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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

56 Gray Street
Mount Gambier, SA 5290

$649,000 - $699,000

Land Size: 96 sqm
Property Type: Commercial
Listed Date: 23rd Apr 2026
Overview

Endless potential in a prime Mount Gambier position

This modern two-storey commercial property, located just off Commercial Street in the heart of Mount Gambier, presents a remarkable opportunity with extensive potential for various business uses. The building features five offices, a filing room, a stylish reception area, a kitchenette, two powder rooms, a balcony, and ample cabinetry for storage. Equipped with a business phone system and split-system air conditioning throughout, the property is well-suited for business operations, investment purposes, or a live-work arrangement subject to council approval. Furniture availability is negotiable, offering a turnkey solution with considerable flexibility.

Situated in Mount Gambier's vibrant commercial precinct, 56 Gray Street benefits from excellent visibility and accessibility, making it an ideal location for business owners. The city, located on South Australia's Limestone Coast, is a thriving regional hub with strong pedestrian traffic, major retail outlets, and essential services nearby. Key local amenities include Commercial Street within a one-minute walk, Mount Gambier Marketplace approximately 1.5 kilometers away, and Mount Gambier Hospital about 2.6 kilometers from the property.

The property itself occupies a prominent position just off Commercial Street, presenting a commanding presence with a sleek, modern façade. The total internal area is approximately 192 square meters, smartly arranged over two levels to maximize functionality and comfort. The ground floor offers a welcoming, air-conditioned reception area with timber-look flooring and a custom timber reception desk, enhanced by soft lighting and neutral color tones. This level also includes a filing room, two spacious private offices featuring plush wool carpeting, ceiling fans, and split-system air conditioning, a powder room, and a rear deck.

On the upper level, there are three additional offices with wool carpeting, a modern kitchenette with tiled flooring, ample cabinetry, and a single-drawer dishwasher. This floor also includes a second powder room and a balcony that provides a pleasant outdoor space to enjoy fresh air. The entire building benefits from abundant natural light, thanks to glass brick windows and a thoughtfully designed layout that promotes a bright and airy atmosphere.

The property is currently configured for commercial use but offers versatility for a range of applications including boutique retail, consulting suites, art galleries, wellness centers, or professional offices. There is also potential to convert the space into stylish short-term accommodation or a live-work setup with residential space upstairs and business premises below, subject to council approval.

Additional features include the option to negotiate inclusion of furnishings, allowing new occupants to commence operations immediately or customize the space to their requirements. The location is surrounded by major retailers and is within walking distance to cafes, restaurants, and other key amenities, making it one of the most convenient addresses in Mount Gambier.

Overall, 56 Gray Street represents a highly adaptable and attractive opportunity for investors, small business owners, or creative professionals seeking a prime commercial property in a thriving regional center. The property combines style, comfort, and functionality in a sought-after location with excellent exposure and accessibility.

Additional property information: The building was constructed approximately in 1950. The land size is 96.4 square meters. Council rates are approximately $893 per quarter. The property is currently vacant and zoned as Urban Activity Centre (UAC).

Location
56 Gray Street
Mount Gambier SA 5290
Measurements
Type Dimensions
Floor Area 192 sqm
Market Insights for Mount Gambier SA 5290
New Listings (last 30 days)
7
Average price
$715,571
Lowest price
$599,000
Highest price
$995,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.