2 Crouch St N, Mount Gambier is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1925. The property has a land size of 1019m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Investors, this is a rare opportunity to purchase 2 adjoining leased properties (2 separate titles), located in a sought after area on Crouch Street North, Mount Gambier.
Unit 1 - Offers a spacious 3 bedroom, 1 bathroom Mount Gambier stone constructed dwelling, complemented by split system air conditioning, ensuring year-round comfort, plus inviting warm floorboards throughout. Outside features include rear yard access to a separate stone garage.
Unit 2 - Offers an inviting 1 bedroom, 1 bathroom Mount Gambier stone constructed dwelling, featuring gas heating, plus inviting warm floorboards throughout. Outside features in separate driveway to single car carport.
Currently tenanted at $215.000 per week until 30/01/2025 - NEW RENTAL APPRAISAL suggesting $230.00 - $240.00 per week.
Extra information, no strata manager is required for these properties, as the current vendor owns both properties, which is a big saving to an investor per year.
Mount Gambier is known for its vibrant community and excellent investment opportunities. Proximity to local schools, parks, and shopping centre's ensures that all your daily needs are met with ease.
Don't miss this opportunity to secure a well-priced investment in a sought-after location. Act fast-these amazing investment properties won't stay on the market for long!
In conjunction with Al Lamond from Key 2 Sale.
RLA 62833
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 13,829 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.64% increase in median value, while Units have seen a 117.24% increase. As at 31 March 2026:
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