FOR SALE
Expressions Of Interest by 24th January 2025

27A Tolmie Street
Mount Gambier SA 5290

Bedrooms: 9
Bathrooms: 4
Car spaces: 6
Land area: 1394m2
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Unique multi-unit apartment complex ideal for holidaymakers and professionals

EXPRESSIONS OF INTEREST BY FRIDAY 12 PM 24TH JANUARY 2025 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 27A Tolmie Street, Mount Gambier, for sale. This is a unique listing that offers multiple opportunities for investors. The property for sale comprises four separate units with private gardens, secure parking under the main roofs, and modern facilities. The location of the apartments is ideal for visitors, short and long-stay holidaymakers and fly-in workers.
The complex sits close to the Crouch Street and Wireless Road intersection with childcare, shopping centres, dining options, plenty of amenities, and tourist attractions nearby.
The property is being sold as a complete, modern apartment complex comprising three two-bedroom and one three-bedroom apartments. There is also the opportunity to buy the apartments individually, with all four currently rented for holiday lets attracting an impressive income stream.
3/27A Tolmie St and 4/27A Tolmie Street are identical with reverse layouts, while 1/27A Tolmie St has an alternate layout with bedrooms overlooking a private courtyard.
Apartments 3 and 4 offer a comfortable carpeted entry, a front-facing kitchen, an open-plan lounge room, and a dining room. Their kitchens are equipped with stylish cabinetry including a pantry, vinyl flooring and large bay windows overlooking green spaces. Appliances include stainless-steel electric wall ovens, 600mm induction cooktops and dishwashers for convenience. White-tiled splashbacks sit between overhead and under bench cabinetry that provides plentiful storage.
Apartment 1 has a comparatively different kitchen that sits adjacent to the laundry room. It offers a sink that looks onto the side garden, vinyl flooring, contemporary cabinets with black marble-look worktops, and a 600mm induction cooktop with an electric, under-bench oven. It looks directly onto the lounge room and dining space that both benefit from pendant lighting.
All units feature spacious living rooms that are comforted with wall-mounted gas heating and ducted air. The living room in unit 3 and 4 accesses the laundry, pergola and a hallway connecting the bedrooms and bathroom.
The bedrooms are spacious and offer built-in robes. They are carpeted for comfort, and offer private, contemporary window coverings. Bedroom one is front facing, and bedroom two faces the rear, respectively. A stylish modern bathroom is conveniently located between the bedrooms, and each offers a stylish glass shower (all frameless except for apartment one), a bath, a vanity unit and a separate toilet for privacy. These bathrooms are designed with visitors in mind featuring large, easy-clean white and grey tiles and wall-mounted hair dryers. Thoughtful, practical and universally appealing.
Each apartment offers an alfresco dining space and a small, grassed garden surrounded by private fencing, and each has a secure garage under the main roof.
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Property Details for 27a Tolmie St, Mount Gambier

27a Tolmie St, Mount Gambier is a 9 bedroom, 4 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1394m2. The place is currently for sale with Ray White Mt Gambier.

Building Type
BlockOfUnits
Land Size
1394m2

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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 13,865 properties. Over the last 5 years, Houses in Mount Gambier have seen a 101.25% increase in median value, while Units have seen a 96.22% increase. As at 30 November 2024:

  • The median value for Houses in Mount Gambier is $464,512 while the median value for Units is $345,007.
  • Houses have a median rent of $440 while Units have a median rent of $300.
There are currently 109 properties listed for sale, and 51 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 654 properties were sold in the past 12 months in Mount gambier.

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Leearna Roberts
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Ray White Mt Gambier
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