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Back 1 - 4/40 Kurrajong Street
Off Market

1 - 4/40 Kurrajong Street

Mount Gambier SA 5290

8
4
4
698 m²
Block of units
Last sold for $870,000
Ben JeffreyBen Jeffrey, last sold this property on 11 September 2025 after 41 days on market.

Overview

Highest & Final Offers Wed 13/8/25 at 1.00pm

• Due to strong interest and multiple offers we are calling for final offers • 4 community strata title units to be sold as a whole • A variety of updates completed throughout all units • Consisting of open kitchen/living areas – all with reverse cycle split system • 2 large bedrooms in each unit – updated carpets, flooring & paintwork • Separate bathroom & laundry per unit. Shower, toilet & vanity • Allocated parking space & under cover parking, updated power board & hot water service • Popular location, close to city centre, schools, parklands • All leased with quality tenants – majority of long term leases • Great rental yield & rare opportunity to purchase as a whole Land size: approx. 698m2 Council rates: approx. $6,096.92 per annum Council: City of Mount Gambier Zoning: SN - Suburban Neighbourhood SA Water Sewer Charge: approx. $1,504 per annum Emergency Services Levy: Approx. $297.00 per annum Built Year: 1972 Rental Information: Unit 1 Leased at $270 p/w, Unit 2 Leased at $260 p/w, Unit 3 Leased at $260 p/w, Unit 4 Leased at $260 p/w

Features

8 bedrooms
4 bathrooms
4 carspaces
2 carport spaces
2 open car spaces
698 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 - 4/40 Kurrajong Street

2025
Sold
$870,000
Private Sale/Treaty on 11 Sep 2025 by Ben Jeffrey, of Gebhardt & Associates

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 - 4/40 Kurrajong 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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Kim Cawthorne

Sellers who recommend Kim Cawthorne have praised them for being local expert, clear communication, supportive, responsive, friendly, stress-free process and dedicated

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Leearna Roberts

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Brenton Leggett

Brenton Leggett is a recommended agent for Mount Gambier.  They have 12 local sales and collected 3 local reviews across the last 12 months.

  •   5   (5 reviews)
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