SOLD
Sold on 18 Dec 2024 for $390,500

1/20 Mitchell Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 249m2
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Property Details for 1/20 Mitchell St, Mount Gambier

1/20 Mitchell St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 249m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
101m2
Land Size
249m2
Local Government
Mount Gambier
Lot/Plan
U1/S14113

Last Listing description (November 2024)

HIGHEST AND BEST OFFERS BY 4PM WEDNESDAY 30TH OCTOBER 2024 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 1/20 Mitchell Street, Mount Gambier, for sale. Investors and couples or singles looking to downsize will be thrilled with this well maintained and presented two-bedroom unit overlooking Frew Park. The unit is within convenient walking distance of the town centre, Cave Garden / Thugi and Coles/Aldi Mount Gambier. Penola Road and the Jubilee Highway are a stone's throw, making it ideal for visitors. The location is perfect for Airbnb or holiday let accommodation (STCA) or for professionals desiring quick access to amenities.

Well-kept gardens line the street, and the home is accessed via a concrete driveway leading to a secure single garage under the main roof. A fenced front yard and tidy hedging provides a sunny spot for pottering outdoors. A covered portico with a stunning slate faade opens into a generously sized front-facing living room with an open-plan dining room and kitchen. The living space is carpeted for comfort and benefits from reverse-cycle air conditioning in the spacious dining space. Dual windows with blind coverings offer abundant light that filters through the home.

The kitchen offers lots of storage, including a corner pantry. It provides stylish marble-look work surfaces with a breakfast bar and below-the-bench storage. A single sink overlooks the rear pergola, which is accessed from the living area via sliding glass doors. Cooking appliances include a built-in stainless steel Westinghouse oven with a gas cooktop and a range hood, surrounded by a tiled splash back and above-bench cabinets.

A central hallway sits between the kitchen and dining area. It accesses a beautifully tiled laundry with tessellated floors, a wash trough, a linen press, and convenient access to the pergola. The bathroom is opposite, with a separate toilet for privacy. It offers a lovely glass frame shower, a separate tiled bath, a vanity with an integrated basin and storage, and tasteful dcor, including white tapware and a pale blue partial feature wall.

Two spacious double bedrooms sit at the far end of the unit. Each provides soft carpets, large windows with blind coverings, pendant lighting, and built-in robes. The main bedroom overlooks the right side of the property and benefits from reverse-cycle air conditioning.

The entire unit enjoys ducted gas heating and cooling through individual split systems in lounge/dining and bedroom. The rear alfresco pergola offers a beautiful timber deck with a timber balcony fence and a lovely pitched timber roof. A timber patio to the right accommodates a retractable clothesline and raised garden beds. Quality fencing surrounds the outdoor areas for ultimate privacy and security.

This immaculate two-bedroom unit is beautifully presented, offering low-maintenance living and absolute convenience of location. Investors will enjoy the prospect of consistent rental income, holiday accommodation (STCA) and brilliant return on investment. If you're looking for a home with nothing left to do but move in and enjoy the proximity to supermarkets, healthcare and walking trails.

Contact Tahlia Gabrielli at Ray White Mt Gambier team to learn more about this fantastic investment property today. RLA 291953

Additional Property Information:
Age/ Built: 1997
Land Size: 249m2
Council Rates: Approx. $420.38 per quarter.
Strata Rates: Approx. $165 per quarter.
Rental Appraisal: A rental appraisal has been conducted for approximately $320 to $340 per week

Property History for 1/20 Mitchell St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$390,500
18 Dec 2024
  • 18 Dec 2024
    Sold for $390,500
  • 15 Oct 2024
    Listed for Sale Highest & Best Offers by 4pm 30th October
  • 02 Aug 1999
    Sold for $117,500

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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 13,870 properties. Over the last 5 years, Houses in Mount Gambier have seen a 103.28% increase in median value, while Units have seen a 96.82% increase. As at 31 December 2024:

  • The median value for Houses in Mount Gambier is $462,612 while the median value for Units is $335,342.
  • Houses have a median rent of $440 while Units have a median rent of $310.
There are currently 103 properties listed for sale, and 50 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 665 properties were sold in the past 12 months in Mount 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.