FOR SALE
Expression Of Interest by 18th October 2024

46 James Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 77m2
Land area: 470m2
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Fantastic commercial opportunity within an original stone cottage in central Mount Gambier

EXPRESSIONS OF INTEREST BY FRIDAY 12PM 18TH OCTOBER 2024 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 46 James Street, Mount Gambier, for sale.
This centrally located two-bedroom home has been utilised as a business premises in Mount Gambier and is currently empty. It is ready to be renovated and brought to life with invigorating enthusiasm by the right investor. The property compromises multiple office spaces and a central reception area. It has a kitchen and a bathroom at the rear, providing the exciting opportunity for creating fabulous luxury accommodation or Airbnb/holiday let income. The property has the potential for renovation as a salon, café, studio, health and wellbeing service, yoga and Pilates space.
The generous proportions make this property an ideal investment for business opportunists, with the location ideal for any imaginative venture.
Entry to the property is directly off James Street, with a long car park area that extends back to Commercial Street. It has a large, covered verandah with period stone pillars and multiple chimneys, adding charm. The area at the rear of the property is significant, offering an opportunity for additional spaces, outbuildings, and development (STCA). The property sits directly opposite Cheap As Chips and AXIS Employment, which offer extensive car parking and attract shoppers to the area.
Originally built as a cottage, the property is full of character. High ceilings, timber windows, and leadlight door frames give it a lustrous appeal that is advantageous to buyers looking to capitalise on the combination of history, location, and a solid foundation. It retains carpets, some cabinetry, and storage, including kitchen cabinets, lighting, and window coverings. The bathroom is tiled, offers an existing sink, and is ready for a full renovation.
The property has a generous carpark, ensuring visitors and guests are catered for. There is potential to expand the space to offer even more to the community.
This is a unique commercial opportunity. Turn a blank canvas into a work of art and bring your services to the Limestone Coast with transport links, amenities and tourist attractions on your doorstep. The Railway Lands walking track, Wulanda Recreation Centre, The Cave Gardens and lovely parks and playgrounds surround the area, ensuring plenty of foot traffic and customers in the vicinity.
Realise your vision of owning and running a dream business by transforming this spacious central building and restoring its lustre. This is an opportunity not to be missed. Contact Tahlia and the Ray White Mt Gambier team to learn more and start planning your project. RLA 291953
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Property Details for 46 James St, Mount Gambier

Building Type
Commercial
Floor Size
77m2
Land Size
470m2

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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 13,849 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 95 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 664 properties were sold in the past 12 months in Mount gambier.

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Tahlia Gabrielli
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Leearna Roberts
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Ray White Mt Gambier
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