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3 & 4/9 Francis Street, Mount Gambier, SA 5290 For Sale
3 & 4/9 Francis Street, Mount Gambier, SA 5290 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Image 3 & 4/9 Francis Street, Mount Gambier, SA 5290-Floorplan

3 & 4/9 Francis Street, Mount Gambier, SA 5290

$575,000

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Friday, July 24, 2026 ( See property details for 3 & 4/9 Francis Street, Mount Gambier, SA 5290)

$575,000

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

Secure a low-maintenance, centrally located investment with reliable tenants in Mount Gambier's sought-after neighbourhoods.

🏡 Property Highlights

  • Two separately titled investment units in a prime central location
  • Currently leased with reliable rental income until 2027
  • Well-maintained group of units with practical, low-maintenance layouts
  • Close to Mount Gambier CBD, amenities, and attractions
  • Modernised bathrooms and functional kitchens in both units
  • Private paved courtyards providing easy outdoor living

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Low-Maintenance Yard
  • Internal Laundry
  • Ensuite
  • Balcony

Mount Gambier offers a vibrant community with excellent amenities, including shopping, dining, and medical facilities. Its proximity to natural attractions like the Blue Lake and Crater Lakes makes it ideal for outdoor enthusiasts. The suburb boasts a strong rental market, making it a highly desirable location for investors. Convenient public transport and walkable streets enhance daily living. The area combines natural beauty with urban convenience, appealing to a wide range of residents and tenants.

What is the current rental yield for these units?
The current rental income for Unit 3 is $280 per week, and for Unit 4 is $220 per week, providing a solid return based on the purchase prices.
Are there any upcoming developments or zoning changes in the area?
The properties are located within the Established Neighbourhood zone, with no known upcoming developments that would impact the current use or value.
What are the ongoing costs associated with owning these units?
Ongoing costs include council rates approximately $346 per quarter, water supply about $82.30 per quarter, sewerage about $94 per quarter, and strata title insurance around $391 per quarter.
Are pets allowed in these units?
The property details do not specify pet restrictions; please confirm with the managing agent regarding pet policies.
What is the condition of the bathrooms and kitchens?
Both units feature modernised bathrooms and functional kitchens, ensuring contemporary comfort and ease of maintenance.
Are there any hidden costs or special levies associated with the strata title? Have the units been inspected recently for any structural or pest issues? Are there any restrictions on future renovations or modifications? Is there any history of flooding or bushfire risk in this area? Are there any planned developments nearby that could affect the property's value or enjoyment?

3 & 4/9 Francis Street, Mount Gambier, SA 5290 - More Details

$575,000

Jason Malseed from Malseeds Real Estate is pleased to present Units 3 & 4, 9 Francis Street, Mount Gambier, offering two separately titled investment opportunities in one of the city's most convenient locations.

Positioned within a well maintained group of units, both properties offer practical layouts designed for comfortable, low maintenance living. Each unit features a functional kitchen adjoining the living area, complete with a split system air conditioner for year round comfort. The bathrooms have been modernised, while private paved courtyards provide an easy-care outdoor space to enjoy.

Unit 3 comprises two generous bedrooms, one bathroom and one off street car space. Currently leased at $280 per week until March 2027, it presents an excellent opportunity for investors seeking an immediate rental return.

Unit 4 offers one bedroom, one bathroom and one off street car space. Currently leased at $220 per week until August 2027, this unit provides a secure tenancy and a low maintenance investment in a highly sought after location.

Ideally positioned within easy walking distance of the Mount Gambier CBD, both units enjoy convenient access to supermarkets, cafés, restaurants, medical facilities, schools and public transport. The Blue Lake, Crater Lakes precinct and many of the Limestone Coast's attractions are also only a short drive away.

Whether you're looking to purchase one or both units, this is a rare opportunity to secure quality investment properties in a tightly held central location with reliable rental income already in place.

- Unit 3 Particulars -
Price: $340,000
Bedrooms: 2 Bathrooms: 1 Car Spaces: 1 off street car space
Currently Leased: $280 per week until March 2027
CT: Volume 6188 Folio 83
Council: City of Mount Gambier
Zoning: Established Neighbourhood
Council Rates: Approximately $346 p/q
Water Supply: Approximately $82.30 p/q
Sewerage Supply: Approximately $94.00 p/q
Strata Title Insurance: Approximately $391 p/q

- Unit 4 Particulars -
Price: $235,000
Bedrooms: 1 Bathrooms: 1 Car Spaces: 1 off-street car space
Currently Leased: $220 per week until August 2027
CT: Volume 6188 Folio 84
Council: City of Mount Gambier
Zoning: Established Neighbourhood
Council Rates: Approximately $346 p/q
Water Supply: Approximately $82.30p/q
Sewerage Supply: Approximately $94.00 p/q
Strata Title Insurance: Approximately $391 p/q

Unit 5 (2 bedroom) is also currently available for sale, please contact if you wish to know further information.

Property Management: We would be pleased to discuss our property management services we can offer.

Disclaimer: The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee the accuracy of this information and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice.

Malseeds Real Estate | RLA115603
Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2

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