Back 329 Commercial Street West
Off Market

329 Commercial Street West

Mount Gambier SA 5290

3
1
4
1012 m²
House
Al LamondAl Lamond, last sold this property on 23 September 2024 after 68 days on market.

Overview

INVESTOR ALERT - EMPLOYMENT ZONED PROPERTY OFFERING MULTIPLE INCOMES

Hard to find mixed use property in a highly visible location on Commercial Street West, Mount Gambier, perfect for the home based business. Zoned Employment allowing multiple businesses an opportunity to be established on a high profile site (S.T.P.C.) This property consists of a 3 bedroom home, plus a huge (approx.) 18m x 8m x 4m opening shed, on a 1012m allotment. The property is fenced into two areas offering separate house and shed yards. The high clearance 4 bay shed, offers excellent lighting, office, loft, toilet, wash basin and 3 phase power with a separate meter. This area is ready for a mechanical workshop, with the 2 post hoists & some equipment, offered with the sale of the property. Mechanical workshop only rent approx $400pw. Call Al Lamond today, to discuss this amazing opportunity. Extra Information: Council Rates - House / $364.00 p/quarter Council Rates - Shed / $414.00 p/quarter SA Water Supply Charge / $265.72 p/quarter Independent Rental Appraisal - House / $380.00 - $400.00 p/week Build Year / 1963 Land Size / 1012 m2 Council / City of Mount Gambier Zoning / Suburban Neighbourhood Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Features

3 bedrooms
1 bathroom
4 carspaces
1012 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 329 Commercial Street West is $550k.

Median value
$550k
Estimated value range
$285k - $1.04m
Median days on market
37
Estimated value trend
13%
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 329 Commercial Street West

2024
Sold
Undisclosed
Private Sale/Treaty on 23 Sep 2024 by Al Lamond, of Key 2 Sale

Happy sellers in Mount Gambier

93%
93% 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 18 reviews in Mount Gambier over the last 12 months.

Local market activity for 3 bedroom houses in Mount Gambier

In the last 12 months, 206 three-bedroom houses similar to 329 Commercial Street West, have been sold.

This represents a 31% increase in three-bedroom houses sales when compared to the previous 12 months.

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