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A RARE DUAL-INCOME OPPORTUNITY For Sale
A RARE DUAL-INCOME OPPORTUNITY A RARE DUAL-INCOME OPPORTUNITY

59 Burcham Street, Mount Gambier, SA, 5290

A RARE DUAL-INCOME OPPORTUNITY

Duplex
Type
6
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Monday, March 23, 2026 ( See property details for 59 Burcham Street, Mount Gambier, SA, 5290)

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire two durable limestone duplexes on a generous block in Mount Gambier, offering dual income and future renovation potential.

🏡 Property Highlights

  • Dual solid limestone duplexes on one title for dual income potential
  • Prime location in Mount Gambier, close to hospital and CBD
  • Constructed for longevity with low-maintenance materials
  • Generous 1,163m² land size offering scope for value-add improvements
  • Currently leased with strong rental income and long-term tenants
  • Potential for cosmetic upgrades to increase rental yield

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • Extra Storage (Shed/Linen)

Mount Gambier is a thriving regional centre known for its strong community, excellent healthcare facilities, and vibrant CBD. The suburb offers excellent walkability, diverse amenities, and a stable rental market, making it an ideal location for investors seeking long-term growth and consistent income. Its strategic position ensures easy access to essential services and regional attractions, enhancing its appeal for tenants and owners alike.

What is the current rental income and lease duration for each duplex?
The property is currently leased at $330 per week until 30/03/2027 for 59 Burcham Street and $350 per week until 11/01/2027 for 61 Burcham Street.
Are there any recent or upcoming renovations planned for the property?
There are no known renovations scheduled; however, cosmetic upgrades such as flooring, paint, or kitchen improvements could enhance rental returns.
What are the zoning and development restrictions for this property?
The property is zoned as Suburban Neighbourhood, which generally allows for residential use and potential future development subject to council approval.
Is there potential for further development or subdivision on this land?
Given the land size of 1,163m² and zoning, there may be potential for development or subdivision, subject to council regulations and approvals.
What are the ongoing council and water rates?
Annual council rates are approximately $1,446.84 per property, with additional charges for emergency services, water supply, and sewerage, totaling around $2,045 annually.
Are there any easements, covenants, or zoning restrictions that could affect future development or renovations? Has the property experienced any history of flooding, bushfire risk, or other environmental hazards? Are there any planned infrastructure projects or nearby developments that could impact the property’s value or living conditions? What are the total costs involved in potential upgrades or renovations beyond the purchase price? Is there any strata or body corporate management applicable to this property, and what are the associated fees and responsibilities?

59 Burcham Street, Mount Gambier, SA, 5290 - More Details

A RARE DUAL-INCOME OPPORTUNITY

Type
Duplex
Bedrooms
6
Bathrooms
2
Parkings
2

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