Affordable Renovation Opportunity in Nangwarry, SA - Limestone Coast

Nestled within the peaceful township of Nangwarry, 5 Coombe Street presents an affordable opportunity packed with potential for buyers ready to roll up their sleeves
and create something special. Offered with a price guide of $230,000, this property is ideal for first home buyers, renovators, investors, or those seeking an affordable
regional lifestyle with space to grow.

The home offers three bedrooms, one bathroom, a separate toilet, and a rear laundry, providing a functional layout ready for renovation and improvement.
Whether you choose to move in and renovate over time or secure the property as an investment project, there is enormous scope here to add value and make the property your own.

Rich in forestry history and surrounded by natural beauty, Nangwarry is a quiet and welcoming community perfectly positioned between Penola and Mount Gambier, offering convenient access to larger town services while maintaining a relaxed country atmosphere.

The township is home to a well cared for forestry museum and community centre that celebrate the area's proud history, along with a local primary school and school bus services to secondary schooling in Penola.

Residents also enjoy the convenience of a local GP service operating on Wednesdays, together with a popular local roadhouse and takeaway that remains a valued hub for the community.

Features include:
? Affordable renovation opportunity with excellent potential to add value
? Rear laundry
? Functional layout ready for improvement and renovation
? Positioned within the Township zoning
? Minimum site area requirement of 900sqm
? Hazards Bushfire High Risk Overlay applies
? Flooding Evidence Required Overlay applies
? Native Vegetation Overlay applies
? Water Protection Area Overlay applies
? Convenient location between Penola and Mount Gambier
? Quiet regional lifestyle with strong community spirit
? Close to local primary school and bus services to high school in Penola
? Nearby GP service available on Wednesdays
? Popular local roadhouse and takeaway nearby
? SAPPA report available

This property will conduct an online marketing campaign for 14 days. This campaign will end on Wednesday May 13th 2026. All offers and conditions will then be presented to the vendors for their consideration and final decision.

Additional Property Information:
Land Size: 839m2
Rental Appraisal: A rental appraisal has been conducted for approximately $310 to $330 per week.
RLA - 291953

Explore the area

View in Google Maps

School catchments

Nangwarry Primary School Primary R-6 Government 0.31km
Kalangadoo Primary School Primary R-6 Government 11.1km
Mary MacKillop Memorial School Primary R-6 Catholic 17.8km
Penola Primary School Primary R-6 Government 17.9km
Penola High School Secondary 7-12 Government 18.6km
Glencoe Central Primary School Primary R-6 Government 24.4km
Mil Lel Primary School Primary R-6 Government 26.9km
Suttontown Primary School Primary R-6 Government 29.0km
Compton Primary School Primary R-6 Government 30.2km
Mulga Street Primary School Primary R-6 Government 30.7km
OneSchool Global SA - Mount Gambier Campus Combined Independent 30.9km
Mount Gambier North Primary School Primary R-6 Government 31.1km
St Martins Lutheran College Combined R-12 Independent 31.4km
Mount Burr Primary School Primary R-6 Government 31.5km
McDonald Park School Primary R-6 Government 31.9km
Mount Gambier High School Secondary 7-12 Government 32.2km
Tenison Woods College Combined R-12 Catholic 32.6km
Grant High School Secondary 7-12 Government 34.3km
Millicent High School Secondary 7-12 Government 40.8km
Casterton Secondary College Secondary 7-12 Government 50.6km
Allendale East Area School Combined R-12 Government 52.4km
Kangaroo Inn Area School Combined R-12 Government 55.3km
Sunrise Christian School Naracoorte Combined R-9 Independent 64.2km
Naracoorte High School Secondary 7-12 Government 66.2km
Edenhope College Combined Prep-12 Government 70.6km
Lucindale Area School Combined R-12 Government 75.1km
Balmoral K-12 Community College Combined Prep-12 Government 95.3km

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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.