16 Commercial Street WMount Gambier SA 5290
Property Details for 16 Commercial St W, Mount Gambier
Last Listing description (July 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 busy Commercial 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
Property History for 16 Commercial St W, Mount Gambier, SA 5290
- 30 Jul 2026Sold
- 26 May 2026Listed for Sale Contact Agent
- 06 Jan 2014Listed for Sale $200,000 PLUS SAVING
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0About 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 13,898 properties. Over the last 5 years, Houses in Mount Gambier have seen a 108.68% increase in median value, while Units have seen a 102.93% increase. As at 30 September 2026:
- The median value for Houses in Mount Gambier is $573,785 while the median value for Units is $419,417.
- Houses have a median rent of $480 while Units have a median rent of $360.
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