53-55 Dauncey Street Kingscote SA 5223

* Freehold of the Queenscliffe Family Hotel & Bottle shop, plus 6 retail outlets.
* Est net imputed income $230,000 pa approx
* Est net passing income $208,000 pa approx
* Expansive site of 4,594 m2 approx with access from Dauncey, Commercial & Osmond Streets.
* Centrally positioned in the commercial heart of Kingscote, close to all facilities, including the waterfront & Drake's Supermarket.
* Anchored by the Queenscliffe Family Hotel & Bottle shop plus Cafe, Massage, Australia Post, and Northcott Fine Foods.
* Exciting opportunity to value-add via refurbishment and/or further development of the site
* Substantial local ongoing redevelopment and investment expenditure in Kingscote and on KI generally.
* Capitalise upon surging tourism visitations to Kangaroo Island.
* Genuine Sale - No stamp duty or GST payable.

For more information or to arrange an inspection, contact Tony Ricketts 0418 827 911.