built-in storage
- Small, private yard with secure fencing
- Single garage with internal access and manual roller door.

UNIT 2
- Two bedrooms including a main with a built-in robes and charming bay window
- Open-plan living area with a reverse-cycle air conditioner and gas wall furnace
- Kitchen is fitted with a gas stove, double sink, and timber cabinetry
- Bathroom includes a bath, shower, and separate toilet
- Laundry with built-in storage
- Small, private yard with secure fencing
- Single garage with internal access and manual roller door.

UNIT 3
- Positioned at the rear of the complex, Unit 3 is the largest of the three units
- Three bedrooms including two with built-in robes and all with ceiling fans
- Spacious L-shaped living and dining area includes a sliding door leading to the side yard
- Well-appointed galley-style kitchen
- Bathroom includes a shower, bath, vanity, and separate toilet
- Climate control is covered with both a gas furnace and reverse-cycle split system
- Single garage with internal access and manual roller door.

Owning three units in one complex presents a wealth of possibilities. Investors can enjoy a steady rental return across multiple dwellings, while owner-occupiers could live in one and lease the others for additional income. The solid construction and sought-after features make this a smart addition to any portfolio.

Don't miss your chance to secure this unique multi-unit offering enquire today.

Extra Information - Unit 1:
Council Rates / $1,588 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $86.95 p/qtr
Emergency Services Levy / $82.65 p/a
Independent Rental Appraisal / $360-$370 p/w
Land Size / 272 m2

Extra Information - Unit 2:
Council Rates / $1,588 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $86.95 p/qtr
Emergency Services Levy / $82.65 p/a
Independent Rental Appraisal / $360-$370 p/w
Land Size / 249 m2

Extra Information - Unit 3:
Council Rates / $1,588 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $86.95 p/qtr
Emergency Services Levy / $82.65 p/a
Independent Rental Appraisal / $390-$410 p/w
Land Size / 272 m2

Extra Information - Whole Property:
Land Size / 793 m2
Council / City of Mount Gambier
Zoning / Business Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 1 Commercial St E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$2,167,000
22 Oct 2003
  • 27 Mar 2025
    Listed for Sale E.O.I by 12pm 30/04/25 (Unless Sold Prior)
  • 21 Feb 2019
    Listed for Rent $21,000 / year
  • 30 Jan 2019
    Listed for Rent $15,000 / year
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24.0% of 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 13,810 properties. Over the last 5 years, Houses in Mount Gambier have seen a 109.30% increase in median value, while Units have seen a 105.78% increase. As at 31 December 2025:

  • The median value for Houses in Mount Gambier is $544,108 while the median value for Units is $399,563.
  • Houses have a median rent of $453 while Units have a median rent of $340.
There are currently 63 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 744 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.