FOR SALE
$750,000

56 Gray Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
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Neat and Tidy, extremely central!

Jason Malseed is pleased to present an extremely centrally located freehold building within the hustle and bustle of Mount Gambier's Central Business District.
In the heart of Mount Gambier, this fantastic opportunity for leasing out or having your own business, with a multitude of potential possibilities, in a high traffic area.
Equipped with incredibly functional improvements including reverse cycle air-conditioning heating and cooling in all rooms, ceiling fans, a well-equipped kitchen upstairs with a dishwasher, water filter tap, toilet as well as an additional downstairs toilet for convenience.
You will also enjoy the courtyard with a large window in the main large office at the rear great for the green thumb to enjoy while working and outdoor decking upstairs near the kitchen to enjoy lunch breaks.
A lot of natural materials have been used creating a welcoming environment including the reception desk made with old cattle yard rails, pressed tin and woollen carpet.
The current occupiers are willing to lease an office from the new owner if possible, as they very much enjoy the location.
Particulars:
Council: City of Mount Gambier
Council Rates: $784.00 approx per quarter
Land Size: Approximately 160m2
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Property Details for 56 Gray St, Mount Gambier

Building Type
Commercial
Floor Size
160m2

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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 88.75% increase in median value, while Units have seen a 86.51% increase. As at 31 July 2024:

  • The median value for Houses in Mount Gambier is $443,110 while the median value for Units is $305,888.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 102 properties listed for sale, and 53 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 675 properties were sold in the past 12 months in Mount gambier.

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Jason Malseed
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