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7/7 Arbor Street

Mount Gambier, SA 5290, Australia
$245,000
2 bed 1 bath 2 car175m²

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Area Price Guide
$230,300$259,700

Indicative price guide range

🏘️
76
Comparable
📊
$550,000
Area median
⚖️
-55%
vs median
📐
$1,400
Per m²
📏
175 m²
Land
🗓️
1 week ago
Listed

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About this property

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 2pm (SA Time), Thursday 11th June 2026** Positioned in a quiet group setting, 7/7 Arbor Street, Mount Gambier presents an excellent opportunity for investors seeking a well-maintained, low-maintenance property with the added benefit of a long-term tenant previously residing for the past 10 years already in place. Conveniently located close to local schools, the CBD, and the popular Railway Lands walking track, this neat and tidy unit offers comfortable living in an increasingly sought-after location. Set at the rear of the block, the unit enjoys added privacy along with the bonus of an extra parking space a valuable feature not often found in similar strata properties. Inside, the home offers a practical and functional layout designed for easy everyday living. The central kitchen and lounge area is fitted with a reverse cycle air conditioning unit, ensuring year-round comfort. Vinyl plank flooring throughout the kitchen area provides a modern and low-maintenance finish. Both bedrooms are generously sized, with one bedroom featuring a built-in robe for additional storage and convenience. The bathroom is well-appointed with a walk-in shower, vanity, and toilet, while the laundry includes a trough, storage cupboard, and direct access outside. Whether you are looking to expand your investment portfolio or secure an easy-care property in a convenient location, 7/7 Arbor Street presents a fantastic opportunity with reliable tenancy already established and strong lifestyle appeal nearby. Additional Information: Land Size: Approx 175m2 Building Size: Approx 50m2 Council Rates: Approx Approx $376 per quarter Emergency Services Levy: Approx $72 per annum Water / Sewerage Rates: Approx $176 per quarter Age of Building: Approx 1970 Strata Costs: Currently rented at $235 per week until 20/09/2026 Rental Appraisal: $250 - $270 Per Week RLA: 312 565 Disclaimer: RLA: 312 565

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,188/month
    $594 /fortnight
    Loan $196,000 at 6.10% over 30 years

    Upfront costs

    Deposit$49,000
    Stamp duty$8,743
    Conveyancing (est.)$2,000
    Total upfront$59,743
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    2
    Land Area
    175m²
    Listed
    1 week ago

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