FOR SALE
Expressions Of Interest by 14th of November 2024

124B Crouch Street N
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1322m2
Land area: 9760m2
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Unique Commercial or Development Opportunity

EXPRESSIONS OF INTEREST BY THURSDAY 12PM 14TH NOVEMBER 2024 (UNLESS SOLD PRIOR)
Positioned on a large allotment of approximately 9760sqm with secure dual street access, Ray White are proud to present to the market this unique commercial property situated at 124B Crouch Street North in Mount Gambier.
Zoned "Suburban Neighbourhood", it presents a great opportunity for future development in a popular location close to schools, childcare and the nearby Marketplace whilst still being a short drive to the CBD.
With significant infrastructure already in place, adaptation of the current facility could be a huge head start for further use in a wide range of fields such as education, childcare, health and medical, consulting rooms or office spaces to name a few - the potential is yours to discover.
Currently utilised as a private education facility with gated access via Crouch Street, the impressive setup includes 6+ classrooms of varying sizes, multiple common areas and quiet study nooks, staff rooms and offices with a large and versatile footprint.
7 separate toilets/bathrooms across multiple sections of the main building offer flexibility for men's, women's and disability access, or separate staff/client toilets depending on your needs, whilst the large kitchen facility includes 2 ovens, a gas and an electric cooktop, huge centre island and ample storage, with multiple plumbing points for sinks/handwashing. An adjoining "science" room includes further plumbing for both water and gas.
Each room offers a multitude of power points and network ports with a central server hub providing connectivity, as well as a full security and camera system covering the entire property. Ducted reverse cycle heating and cooling is zoned throughout the building, with individual units also installed in many different rooms providing flexibility of use and climate control.
Outside on the eastern side of the main building is an asphalt court that could be repurposed as ample parking space, whilst on the western side a private courtyard offers a sheltered barbeque area, as well as a large 18m x 6.3m shed with concrete flooring, multiple access points, extensive power outlets and plumbing to a handwash station.
Constructed in approx. 2010, the gymnasium offers a full-size basketball court with an adjoining cafeteria or "shop" space, complete with polished concrete floors, kitchenette and exhaust/extraction system. Upstairs on the mezzanine floor, a space for extra storage, workout room or even offices. The toilet blocks are accessible from outside of the building, offering high quality men's and women's facilities, including disability access.
Whilst currently residing on one title, there is opportunity to explore subdivision between the two main buildings if desired (STCA), with separate street access already available and some services already in place.
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Property Details for 124b Crouch St N, Mount Gambier

Building Type
Commercial
Floor Size
1322m2
Land Size
9760m2

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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% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 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 trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016.

Mount Gambier has 13,838 properties. Over the last 5 years, Houses in Mount Gambier have seen a 96.17% increase in median value, while Units have seen a 88.81% increase. As at 30 September 2024:

  • The median value for Houses in Mount Gambier is $452,216 while the median value for Units is $316,661.
  • Houses have a median rent of $430 while Units have a median rent of $300.
There are currently 86 properties listed for sale, and 50 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 677 properties were sold in the past 12 months in Mount gambier.

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Alistair Coonan
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