5/184 Commercial Street

Off Market

5/184 Commercial Street

Mount Gambier SA 5290

69 m²

House

Last sold for $170,000

Tahlia Gabrielli, last sold this property on 06 February 2023 after 60 days on market.

Overview

Comfortable two-bed apartment in central Mount Gambier

Ray White Mt Gambier is pleased to present unit 5/184 Commercial Street East, Mount Gambier, for sale. This two-bedroom brick unit sits on the second floor within the apartment block and offers one private car space. The location is ideal for a single or couple working or studying in the town centre. It is close to supermarkets, cafes and restaurants and has public transport access close by. Entry to the property is via the rear of the home, which opens into the laundry-the laundry benefits from a linen press and built-in wash trough. The bathroom sits adjacent at the back and offers a shower, a toilet and a vanity with storage. It has original floors and updated tiles and cabinets in white with modern silver fittings. An open-plan kitchen and living room face the front of the property, with large windows providing lots of natural light. The living room is carpeted for comfort and is separated from the linoleum floor kitchen by a functional breakfast bar. The kitchen benefits from a versatile design with abundant storage, a single sink and a freestanding electric oven and cooktop. A private balcony is accessed from the loungeroom and extends in front of the main bedroom, which offers built-in robes. Both bedrooms are carpeted for comfort and have a neutral colour scheme. An updated rental appraisal of the property has been conducted at approximately $190 - $210 per week. This is an ideal investment property with rental income potential. There is an opportunity to update this space to create modern living for professionals or students. Contact Tahlia and the team at Ray White Mt Gambier to learn more about the benefits of this location and to book a viewing. Additional Property Information: Age/ Built: Approx. 1973 Land Size: Approx. 69m2 Council Rates: Approx. $281 Per Quarter Strata Rates: Approx $188 Per Quarter Rental Appraisal: A rental appraisal has been conducted of approximately $190 to $210 per week.

Features

2 bedrooms

1 bathroom

1 carspace

69 m² floor area

House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 5/184 Commercial Street is $433.75k.

Median value

$433.75k

Estimated value range

$175k - $595k

Median days on market

Estimated value trend

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 5/184 Commercial Street

2023

Sold

$170,000

Private Sale/Treaty on 06 Feb 2023 by Tahlia Gabrielli, of Ray White Mount Gambier

Happy sellers in Mount Gambier

90%

90% 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 14 reviews in Mount Gambier over the last 12 months.

Local market activity for 2 bedroom houses in Mount Gambier

In the last 12 months, 24 two-bedroom houses similar to 5/184 Commercial Street, have been sold.

This represents a 49% increase in two-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mount Gambier for a free market appraisal.

Kim Cawthorne

at @realty - SA

4.9

(213 reviews)

Get a free market appraisal

Gabby Ogilvie

at Complete Real Estate

4.9

(11 reviews)

Get a free market appraisal

Tahlia Gabrielli

at Ray White Mount Gambier

(50 reviews)

Get a free market appraisal

Nathan Hayward

at Complete Real Estate

(3 reviews)

Get a free market appraisal

Nearby agents

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

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)
6 Reviews in Mount Gambier
5 Sales in Mount Gambier

View profile

Gabby Ogilvie

Sellers who recommend Gabby Ogilvie have praised them for being clear communication

4.9 (11 reviews)
5 Reviews in Mount Gambier
7 Sales in Mount Gambier

View profile

Tahlia Gabrielli

Tahlia Gabrielli is an award winning recommended agent for Mount Gambier. They have 75 local sales and collected 3 local reviews across the last 12 months.