SOLD
Sold on 15 Sep 2023 for $357,000

12/151 Commercial Street W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 174m2
Sold By
Elders Mt Gambier RLA 62833
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Property Details for 12/151 Commercial St W, Mount Gambier

12/151 Commercial St W, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 174m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
1986
Floor Size
111m2
Land Size
174m2
Local Government
Mount Gambier
Lot/Plan
U2/S7296

Last Listing description (September 2023)

Elders Mount Gambier is pleased to present 12151 Commercial Street, Mount Gambier, for sale.
This beautifully appointed double-story townhouse offers spacious living in the centre of Mount Gambier the ideal location for a young couple or professional with an easy commute to work.
The property would also suit an investor with a realistically high rental return being $360 per week and low maintenance grounds and interior. It sits opposite Vansittart Park ensuring access to an abundance of recreational space - so keeping fit and enjoying the outdoors is made easy. It is also within walking distance of popular destinations along Commercial Street and the surrounding CBD. The townhouse is accessed via a fully paved driveway with extensive driveway access separating neighbouring apartments. A secure, remote-controlled, single-car garage sits adjacent to the main ground-floor entrance, accessed via an attractive, private portico. A small, grassed area sits directly in front and wraps around an elevated garden and retaining wall.

The entrance leads into a spacious foyer with stairs ascending directly ahead and a gorgeous loungeroom through an archway to the right. The lounge features large bay windows overlooking the garden with a second set of large windows with timber Venetians facing the entrance for lots of natural light. The room is carpeted for comfort and flows through to an open dining room and kitchen, again offering large windows. This space benefits from timber-look flooring, a large breakfast bar and sliding glass doors accessing an outdoor entertaining area/alfresco pergola. A central, exposed brick column accommodates gas heating and creates an entryway to a solid timber kitchen.
The U-shaped design kitchen features a double sink overlooking the pergola with timber venetians and pendant lighting. A skylight offers additional natural light above the cooking space, which features solid cabinetry and white worktops. Appliances include a double wall oven/grill with a large gas cooktop and a range opposite. A tiled splashback wraps around the breakfast bar, accommodating additional cabinets and drawers.
A good-sized tiled laundry sits adjacent, offering a built-in wash trough and access directly outside for convenience. It also leads into a ground-floor toilet, with interior access to the garage opposite.
Two double bedrooms and a bathroom are located upstairs. The main bedroom offers views to both the side and front of the property and benefits from a private, spacious balcony with sliding glass doors overlooking the front garden. It features a timber built-in robe and large built-in drawers for abundant storage.
A second spacious bedroom sits opposite, also overlooking the front of the property. Both rooms are carpeted for comfort and enjoy lots of natural light.
A linen closet sits just outside of the bathroom for additional storage. The tastefully decorated bathroom offers a separate shower and bath. It benefits from a large vanity with storage, a mirrored medicine cabinet, and a toilet. Cream tiles and cabinets create a soft and spacious feeling, while large windows with timber Venetian coverings offer privacy.
Both floors are neutrally decorated and feature carpets in the main living areas, with plenty of functional indoor and outdoor entertaining space.
The paved pergola enjoys transparent roofing and timber gables, with a garden surrounding the entire alfresco space.
This immaculate townhouse is an ideal investment property that would attract a high rental return. The conveniently central location makes shopping, dining and commuting a breeze. It would be perfect for a professional or young couple purchasing their first home.
Contact Sarah Barney at Elders Real Estate, Mount Gambier, to learn more about this attractive townhouse, the rental income potential and the surrounding area. Book your viewing of this hot property to avoid disappointment.

RLA 62833

Property History for 12/151 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$357,000
15 Sep 2023
Listed for Rent
$250/w
19 Feb 2015
  • 15 Sep 2023
    Sold for $357,000
  • 27 Jul 2023
    Listed for Sale $349,000 - $369,000
  • 07 May 2021
    Sold for $257,250
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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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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.