SOLD
RECENT ADVICE
Sold on 25 May 2024 - Price Unavailable

1 Pick Avenue
Mount Gambier SA 5290

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Floor area: 123m2
Land area: 794m2
Sold By
Elders Real Estate Mount Gambier (RLA62833)
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Property Details for 1 Pick Ave, Mount Gambier

1 Pick Ave, Mount Gambier is a 7 bedroom, 3 bathroom House and was built in 1975. The property has a land size of 794m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 7 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
123m2
Land Size
794m2
Local Government
Mount Gambier
Lot/Plan
A590/F193582

Last Listing description (October 2024)

Elders Mount Gambier is pleased to present 1-3, 14 Pick Avenue, Mount Gambier, for sale.
The property consists of 2, two-bedroom apartments and 1, three-bedroom apartment. Each is attached, with the larger accommodation sitting at the far end - furthest from the roadside. A carport is accessed from the front driveway and provides a car space for each units.
Unit 3 (3 bedroom) is Lease commenced 28/03/2024 12mths $295pw

Unit 2 (2 bedroom) is leased commenced 2006 at $200pw
Unit 1 (2 bedroom) is leased until 01/12/24 at $235pw
The listing sits opposite the Mount Gambier Showgrounds, with Sturt Street, Commercial Street East, the Jubilee Highway and Kennedy Avenue all within walking distance. Shopping centres, childcare, healthcare, schools and dining options are all close with the convenience of easy access to the centre of town. The nearby Railway Lands walking track offers fantastic access into town and provides a lovely way to get exercise and take in the sights.
The layout of each apartment is identical, except for the third bedroom in unit 1, which could be utilised as a home office. Unit two has slightly smaller dimensions but is otherwise the same.
Each unit is accessible from a gated fence surrounding a low-maintenance communal front garden. A Colourbond fence separates the block from the neighbouring complex - ensuring security and privacy. There is a small grassed garden at the rear, which accommodates a large clothesline. It is enclosed with a gate and hedging that continues at the front of the property. The combination of hedging and fencing offers additional privacy and reduces audible traffic noise.
The units each benefit from a solid front entry with security screens and large windows overlooking the garden. The front-facing living rooms are carpeted, with kitchens and eating areas behind. Each space benefits from reverse cycle air conditioning and access to the wet rooms at the rear.
The kitchens/dining areas offer solid cabinetry and vinyl floors with above and below-bench storage separating them from the living space. Each has a single sink adjacent to a free-standing electric oven with an electric cooktop and a range hood. There is plenty of worktop space, storage and room for a dining table.
Each of the apartments features bedrooms to the left of the entrance. The main bedrooms all sit at the rear, providing built-in robes and pendant lighting. Each bedroom is carpeted for comfort and features large windows with blind coverings for privacy.
The wet areas face the rear garden, with the bathrooms on the left and laundry rooms on the right.
Each bathroom offers neutral tiles, a shower with a track shower curtain, a toilet and a basin. They feature frosted, rear-facing, sliding windows and are accessed off the laundry room. The laundry rooms have a built-in wash basin, an area for a washing machine and a dryer and an external door for convenient access to the shared clothesline space.
This is a brilliant opportunity for an investor looking to capitalise on the market with three well-maintained units that can be rented long or short-term. They are ideal for students, professionals, FIFO employees and visitors to the region. Whether you're a first-time investor or looking to add to an existing portfolio - this is a unique chance to acquire three units with good earning potential to maximise return on investment.

Contact Sarah Barney at Elders Real Estate, Mount Gambier, to learn more and book a viewing of the property today.
RLA 62833

Property History for 1 Pick Ave, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
25 May 2024
Listed for Rent
$280/w
22 Mar 2021
  • 24 Apr 2024
    Listed for Sale $669,000 - $689,000
  • 12 Mar 2021
    Listed for Rent $279 / week
  • 07 Sep 2017
    Listed for Rent - Price not available
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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 13,863 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 99 properties listed for sale, and 56 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 681 properties were sold in the past 12 months in Mount gambier.

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Disclaimer
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.