Back 215 Commercial Street
Off Market

215 Commercial Street

Mount Gambier SA 5290

3
1
1
100 m²
821 m²
House
Last sold for $420,000
Bianca TaylorBianca Taylor, last sold this property on 08 September 2025 after 46 days on market.

Overview

Highest, Best & Final Offers by 1pm, Friday 1st August 2025

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 1pm, Friday 1st August 2025** Located on a substantial allotment of approximately 826m², this solid stone built home offers an outstanding opportunity in a desirable location. With flexible zoning and close proximity to the city's central amenities, this property is an ideal choice for homebuyers, investors, or those seeking future development potential (S.T.C.C.). Currently leased at $330 per week until 24/09/2025, the property provides immediate rental income with while you can plan for the future. Step inside to discover a warm lounge room, complete with carpet, a ceiling fan, day/night blinds, and the warmth of gas ducted heating creating a space for everyday living. A central hallway leads to a linen cupboard for convenient storage and two front facing bedrooms, both comfortably carpeted and fitted with day/night blinds plus the spacious master bedroom follows suit, providing a restful space. The central bathroom includes a shower over the bath and a vanity, while the laundry is equipped with a traditional trough and access to a separate toilet. Moving through to the updated kitchen with lino flooring and excellent cupboard storage. A sunroom at the back provides a light filled space that opens onto the expansive backyard. Outdoors, you'll find a covered pergola ideal for outdoor dining, along with a carport, garden shed, and a small wood shed, offering both practicality and extra storage. The large, flat allotment enhances the property's flexibility, whether you're considering extensions, lifestyle additions, or development down the track (S.T.C.C.). Adding even greater value, we have other opportunities available with an adjoining property creating the potential for expansion or larger-scale development in this desirable area (S.T.C.C.). Don't miss this rare chance to secure a versatile and well-located property with scope to grow. Contact us today for more information or to explore the wider potential available. Additional Information: Land Size: Approx 826m2 Building Size: Approx 100m2 Council Rates: Approx $387 per quarter Emergency Services Levy: Approx $81.85 per annum Water / Sewerage Rates: Approx $165 per quarter Age of Building: Approx. 1950 Rental Appraisal: $330 per week

Features

3 bedrooms
1 bathroom
1 carspace
100 m² floor area
821 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 215 Commercial Street is $531.03k.

Median value
$531.03k
Estimated value range
$285k - $1m
Median days on market
33
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gambier. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 215 Commercial Street

2025
Sold
$420,000
Private Sale/Treaty on 08 Sep 2025 by Bianca Taylor, of The Property Co. SA

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 3 bedroom houses in Mount Gambier

In the last 12 months, 240 three-bedroom houses similar to 215 Commercial Street, have been sold.

This represents a 11% increase in three-bedroom houses sales when compared to the previous 12 months.

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