Sold

46 James Street,
Mount Gambier 5290, South Australia

470m² land size
77m² building size
Retail

Price withheld


Property details

Fantastic commercial opportunity within an original stone cottage in central Mount Gambier

EXPRESSIONS OF INTEREST BY FRIDAY 12PM 18TH OCTOBER 2024 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 46 James Street, Mount Gambier, for sale.

This centrally located two-bedroom home has been utilised as a business premises in Mount Gambier and is currently empty. It is ready to be renovated and brought to life with invigorating enthusiasm by the right investor. The property compromises multiple office spaces and a central reception area. It has a kitchen and a bathroom at the rear, providing the exciting opportunity for creating fabulous luxury accommodation or Airbnb/holiday let income. The property has the potential for renovation as a salon, café, studio, health and wellbeing service, yoga and Pilates space.

The generous proportions make this property an ideal investment for business opportunists, with the location ideal for any imaginative venture.

Entry to the property is directly off James Street, with a long car park area that extends back to Commercial Street. It has a large, covered verandah with period stone pillars and multiple chimneys, adding charm. The area at the rear of the property is significant, offering an opportunity for additional spaces, outbuildings, and development (STCA). The property sits directly opposite Cheap As Chips and AXIS Employment, which offer extensive car parking and attract shoppers to the area.

Originally built as a cottage, the property is full of character. High ceilings, timber windows, and leadlight door frames give it a lustrous appeal that is advantageous to buyers looking to capitalise on the combination of history, location, and a solid foundation. It retains carpets, some cabinetry, and storage, including kitchen cabinets, lighting, and window coverings. The bathroom is tiled, offers an existing sink, and is ready for a full renovation.

The property has a generous carpark, ensuring visitors and guests are catered for. There is potential to expand the space to offer even more to the community.

This is a unique commercial opportunity. Turn a blank canvas into a work of art and bring your services to the Limestone Coast with transport links, amenities and tourist attractions on your doorstep. The Railway Lands walking track, Wulanda Recreation Centre, The Cave Gardens and lovely parks and playgrounds surround the area, ensuring plenty of foot traffic and customers in the vicinity.

Realise your vision of owning and running a dream business by transforming this spacious central building and restoring its lustre. This is an opportunity not to be missed. Contact Tahlia and the Ray White Mt Gambier team to learn more and start planning your project. RLA 291953

Additional Property Information:
Age/ Built: 1900 Approx.
Land Size: 470m2
Council Rates: Approx. $592.40 per quarter.
Rental Appraisal: A rental appraisal has been conducted for the property if this is of interest to you we can discuss it and provide further information.

Explore the area


School catchments

  • Reidy Park Primary School Primary R-6 Government 0.82km
  • Mount Gambier North Primary School Primary R-6 Government 1.2km
  • McDonald Park School Primary R-6 Government 1.6km
  • Tenison Woods College Combined R-12 Catholic 1.8km
  • St Martins Lutheran College Combined R-12 Independent 2.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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