2 Megan Place, Mount Gambier, SA 5290

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House
Type
3
Bedrooms
2
Bathrooms
1
Parkings
298 m²
Area

Last updated on Tuesday, July 28, 2026 ( See property details for 2 Megan Place, 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 modern, fully furnished three-bedroom townhouse in Mount Gambier offering exceptional convenience, privacy, and investment potential.

🏡 Property Highlights

  • Fully furnished modern townhouse with high rental yield potential
  • Prime location within walking distance to Mount Gambier Marketplace and Hospital
  • Light-filled open-plan living with high-gloss tiled floors and modern amenities
  • Private, sheltered rear courtyard ideal for outdoor relaxation
  • Smart layout with bedrooms isolated for privacy and comfort
  • Versatile property suitable for first-home buyers, downsizers, or investors

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Mount Gambier is a vibrant regional city renowned for its stunning natural landmarks like Blue Lake and crater lakes. The area offers a relaxed lifestyle with excellent local amenities, including schools, shops, and cafés. Its growing community and scenic surroundings make it an ideal place for families, professionals, and investors seeking a balanced country-meets-city environment.

Is the property suitable for short-term holiday rentals?
Yes, the property has a proven track record as approved short stay accommodation, making it suitable for holiday rental streams.
What are the ongoing costs associated with this property?
The approximate quarterly council rates are $535, and the strata fees are around $845 annually.
Is the property fully furnished and move-in ready?
Yes, the property is fully furnished and ready for immediate occupancy or rental.
Are there any restrictions on the use of the property?
The property is located in a developing residential area with no known restrictions; however, it is advisable to confirm any specific zoning or planning regulations.
What is the current rental income and potential?
The property is currently tenanted for $470 per week, with an updated rental appraisal indicating potential income of approximately $500 to $520 per week.
Are there any upcoming or planned developments in the area that could affect the property's value or livability? Has the property been inspected for any structural issues or defects, especially given its age of 2009? Are there any easements, zoning restrictions, or covenants that could impact future renovations or use? Is the property located in a flood or bushfire-prone zone, and what mitigation measures are in place? Are there any additional costs or fees not disclosed, such as special levies or maintenance charges?

2 Megan Place, Mount Gambier, SA 5290 - More Details

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Make an offer on this property: https://portal.reaforms.com.au/purchaser/2-megan-place-mount-gambier-sa-5290-efvgw79uf6hvf2vh67226ftvi

The snapshot:

This superior, fully furnished three-bedroom modern townhouse in Mount Gambier offers unmatched convenience near the marketplace and hospital. Featuring a light-filled, open-plan living area, a gourmet kitchen, and a private sheltered patio, the smart layout isolates bedrooms for ultimate privacy. Complete with a master ensuite, spa bathroom, and garage, it's a lucrative, turnkey find.

The location:

Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier CBD - 5 min (2.7km)
Blue Lake - 9 min (4.7km)
Mount Gambier Hospital - 4 min (1.6km)

The home:

Tucked away in a quiet, developing residential pocket just behind the main roads, this superior three bedroom modern townhouse offers the perfect mix of privacy, neighborhood warmth, and unmatched convenience.

Superbly positioned within walking distance of the Mount Gambier Marketplace and the Hospital, it presents a stellar opportunity for first-home buyers, downsizers, or astute investors looking to secure a premium asset in a highly sought-after locale.

From the street, the property immediately impresses with its crisp, modern white façade, clean architectural lines, and a neat, low-maintenance front yard.

Its versatile track record as approved short stay accommodation means you can immediately tap into lucrative holiday rental streams, secure a long-term tenant, or pack your bags and move into a fully equipped home.

Step through the modern front entry into a bright, welcoming living area where high-gloss tiled floors underfoot and cool white walls amplify the space.

Downlights and expansive front windows draw in beautiful natural light, complemented by a large, newly fitted reverse-cycle air conditioner to keep the entire central hub comfortable all year round.

Directly integrated into the living zone is the gourmet kitchen with its sleek, dark espresso cabinetry offset by clean white benchtops. It features a functional central island breakfast bar hosting a double sink and casual seating, along with premium stainless steel appliances including a gas cooktop, oven and rangehood.

Immediately adjacent, the dining area transitions seamlessly through wide glass sliding doors out to the private rear patio. Fully paved and sheltered, this courtyard features a built-in timber retaining wall and offers a secure, completely enclosed sanctuary.

The layout is exceptionally smart, isolating the bedrooms away from the central living area to guarantee quiet and privacy.

The front facing master bedroom serves as a peaceful retreat, boasting generous built-in robes and a private ensuite beautifully finished in soft, neutral porcelain tones with a large glass shower, toilet, and modern vanity.

On the opposite side of the floor plan, a second well sized double bedroom features built-in robes and sits right next to the family bathroom.

Pristine and minimalist, the family bathroom is complete with a corner spa bath, a separate glass shower recess, a wide vanity, and an adjacent independent toilet for effortless household convenience.

Positioned near the back of the home, the flexible third bedroom sits quietly behind the spacious internal laundry, which offers extensive linen storage and direct external access.

Finally, a massive undercover garage with a secure roller door provides ample vehicle parking and additional workspace storage, rounded out by secure driveway access at the front of the house.

With every detail carefully curated this property is an exceptional high-yield find.

Age/ Built: 2009
Land Size: 298sqm
Council Rates: Approx $535 per quarter
Strata Information: Approx $845 per annum
Rental Appraisal: This property is currently tenanted for $470 per week until 11/01/2027. We have conducted an updated rental appraisal for approximately $500 to $520 per week. An AirBNB appraisal has been completed for minimum $250 per night plus cleaning.
RLA 291953
Type
House
Bedrooms
3
Bathrooms
2
Parkings
1
Area
298 m²

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