2 Megan Place, Mount Gambier, SA 5290

$539,000 - $589,000

House
Type
3
Bedrooms
2
Bathrooms
1
Parkings
298 mΒ²
Area

Published on Thursday, July 09, 2026 ( See property details for 2 Megan Place, Mount Gambier, SA 5290)

$539,000 - $589,000

  • 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)
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2 Megan Place
Mount Gambier, SA 5290
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Vertical aerial view β€” 2 Megan Place
2 Megan Place — Vertical Aerial  •  Mount Gambier, SA 5290  •  Nearmap © 2026

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 cafΓ©s. 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

$539,000 - $589,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
1
Area
298 mΒ²

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