1 DOWNER STREET, Mount Gambier, SA 5290

$320,000 - $340,000

Duplex/Semi-detached
Type
3
Bedrooms
1
Bathrooms
2
Parkings
754 m²
Area

Published on Wednesday, April 15, 2026 ( See property details for 1 DOWNER STREET, Mount Gambier, SA 5290)

$320,000 - $340,000

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

A well-positioned, low-maintenance duplex in Mount Gambier offering reliable income and future growth potential.

🏡 Property Highlights

  • Reliable long-term tenant in place until December 2026
  • Low-maintenance yard ideal for easy living
  • Versatile duplex with future flexibility
  • Convenient location close to schools, shops, and community facilities
  • Potential rental income increase to $320 per week
  • Solid investment opportunity with immediate returns

✨ Key Features

  • Air Conditioning
  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Shed
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • Open-Plan Living

Mount Gambier offers a vibrant community with excellent amenities, including schools, shopping centres, and recreational facilities. Its well-connected location ensures easy access to transport links and employment hubs. The area boasts a mix of historic charm and modern development, making it an attractive choice for families and investors alike. With a strong rental market and steady growth, Mount Gambier is an ideal location for long-term property investment.

What is the condition of the property and are there any recent renovations?
The property was built around 1950 and is well-maintained, with no recent renovations noted. It offers a solid, functional living space suitable for tenants and investors.
What are the ongoing costs associated with this property?
Annual council rates are approximately $1,324.26, with water supply charges around $82.30 per quarter and sewerage costs about $94.00 per quarter.
Is the current tenancy secure and what are the lease terms?
Yes, the property is currently tenanted until December 2026 at $300 per week, with the potential to renew the lease.
Are there any planning or zoning restrictions I should be aware of?
The property is zoned for residential use within Mount Gambier, with no specific restrictions noted. It offers future flexibility for potential development or modifications.
What is the rental potential and market demand in this area?
The current rental appraisal is $320 per week, reflecting strong demand for rental properties in Mount Gambier, making it a reliable investment.
Are there any upcoming planning or development projects in the area that could affect the property's value or livability? Are there any known issues with the property's structure, plumbing, or electrical systems? Is the property compliant with all local building codes and regulations? Are there any easements, covenants, or zoning restrictions that could limit future use or development? What are the potential costs for future repairs or upgrades needed for the property? Is there any history of flooding, bushfire risk, or other environmental hazards in this area? Are there any strata or community titles involved, and what are the associated fees or regulations? Are there any planned nearby construction activities that could cause noise or disruption? What are the terms and conditions of the current lease, and are there any rent increase restrictions? Are there any additional costs or fees not included in the current estimates that I should be aware of?

1 DOWNER STREET, Mount Gambier, SA 5290 - More Details

$320,000 - $340,000

Type
Duplex/Semi-detached
Bedrooms
3
Bathrooms
1
Parkings
2
Area
754 m²

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