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Off Market

43-45 North Terrace

Mount Gambier SA 5290

503 m²
Land
Tahlia GabrielliTahlia Gabrielli, last sold this property on 10 December 2025 after 63 days on market.

Overview

Rare elevated inner city allotments

The snapshot: One of four rare, elevated CBD allotments recently established on North Terrace, this property offers sweeping city views, premium positioning and unrivalled flexibility. Individually or combined, these Torrens title allotments invite stylish family residences, luxury townhouses or a number of other development opportunities. Situated on the doorstep of the CBD and just a stones throw away from schools, cafe's, retail and sporting facilities - this opportunity ticks all the right boxes.. The location: Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm. Mount Gambier CBD - 3 min (1.6km) Blue Lake - 5 min (2.8km) Mount Gambier Hospital - 6 min (3.3km) The allotment: Position, scale and exclusivity unite on North Terrace, where four elevated inner city allotments (all Torrens titled) deliver a rare opportunity for owner-occupiers, investors or developers alike. Elevated above street level with sweeping city views and services in place, these blocks offer the perfect inner-city lifestyle with their close proximity to schools, sporting grounds, cafés and the vibrant retail heart of town. Each individual block offers a blank canvas for a statement home or boutique investment. With the flexibility to secure one allotment, a pair, or the complete collection of four titles, buyers can match ambition with scale. Offering the potential for properties to be configured as either single or double-storey detached dwellings, stylish metropolitan townhouses or quality low-maintenance duplexes (either as a personal residence or part of a blue-chip investment property portfolio), there is unrivalled flexibility whilst still retaining the peace of mind and freedoms that come with Torrens title. Allotments of this size and standard in such close proximity to the city-centre are few and far between. For those keen to move quickly, several local builders have prepared preliminary plans and estimates for quality single storey dwellings which can be customised to your desired specifications and needs. Demand for premium central properties continues to surge. This land release offers a combination of elevation, views, location, and flexibility. It is a unique foundation for those with vision to realise something special. Additional Property Information: Land Size: 503sqm Council Rates: Approx $450 per quarter RLA 291953

Features

503 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Mount Gambier over the last 12 months, the estimated median property value of 43-45 North Terrace is $169k.

Median value
$169k
Estimated value range
$72k - $230k
Median days on market
109
Estimated value trend
-16%
decrease 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 43-45 North Terrace

2025
Sold
Undisclosed
10 Dec 2025 by Tahlia Gabrielli, of Ray White 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 land plots in Mount Gambier

In the last 12 months, 14 land plots similar to 43-45 North Terrace, have been sold.

This represents a 25% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Gambier

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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

  •   4.9   (213 reviews)
  •  16 Reviews in Mount Gambier
  •  27 Sales in Mount Gambier
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Tahlia Gabrielli

Tahlia Gabrielli is an award winning recommended agent for Mount Gambier.  They have 82 local sales and collected 15 local reviews across the last 12 months.

  •   5   (44 reviews)
  •  15 Reviews in Mount Gambier
  •  82 Sales in Mount Gambier
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Leearna Roberts

Leearna Roberts is a recommended agent for Mount Gambier.  They have 21 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (13 reviews)
  •  4 Reviews in Mount Gambier
  •  21 Sales in Mount Gambier
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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)
  •  3 Reviews in Mount Gambier
  •  12 Sales in Mount Gambier
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