Back 1-4/2 Hartley Street
Off Market

1-4/2 Hartley Street

Mount Gambier SA 5290

8
4
2
780 m²
Block of units
Last sold for $678,000
Sarah BarneySarah Barney, last sold this property on 29 September 2025 after 12 days on market.

Overview

Outstanding Investment Opportunity Four Solid Units on One Title

Positioned in a tightly held pocket (current owner has owned for approx. 26 years) which is just moments from Mount Gambier's CBD, this unique offering of four limestone-built units presents a rare and rewarding opportunity for investors. Situated on a quiet no-through road lined with quality homes, the property combines location, strong rental potential, and long-term capital growth. Built in 1969 and held on a single title, each of the four units features a practical floor plan with two bedrooms and one bathroom. Two of the units have recently been refreshed, one remains in tidy original condition, and another has undergone a more substantial renovation offering a mix of character and modern appeal. All units are currently tenanted, with rents ranging from $200 to $250 per week. Market rent appraisals indicate strong upside, with estimates of increased rent appraisals on file for any interested investors. Whether you're looking to expand your portfolio or secure a low-maintenance asset with reliable returns, this is an exceptional chance to invest in one of Mount Gambier's most liveable and convenient locations. Opportunities like this are increasingly hard to find secure a standout investment in a high-demand rental market. Additional Information: Council City of Mount Gambier Council Rates Approx $1100 per unit per year Age Built 1969 Land Size Approx 780m2

Features

8 bedrooms
4 bathrooms
2 carspaces
780 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Mount Gambier over the last 12 months.

Property history for 1-4/2 Hartley Street

2025
Sold
$678,000
Private Sale/Treaty on 29 Sep 2025 by Sarah Barney, of Elders Mount Gambier

Happy sellers in Mount Gambier

84%
84% of sellers in Mount Gambier reported that their sale price either exceeded or met their price expectations.

Mount Gambier stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Mount Gambier over the last 12 months.

Local market activity for 8 bedroom block of units in Mount Gambier

In the last 12 months, 1 eight-bedroom block of units similar to 1-4/2 Hartley Street, have been sold.

This represents a 100% decrease in eight-bedroom block of units sales when compared to the previous 12 months.

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