2 Sturt Street,
Mount Gambier, SA 5290
Development Sites & Land • Shops & Retail
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
2 Sturt Street
Mount Gambier, SA 5290
Detailed listing
Map of 2 Sturt Street
Substantial, High Exposure Mt Gambier Holding
- Substantial Site of 1.296ha / 12,960sq
- Adaptable Improvements of 6,323sqm (GBA)
- Vacant Possession From Nov 2023
The property is located within the heart of Mount Gambier being a short walk to the City of The Mount Gambier Civic Centre, shopping precincts including the Coles and Aldi supermarkets, and other commercial, retail and community uses.
Leedwell is pleased to present this substantial, high exposure Mount Gambier holding for a very genuine sale.
This is a generational opportunity to secure a large site of some 12,960sqm within the commercial hub of Mount Gambier. With its significant street frontages to Sturt Street, Bay Road, and Heriot Street, the property provides high visibility with ample signage opportunities (STNC). The versatile improvements of some 6,323sqm will allow for ongoing occupancy as a commercial premises, or the potential for redevelopment potential (STNC).
The site has enjoyed a strong history in accommodating retail and wholesale of hardware and building supplies, and currently Metcash trading businesses of Mitre 10 and Beaumont Tiles. The current lease arrangements offer short-term holding income through to November 2023, when vacant possession is available.
Leedwell is pleased to present this substantial, high exposure Mount Gambier holding for a very genuine sale.
This is a generational opportunity to secure a large site of some 12,960sqm within the commercial hub of Mount Gambier. With its significant street frontages to Sturt Street, Bay Road, and Heriot Street, the property provides high visibility with ample signage opportunities (STNC). The versatile improvements of some 6,323sqm will allow for ongoing occupancy as a commercial premises, or the potential for redevelopment potential (STNC).
The site has enjoyed a strong history in accommodating retail and wholesale of hardware and building supplies, and currently Metcash trading businesses of Mitre 10 and Beaumont Tiles. The current lease arrangements offer short-term holding income through to November 2023, when vacant possession is available.
Mount Gambier, 5290 demographic data
The median household income for Mount Gambier is $1,197, 1% higher than Regional South Australia's household income of $1,190. Mount Gambier has a younger age profile compared to the rest of Regional South Australia (median age 41 vs 47). Property ownership data shows 49% of property owners in Mount Gambier have a mortgage.
25,591
Population
$1,197 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000