108 Bertha Street, Mount Gambier SA 5290

Old stone | awkward layout | generous land | limited insulation risk | no price history support The property presents a structural trade-off: an 837 m² block in a sought-after Mount Gambier corridor is genuinely rare, but the 2009 acquisition date and absence of recent comparable sales mean the buyer carries unseen basis risk. The stone fabric and single-bathroom configuration will limit refinancing velocity and rental yield below 4% unless a cost-competitive extension is planned. For a buyer willing to hold for five years and fund modest thermal upgrades, this offers forced-appreciation potential; for a pure lifestyle purchase, accept the heating inefficiency as a negotiation lever. The elevated street frontage and generous family room with gas ducted heating are functional differentiators in a market dominated by brick-veneer stock. The corner-adjacent position off Lake Terrace West reduces through-traffic noise while maintaining pedestrian access to local amenities. This property best suits a downsizer seeking single-level living with room for a workshop or a small family requiring outdoor space without premium finishing costs. The buyer should verify historical flood overlay data and commission an independent thermal envelope assessment before proceeding to due diligence.