As sole and exclusive agent, Colliers is delighted to offer 32 Helen Street, Mount Gambier, for sale for the first time in 30* years.
Situated in the heart of the Mount Gambier CBD, the asset represents a premium opportunity to acquire a tightly held retail investment within South Australia’s second largest city and the established commercial capital of the Limestone Coast region, servicing a broad regional catchment of more than 135,000 people.
The asset occupies a prominent position on Helen Street within the core CBD precinct, immediately adjoining Commercial Street, Mount Gambier’s primary retail high street and close to major retail anchors including Mount Gambier Central shopping centre and Mount Gambier Marketplace. This well-established precinct comprises a diverse mix of national retailers, specialty stores, professional services and hospitality operators, generating strong foot traffic and reinforcing its position as the pre-eminent retail and commercial node within the city and region.
Key Asset Highlights include:
• 100% leased shopping centre with low average rents
• Land rich investment providing 16,321sqm* with 4 street frontages
• Strategic location with mix of service and retail trade in the heart of Mt Gambier CBD
• Strong tenancy mix including government, banking, national retail and services
• 237* on grade car parks
• Strong cashflow investment with excellent rental growth prospects
• Under new management the opportunity to recover an extra $60,000* in outgoings
• No stamp duty
*approx
This exceptional retail investment opportunity is offered For Sale by National Expressions of Interest closing Thursday 2 July 2026 at 2pm (ACST).
For further information, or to book an inspection, please contact the exclusive agents.
Remember to mention you found this property on CommercialReady
As sole and exclusive agent, Colliers is delighted to offer 32 Helen Street, Mount Gambier, for sale for the first time in 30* years.
Situated in the heart of the Mount Gambier CBD, the asset represents a premium opportunity to acquire a tightly held retail investment within South Australia’s second largest city and the established commercial capital of the Limestone Coast region, servicing a broad regional catchment of more than 135,000 people.
The asset occupies a prominent position on Helen Street within the core CBD precinct, immediately adjoining Commercial Street, Mount Gambier’s primary retail high street and close to major retail anchors including Mount Gambier Central shopping centre and Mount Gambier Marketplace. This well-established precinct comprises a diverse mix of national retailers, specialty stores, professional services and hospitality operators, generating strong foot traffic and reinforcing its position as the pre-eminent retail and commercial node within the city and region.
Key Asset Highlights include:
• 100% leased shopping centre with low average rents
• Land rich investment providing 16,321sqm* with 4 street frontages
• Strategic location with mix of service and retail trade in the heart of Mt Gambier CBD
• Strong tenancy mix including government, banking, national retail and services
• 237* on grade car parks
• Strong cashflow investment with excellent rental growth prospects
• Under new management the opportunity to recover an extra $60,000* in outgoings
• No stamp duty
*approx
This exceptional retail investment opportunity is offered For Sale by National Expressions of Interest closing Thursday 2 July 2026 at 2pm (ACST).
For further information, or to book an inspection, please contact the exclusive agents.
Remember to mention you found this property on CommercialReady
32 Helen Street, Mount Gambier, SA, 5290
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