FOR SALE
E.O.I by 12pm 21/11/24 (Unless Sold Prior)

37 Cardinia Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1425m2
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Prime Development Opportunity – BIG Block, BIG Shed

Seize the chance to secure an exceptional 1425m² allotment located just one street back from the bustling Commercial Street, placing you within easy reach of Mount Gambier's CBD. This versatile property offers a large 17m x 17m stone shed, perfect for immediate use as storage, saving you on monthly rental costs while you plan for future development.
Zoned Suburban and Business Neighbourhood, this large block opens up exciting possibilities for either business or residential development (S.T.P.A.). Whether you're an investor looking to build, a business owner needing space, or someone seeking a property with long-term potential, 37 Cardinia Street is a smart investment.
With the site being just steps away from the main street, the location offers both convenience and future growth potential. Buy now, use the shed for storage, and have the flexibility to develop later. The proximity to the city centre and flexible zoning makes this an attractive opportunity for astute buyers looking to capitalize on Mount Gambier's thriving commercial and residential growth.
Don't miss your chance to secure this prime piece of real estate in one of Mount Gambier's most sought-after central areas!
Call Al Lamond today 0418 849 266
Extra information:
Council Rates 2024/25 / $1,811.03 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Charge / $86.95 p/qtr
Emergency Services Levy / $78.35 p/a
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Property Details for 37 Cardinia St, Mount Gambier

Building Type
Land
Land Size
1425m2

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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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