4002/3 Lake Terrace WMount Gambier SA 5290
Property Details for 4002/3 Lake Tce W, Mount Gambier
4002/3 Lake Tce W, Mount Gambier is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a floor size of 152m2.
Last Listing description (October 2025)
Set on the top floor and thoughtfully designed across one easy-care level, this impressive apartment offers the perfect blend of space, convenience, and low-maintenance living.
Step inside to discover a light-filled open plan layout, where the living and dining zone flows seamlessly into a well-appointed kitchen boasting stainless steel appliances, electric cooking, dishwasher, and abundant storage ideal for both everyday living and entertaining. Comfort is assured year-round with reverse cycle split system air-conditioning.
The generous master suite is a true retreat, complete with a walk-in robe and private ensuite, while there are two additional queen-sized bedrooms, one features full-height built-in robes, whilst the other could alternatively be utilised as a cosy sitting room. A spacious main bathroom offers both shower and bath, complemented by a separate toilet and a large laundry for added practicality.
Additional features include 2 secure lock-up garages with auto roller doors, a basement storage locker, and elevator access within the building designed to ensure ease of living for all, including wheelchair accommodation.
Beyond the apartment itself, residents are treated to a beautiful community garden and gazebo BBQ area, perfect for social gatherings or quiet moments outdoors. With the iconic Blue Lake and scenic walking trails just moments from your door, this location offers a lifestyle of relaxation and natural beauty, all without the hassle of garden upkeep.
For those with furry companions, while strata by-laws generally prohibit pets, special permission may be granted by application at the Annual General Meeting.
This is your opportunity to embrace a simpler, more luxurious way of life secure, stylish, and stress-free.
Extra Information:
Council / City of Mount Gambier
Rental Appraisal / $400-$420 p/w
Zoning / Community
Disclaimer:
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Property History for 4002/3 Lake Tce W, Mount Gambier, SA 5290
- 26 Aug 2025Listed for Sale $429,000
- 04 Apr 2018Listed for Rent $330 / week
- 20 Jan 2016Listed for Rent - Price not available
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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 13,869 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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