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5 Phillip Street,
Mount Gambier 5290, South Australia
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Solid Investment on Corner Allotment
Solidly positioned on a sizeable corner allotment close to the Mount Gambier Hospital, UniSA and TAFE campuses along with nearby childcare and primary schooling facilities - all still only a short distance from the CBD and retail shopping at the Marketplace. 5 Phillip Street in Mount Gambier offers an outstanding blend of position and affordability and is a great opportunity to get into the market or add to an already established portfolio.
With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan.
The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill.
Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard.
Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking.
Services to the property include town water, sewer and gas supply, with a water softener also installed.
Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today.
Additional Property Information:
Approx Property Age: 1952
Land Size: 850sqm
Council Rates: $408 per quarter
Water Rates: $176 per quarter
Rental Appraisal: An updated rental appraisal has been conducted for approximately $420 to $440 per week.
RLA - 291953
With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan.
The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill.
Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard.
Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking.
Services to the property include town water, sewer and gas supply, with a water softener also installed.
Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today.
Additional Property Information:
Approx Property Age: 1952
Land Size: 850sqm
Council Rates: $408 per quarter
Water Rates: $176 per quarter
Rental Appraisal: An updated rental appraisal has been conducted for approximately $420 to $440 per week.
RLA - 291953
Explore the area
School catchments
- Mount Gambier North Primary School Primary R-6 Government 0.63km
- OneSchool Global SA - Mount Gambier Campus Combined Independent 1.6km
- Mulga Street Primary School Primary R-6 Government 1.8km
- St Martins Lutheran College Combined R-12 Independent 1.8km
- McDonald Park School Primary R-6 Government 1.9km
- Suttontown Primary School Primary R-6 Government 1.9km
- Mount Gambier High School Secondary 7-12 Government 2.0km
- Reidy Park Primary School Primary R-6 Government 2.6km
- Tenison Woods College Combined R-12 Catholic 2.8km
- Melaleuca Park Primary School Primary R-6 Government 3.4km
- Grant High School Secondary 7-12 Government 4.1km
- Compton Primary School Primary R-6 Government 4.7km
- Mil Lel Primary School Primary R-6 Government 5.3km
- Moorak Primary School Primary R-6 Government 6.9km
- Glenburnie Primary School Primary R-6 Government 8.0km
- Yahl Primary School Primary R-6 Government 8.7km
- Kongorong Primary School Primary R-6 Government 21.7km
- Allendale East Area School Combined R-12 Government 22.1km
- Millicent High School Secondary 7-12 Government 44.5km
- Penola High School Secondary 7-12 Government 49.1km
- Casterton Secondary College Secondary 7-12 Government 58.9km
- Kangaroo Inn Area School Combined R-12 Government 70.8km
- Heywood District Secondary College Secondary 7-12 Government 81.7km
- Bayview College Secondary 7-12 Independent 93.5km
- Portland Secondary College Secondary 7-12 Government 93.7km
- Portland Secondary College-Victoria Parade Campus Secondary Government 93.8km
- Sunrise Christian School Naracoorte Combined R-9 Independent 94.4km
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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Contact Alistair Coonan
Contact Alistair Coonan
Alistair Coonan
5 Phillip Street, Mount Gambier SA 5290
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Alistair Coonan
5 Phillip Street, Mount Gambier SA 5290