SOLD
Sold on 23 Sep 2024 for $585,000

329 Commercial Street W
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 110m2
Land area: 1012m2
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Property Details for 329 Commercial St W, Mount Gambier

Building Type
Commercial
Year Built
1963
Floor Size
110m2
Land Size
1012m2
Local Government
Mount Gambier
Lot/Plan
A13/D2481

Last Listing description (October 2024)

Location: 329a Commercial Street West, Mt Gambier
Rental Price: $35,000 pa plus outgoings

Unlock the potential of your business with this high-clearance 4-bay shed, perfectly suited for a mechanical workshop. Spanning an impressive 18m x 8m with a height of 4m, this facility is designed for efficiency and convenience.

Key Features:

Power Ready: Equipped with 3-phase power to support your heavy machinery and equipment.
Two Hoists: Ideal for automotive repairs and maintenance, ensuring you can maximize your workflow.
Office Space: A dedicated office area allows for seamless administration and client interactions.
Convenient Amenities: Toilet and washbasin facilities provide essential comfort for you and your team.
Located in a popular industrial area, this property offers easy access and ample parking, making it perfect for both clients and employees.

Available Now: Don't miss out on this fantastic opportunity to elevate your business operations.

Contact Jennifer Carson today to schedule a viewing and explore the potential of this prime location!

RLA 62833

Property History for 329 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$585,000
23 Sep 2024
Listed for Rent
$290/w
22 May 2019
  • 09 Oct 2024
    Listed for Rent $35,092 / year
  • 23 Sep 2024
    Sold for $585,000
  • 17 Jul 2024
    Listed for Sale $579,000 - $599,000
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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 13,860 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 54 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 672 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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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.