For Sale

5 Keegan Street, Mount Gambier, SA 5290-Image

5 Keegan Street, Mount Gambier, SA 5290

$550,000 - $580,000

House

Type

Bedrooms

Bathrooms

Parkings

Published on Thursday, June 11, 2026 ( See property details for 5 Keegan Street, Mount Gambier, SA 5290)

$550,000 - $580,000

Sara McManus - Real Estate Agent - Key 2 Sale (RLA 282450) - MOUNT GAMBIER

Sara McManus Sales Consultant

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AI Property Insight

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

A versatile 3-bedroom house on a large 1060m2 block in Mount Gambier's vibrant city centre, offering redevelopment potential and rental income.

🏡 Property Highlights

Prime city centre location within walking distance to Mount Gambier's CBD, cafes, and restaurants.
Potential for small-scale development with existing residence and side access to rear land.
Generous land size of approximately 1060m2, ideal for redevelopment or renovation.
Existing dwelling with 3 bedrooms, a lounge, and a compact kitchen, offering rental income potential.
Additional shedding on site with concrete flooring and power, suitable for storage or workshop.
Leased property generating $410 per week until April 2027, providing immediate income.

✨ Key Features

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

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5 Keegan Street

Mount Gambier, SA 5290

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Suburb and Property Insights of Mount Gambier, SA 5290

Mount Gambier's city centre offers vibrant cafes, restaurants, and shopping, making it a highly desirable location for redevelopment. The area features excellent walkability, strong community amenities, and convenient access to services. Its strategic position ensures excellent future growth prospects, appealing to investors and developers alike. The suburb combines urban convenience with potential for modern living spaces. Close proximity to schools, parks, and transport links enhances its appeal for a diverse range of residents.

Frequently Asked Questions

What are the redevelopment options for this property?

The property offers potential for small-scale development, including building two new dwellings on the large land parcel, subject to council approval and zoning regulations.

Is the current house suitable for renovation?

Yes, the existing house can be renovated to improve its condition and value, providing an excellent opportunity for investors or owner-occupiers.

What is the rental income potential?

The property is currently leased for $410 per week, with an estimated rental range of $400-$430 per week, offering immediate income for investors.

Are there any planning restrictions or zoning considerations?

The property is zoned as Suburban Neighbourhood, which allows for redevelopment and small-scale development, subject to council approval.

What are the key features of the existing dwelling?

The house includes 3 bedrooms, a lounge, a compact kitchen with electric cooking, a functional bathroom with separate bath and shower, and an under-house garage.

What to ask about this property to agent?

Are there any hidden costs or upcoming council fees associated with redevelopment or renovation? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any restrictions or easements on the land that could impact development plans? Is there any ongoing or planned nearby construction that could affect the property’s value or livability? What are the zoning regulations and building approval requirements for building additional dwellings on this site?

5 Keegan Street, Mount Gambier, SA 5290 - More Details

$550,000 - $580,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 3

5 Keegan Street, Mount Gambier, SA 5290 - Point Of Interest

Locate Near By Places of 5 Keegan Street, Mount Gambier, SA 5290 On Map

Your Commute at a Glance: 5 Keegan Street, Mount Gambier, SA 5290

Email Enquiry To Key 2 Sale (RLA 282450) - MOUNT GAMBIER

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Sara McManus

5 Keegan Street, Mount Gambier, SA 5290

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