FOR SALE
Expression Of Interest

51 John Watson Drive
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 902m2
Land area: 3199m2
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Ultimate commercial opportunity within an enormous, iconic building opposite the Blue Lake

EXPRESSIONS OF INTEREST
Ray White Mt Gambier is pleased to present 51 John Watson Drive, Mount Gambier, for sale.
This is a unique investment opportunity with incredible potential and versatility. Begin a new venture at this iconic address. The Former Win TV Mount Gambier studio has an indelible history, making it a prominent landmark on the Limestone Coast. Much of the Win TV era remains evident, with nostalgic memorabilia dotted throughout and iconic branding on the building's exterior.
The dream development site has unrivalled potential within the media, telecommunications, tourism, and hospitality industries. The creative space benefits from a prime location, with the inspiring Blue Lake as a backdrop. The bustling centre of South Australia's second-largest city is just moments away.
Since the days of broadcasting, the two-story building has most recently been utilised as a cellar door and café, and it has the potential to become a larger venue for events and functions.
Whether it's food and wine, media production, music and entertainment or community projects that ignite your passion - this is a genuinely exceptional opportunity to make a significant impact.
The solid-built brick property comes with much more than a rich history-sitting on a 2,948m2 allotment, it overlooks the town and Blue Lake with residential buildings surrounding it. There is undercover parking attached to the rear of the building for convenience and security, along with parking behind the security fence. Access is via a right of way.
The original technical tower remains on the site, and while not included in the sale, it does offer benefits.
The front entrance opens into a foyer that is fully enclosed with glass windows and features slate floors. It leads through to a reception area recently converted into a bar/café. These are spacious, versatile areas. The front of the building benefits from reverse-cycle air conditioning and has a large staircase leading to the upper level.
A built-in safe sits just outside a central hallway at the end of the reception space. Male and Female toilets sit immediately to the right, equipped with a powder area between them. A large kitchen is adjacent, and two offices are separated by one of five lower-level storerooms.
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Property Details for 51 John Watson Dr, Mount Gambier

Building Type
Commercial
Floor Size
902m2
Land Size
3199m2

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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 13,862 properties. Over the last 5 years, Houses in Mount Gambier have seen a 97.34% increase in median value, while Units have seen a 89.37% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gambier is $456,548 while the median value for Units is $332,955.
  • Houses have a median rent of $430 while Units have a median rent of $305.
There are currently 101 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 680 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Tahlia Gabrielli
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Leearna Roberts
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Ray White Mt Gambier
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.