An outstanding opportunity exists to purchase a property with so much potential.? Located in the heart of the Victor Harbor town centre, within walking distance to cafes, restaurants, shopping, and medical centre.? The property is zoned Urban Activity Centre which provides for Tourist Accommodation, Retail, Consulting Rooms and use as a Community Facility.? The building was built Circa 1950's and is found on a 262m2 allotment with valuable rear access, providing off-street parking for two vehicles.? The lettable area is 145m2 approx.
Currently the property is leased to a bed & breakfast operator,?a two-year lease commenced on the 1st of September 2024, with renewal rights for a further 2 + 2 years.? Should a purchaser be keen to buy the property for their own use, with vacant possession, the tenant would be prepared to surrender their lease.
?The property has seven main rooms currently disposed to a spacious living room with vaulted central skylight, four bedrooms, kitchenette/meals area, with a heritage tiled bathroom (shower, vanity and wc).
Prior to the current tenancy, the property was used as a professional office space, with a large reception area, five offices, kitchenette/lunchroom and bathroom.
?Features of the property include a light and bright entrance with leadlight front door, fully air-conditioned, with ducted reverse cycle air-conditioning to most of the dwelling, with two reverse cycle split air-conditioners found in the two back rooms.
?The flexibility with use defines the outstanding opportunities available for this site.? The existing lease caters well for investors, whilst the opportunity exists for those looking to acquire prime office/commercial space now, due to the flexibility shown by the current tenant.
This is without question one of the best commercial opportunities to be found in the Victor Harbor CBD.? Information Memorandums are available by request.
price: $725,000 - $775,000
Specifications:
CT / 5919/933
Council / Victor Harbor
Zoning / UAC
Land / 262m2 (approx)
Frontage / 11.94m
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Victor Harbor P.S, Port Elliot P.S, Goolwa P.S, Mount Compass Area School, Myponga P. S, Victor Harbor H.S, Goolwa Secondary College, Yankalilla Area School
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 337539
