7 Carthew Street, Mount Gambier, SA 5290-Image

For Sale

7 Carthew Street, Mount Gambier, SA 5290

Elders Real Estate - Mount Gambier (RLA62833)

7 Carthew Street, Mount Gambier, SA 5290

$599,000 - $609,000

House

Type

Bedrooms

Bathrooms

Last updated on Thursday, June 11, 2026 ( See property details for 7 Carthew Street, Mount Gambier, SA 5290)

$599,000 - $609,000

Sarah Barney - Real Estate Agent - Elders Real Estate - Mount Gambier (RLA62833)

Sarah Barney Residential Sales Representative

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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, fully furnished investment property with dual-living options, strong rental income, and flexible lease arrangements in a prime Mount Gambier location.

🏡 Property Highlights

Multiple established income streams from main residence and granny flat
Recently renovated self-contained granny flat with kitchen and bathroom
Fully furnished with walk-in, walk-out inclusions for immediate rental
Current tenants in place with flexible lease terms of 3 and 6 months
Strong gross rental yield of approximately 8.28% at $609,000
Positioned in a convenient, established location close to schools and shopping

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Garage / Secure Parking
Waterfront / Views
Home Office / Study
Ceiling Fans
Security Screens / Gates
Fly Screens
Extra Storage (Shed/Linen)

Suburb and Property Insights of Mount Gambier, SA 5290

Mount Gambier offers a vibrant community with excellent amenities, including schools, shopping centres, and recreational facilities. The area benefits from strong rental demand, low vacancy rates, and a strategic location for both investors and future homeowners. Its established infrastructure and scenic surroundings make it an attractive place to live and invest. The suburb's convenient access to transport links and local services enhances its appeal for tenants and owners alike.

Frequently Asked Questions

What is the current condition of the property and its renovations?

The property has been recently renovated, including the self-contained granny flat, with updated interiors and modern amenities, ensuring a move-in ready condition.

What are the lease terms and rental income details?

The property is currently leased with flexible 3-month and 6-month lease agreements, generating a total weekly income of $970, with existing tenants in place.

Is the property furnished and ready for immediate rental?

Yes, the property is fully furnished, including beds, linen, desks, televisions, towels, and kitchen appliances, allowing for a walk-in, walk-out investment.

What are the future investment prospects and potential returns?

With a gross rental yield of approximately 8.28%, the property offers strong cash flow potential and long-term growth in a sought-after regional location.

Are there any restrictions or upcoming developments in the area?

Please consult local council planning and zoning regulations for any restrictions or future development plans that may impact the property.

What to ask about this property to agent?

Are there any hidden costs or ongoing maintenance expenses associated with the property? Has the property been inspected for structural issues or pests? Are there any zoning restrictions or easements affecting the property? What are the strata or body corporate fees, if applicable? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction nearby that could affect the property? What are the terms and conditions of the current lease agreements? Are there any outstanding council or utility bills associated with the property? Has the property been compliant with all building and safety regulations? What is the history of the property's occupancy and rental performance?

7 Carthew Street, Mount Gambier, SA 5290 - More Details

$599,000 - $609,000

Type: House
Bedrooms: 4
Bathrooms: 2

7 Carthew Street, Mount Gambier, SA 5290 - Point Of Interest

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Your Commute at a Glance: 7 Carthew Street, Mount Gambier, SA 5290

Email Enquiry To Elders Real Estate - Mount Gambier (RLA62833)

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Sarah Barney

7 Carthew Street, Mount Gambier, SA 5290

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