10 Marara Street, Mount Gambier, SA 5290 - More Details
$1,050,000 - $1,100,000
UNLOCK THE DETAILS
Offering the advantage of three separate brick and tile units on a single allotment, this well-maintained property presents a compelling investment opportunity with multiple income streams and broad tenant appeal. Built for durability and designed for practical, low-maintenance living, each residence enjoys its own private courtyard while providing comfortable layouts that cater to a range of occupants.
UNIT 1
Features a practical two-bedroom design, with one bedroom incorporating a built-in robe. The spacious lounge room provides a comfortable living environment and is fitted with a split system air conditioner for year-round comfort. The kitchen renovated and dining area are positioned together, creating a functional and efficient space for everyday living. A bathroom with vanity, separate laundry and garage under the main roof add further convenience, while the enclosed rear courtyard provides a private outdoor area requiring minimal upkeep.
Currently leased for $320 per week lease ending 22/07/2026
UNIT 2
Offers many of the same desirable features, delivering a comfortable two-bedroom layout with a built-in robe to one bedroom. A spacious lounge room creates a welcoming living space and is complemented by split system air conditioning. The renovated kitchen/dining area provide a practical setting for daily living, while the bathroom with vanity and separate laundry contribute to the unit's functionality. The garage under the main roof offers secure parking, and an enclosed rear courtyard provides a private and easy-care outdoor space.
Currently leased for $295 per week lease expiring 14/09/2026
UNIT 3
The largest of the three residences, Unit 3 offers a versatile three-bedroom floorplan, with two bedrooms featuring built-in robes. The spacious renovated kitchen flows seamlessly into the open-plan lounge area, creating a connected and inviting living space that appeals to a broad range of occupants. A separate bathroom and laundry enhance practicality, while a single carport positioned alongside the unit provides sheltered off-street parking. The enclosed rear courtyard continues the low-maintenance theme, offering privacy and outdoor enjoyment without extensive upkeep.
Currently leased for $295 per week increasing to $320 per week 19/07/2026
Collectively, the three units present a solid and attractive investment, combining durable construction with practical layouts and low-maintenance living across the entire property.
THE KEY LOCATION
Positioned within an established residential area of Mount Gambier, the property enjoys convenient access to shopping facilities, schools, healthcare services and everyday amenities. Its accessible location supports ongoing tenant demand while providing easy connectivity throughout the city.
BEYOND THE DOOR
Investment opportunities offering three separate dwellings on one allotment are becoming increasingly difficult to secure. Whether expanding an existing portfolio or acquiring a multi-income asset, this property delivers flexibility, stability and long-term appeal. With private courtyards, practical floorplans and solid brick and tile construction throughout, it represents an outstanding opportunity to secure a versatile addition to any investment portfolio.
EXTRA INFORMATION
Council Rates / $1,440.00 p/a approx
Emergency Services Levy / $484.14 p/a
SA Water Supply Charge / $82.30 p/qtr
SA Water Sewerage Charge / $116.28 p/qtr
Combined Rental Income / $910 p/w
Water Softener Maintenance / $123.70 p/qtr
Lawn Maintenance / $45 (monthly in winter, fortnightly in summer)
Tree Trimming Pittosporums Headges / $435 every 6 months
Land Size / 743m2
Build Year / 1976
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.
- Type
- Block Of Units
- Bedrooms
- 7
- Bathrooms
- 3
- Parkings
- 3
- Area
- 743 m²
