Expressions of Interest closing 10 am 26th Feb 2025 USP
Nestled in the heart of Willunga's thriving commercial precinct, 6-6B High Street offers an exceptional retail investment opportunity.
Built-in the 1970s, this 328 sqm approx retail complex is set on a 1,528 sqm approx allotment, blending modern functionality with historical charm. With dual access from High Street and St Andrews Terrace, the property benefits from excellent visibility and accessibility, ideal for both customers and tenants.
Fully leased to three local businesses, the property generates a net annual rental income of approximately $55,364 plus outgoings. Each tenancy is designed to accommodate diverse commercial needs, including retail, storage, and food preparation facilities, offering a solid foundation for ongoing investment performance.
Current Tenancies:
Retail Space 1 (101 sqm approx): Open-plan shopfront with prep area and cool room; dual access from High Street and the rear lot
Retail Space 2 (126 sqm approx): Spacious, light-filled retail area with rear storage and office facilities
Commercial Kitchen Space (106 sqm approx): Fully equipped for food Food preparation and packing, packing space, featuring roller door access access, cool rooms, extraction and exclusive amenities
Facilities & Features
Dual Access: Entry from High Street and convenient rear access from St Andrews Terrace
On-Site Parking: Ample gravel hardstand parking, easily accessible from the rear
Building Features: Split-system air conditioning, CCTV surveillance, kitchenettes in all tenancies
Zoning: Township Zone under the City of Onkaparinga, allowing for a mix of commercial and community uses
Location Advantage
Willunga's High Street is the commercial hub of this historic township, attracting both locals and tourists with its boutique shops, cafés, and heritage charm. Just 46 km south of Adelaide and a gateway to the McLaren Vale wine region, the property benefits from steady year-round foot and vehicle traffic, ensuring strong tenant demand.
Additional Highlights
High Visibility: Excellent exposure to both pedestrian and vehicular traffic on High Street
Flexible Investment: Tenancy mix includes retail and commercial kitchen facilities, catering to diverse business needs
Proximity to Major Attractions: Close to wineries, regional events, and community amenities
Established Tenant History: Trusted local tenants, enhancing investment stability
Strong Community Engagement: Located in a close-knit, economically vibrant regional centre
This unique property combines a strategic location, robust infrastructure, and dependable income streams, making 6-6B High Street a standout opportunity in South Australia's regional property market.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833
