SOLD
Sold on 29 Jan 2024 for $310,000

2/223 Commercial Street W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 160m2
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Property Details for 2/223 Commercial St W, Mount Gambier

2/223 Commercial St W, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 160m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
94m2
Land Size
160m2
Local Government
Mount Gambier
Lot/Plan
U2/S2759

Last Listing description (June 2024)

Jason Malseed is pleased to announce 2/223 Commercial Street West, Mount Gambier for sale; a well located, neat and tidy unit ready for someone to come make their own. Offering two spacious bedrooms, a modernised bathroom and an electric roller doored garage; this property is ideal for those downsizing, or even for those looking to invest.

The unit is complimented by a secure garage with automatic roller doors and a fully cemented driveway. You will be pleased to be directly across the road from the post office, and just a minute's walk from the main street. This brick-unit in an owner-occupied complex is surrounded by a captivating landscaping, with flowerbeds lining the driveway and a front lawn upon entrance.

A small, tiled entry featuring a security light leads to a carpeted living area, accompanied by a split system extending into the dining/kitchen area. The interior walls have just been freshly painted, creating a light and airy effect to the home.

The kitchen and dining area are fully updated with floating floorboards for a modern look and feel and are easy to clean. The kitchen has been brought to date, through the cream cabinets, grey tiling, and a double sink, overlooking the rear patio. A gas cook top sits above a stainless-steel electric oven with a new overhead range hood and a step in pantry to the left.

A large built in linen press sits within the hallway, providing an abundance of storage. The hallway leads to the bathroom that has been updated. The continuous neutral colour scheme flows into the bathroom with grey tiles which also surround the separate bath and shower. The toilet is separate to the bathroom for convenience and privacy.

Both bedrooms, and the lounge room are carpeted, creating warmth to the area. The main bedroom includes full-width floor to ceiling built-in wardrobe and features the gorgeous bay windows (featured throughout) overlooking the front of the property.

Through the laundry exit is the courtyard which offers an undercover, paved area, with small garden beds and a water tank, a relaxing space.

For more information or to arrange a private inspection, contact Jason Malseed 0419 032 795.

Particulars (all approx):
Emergency Services: $70.30 per annum
SA Water Supply: $70.80 per quarter
SA Water Sewerage: $75.85 per quarter
Council Rates: $300 per quarter
Strata & Sinking Fund: Approx $382 per quarter

Property History for 2/223 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$310,000
29 Jan 2024
Listed for Rent
$375/w
06 Feb 2024
  • 06 Feb 2024
    Listed for Rent $375 / week
  • 29 Jan 2024
    Sold for $310,000
  • 28 Nov 2023
    Listed for Sale $295,000 - $320,000
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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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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.