215 Commercial Street East, Mount Gambier, SA 5290

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 1pm, Friday 1st August 2025**

Located on a substantial allotment of approximately 826m², this solid stone built home offers an outstanding opportunity in a desirable location. With flexible zoning and close proximity to the city's central amenities, this property is an ideal choice for homebuyers, investors, or those seeking future development potential (S.T.C.C.).

Currently leased at $330 per week until 24/09/2025, the property provides immediate rental income with while you can plan for the future. 

Step inside to discover a warm lounge room, complete with carpet, a ceiling fan, day/night blinds, and the warmth of gas ducted heating creating a space for everyday living. A central hallway leads to a linen cupboard for convenient storage and two front facing bedrooms, both comfortably carpeted and fitted with day/night blinds plus the spacious master bedroom follows suit, providing a restful space. 

The central bathroom includes a shower over the bath and a vanity, while the laundry is equipped with a traditional trough and access to a separate toilet. Moving through to the updated kitchen with lino flooring and excellent cupboard storage. A sunroom at the back provides a light filled space that opens onto the expansive backyard.

Outdoors, you'll find a covered pergola ideal for outdoor dining, along with a carport, garden shed, and a small wood shed, offering both practicality and extra storage. The large, flat allotment enhances the property's flexibility, whether you're considering extensions, lifestyle additions, or development down the track (S.T.C.C.).

Adding even greater value, we have other opportunities available with an adjoining property creating the potential for expansion or larger-scale development in this desirable area (S.T.C.C.).

Don't miss this rare chance to secure a versatile and well-located property with scope to grow. Contact us today for more information or to explore the wider potential available.

Additional Information:
Land Size: Approx 826m2
Building Size: Approx 100m2
Council Rates: Approx $387 per quarter
Emergency Services Levy: Approx $81.85 per annum
Water / Sewerage Rates: Approx $165 per quarter
Age of Building: Approx. 1950
Rental Appraisal: $330 per week