59 - 61 Burcham Street, Mount Gambier, SA 5290

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Duplex/Semi-detached
Type
6
Bedrooms
2
Bathrooms
2
Parkings
1,163 m²
Area

Last updated on Tuesday, June 16, 2026 ( See property details for 59 - 61 Burcham Street, Mount Gambier, SA 5290)

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

A rare dual duplex investment in Mount Gambier offering solid construction, long-term tenants, and excellent rental potential on a spacious 1,163m² block.

🏡 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-adds
  • 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
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Mount Gambier is a thriving regional centre renowned for its strong community, excellent amenities, and strategic location. Key highlights include proximity to healthcare facilities, a vibrant CBD, and a welcoming neighbourhood atmosphere. The area offers excellent rental demand, diverse amenities, and ongoing growth opportunities, making it ideal for investors seeking stability and long-term capital appreciation.

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.
What potential upgrades could increase rental yield?
Cosmetic improvements such as refreshed flooring, modern paintwork, or kitchen upgrades could significantly enhance rental appeal and yield.
Are there any zoning or planning restrictions affecting the property?
The property is zoned as Suburban Neighbourhood, which generally allows for residential use and potential future development subject to council approval.
What are the ongoing council and water rates?
Annual council rates are approximately $1,446.84 per property, with additional charges for emergency services levy, water supply, and sewerage.
Is there scope for further development or subdivision?
Given the large land size of 1,163m² and zoning, there may be potential for development or subdivision, subject to council approval and planning regulations.
Are there any existing easements, covenants, or zoning restrictions that could impact future development or renovations? Have there been any recent or upcoming planning or construction activities nearby that could affect the property? Are there any known structural issues or defects with the limestone construction? What are the total ongoing costs, including council rates, water charges, and maintenance? Is the property compliant with all local building codes and safety regulations? Are there any strata or body corporate fees applicable to this property? What is the history of the property's occupancy and rental performance? Are there any flood or bushfire risks associated with the location? Are there any restrictions on pet ownership or outdoor modifications? What are the terms of the current leases, and are there any upcoming lease expirations or rent reviews?

59 - 61 Burcham Street, Mount Gambier, SA 5290 - More Details

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Type
Duplex/Semi-detached
Bedrooms
6
Bathrooms
2
Parkings
2
Area
1,163 m²

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