16 Commercial Street W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
 
FOR SALE

16 Commercial Street W
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 422m2
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This property is currently on the market
Prime Commercial Investment Fully Tenanted In Commercial Street Mount Gambier
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Property Details for 16 Commercial St W, Mount Gambier

Building Type
Commercial
Land Size
422m2
Local Government
Mount Gambier
Lot/Plan
A5/F101033

Last Listing description (August 2026)

Paul Segneri from Malseeds is please to present this outstanding commercial investment opportunity that should not be missed.

Situated in a prime position on Mount Gambier's busyCommercial Street, the offering is two separate tenancies both with long term tenants and both wanting to renew. (The current tenancies are contracted until June 2026 with a total annual income of $63,627.94 plus GST + outgoings.)

The first tenancy located on the ground level is leased by Collins Booksellers. This is approx. 176 sqm with a large retail shopfront with multiple storage areas, a staff kitchen and male and female toilets. Currently leased for $43,267.98 p.a. plus GST + Outgoings.

The second tenancy which incorporates the second level is leased by Kahma Coffee & Donuts. This was once the Funk Lounge and occupies approx. 97.2 sqm with a large open space which could be used for a dining area or dance floor. There is a bar area, commercial kitchen and male and female toilets. The current tenant has turned the ground level stairwell into a Coffee window at street level now servicing the vibrant morning coffee clientele. Currently leased for $20,359.96 p.a. plus GST + Outgoings.

The overall property sits on approx. 422 sqm with street frontage and rear parking for the tenants.

To organise you personal inspection, call Paul on 0407 715 173.

Particulars:
CT: Title Volume: 5108 Title Folio: 539
Zoning: Commercial
Council: City of Mount Gambier
Council Rates: Paid by tenant - TBA p.q
Current rental is $5302.32 per month + GST + Outgoings
Sewerage Supply: Approximately TBA p/q
Water Supply: Approximately TBA p/q

Disclaimer The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice.
RLA 115603

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Property History for 16 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$400,000
26 Sep 2003
  • 26 May 2026
    Listed for Sale Contact Agent
  • 06 Jan 2014
    Listed for Sale $200,000 PLUS SAVING
  • 26 Sep 2008
    Listed for Sale 245000
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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 13,873 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 104 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 695 properties were sold in the past 12 months in Mount gambier.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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