A charming local significant architectural design with a prominent facade that features ornate qualities of a Victorian period building, this high profile double fronted premises is located in the heart of Stawell's Main Street.
Inside the open retail area has been upgraded and includes full front display windows, good natural and artificial light, plastered walls, 2 split systems, storeroom, sink and internal toilet. A timber stairways leads downstairs to the original large basement / storage area with direct access to Bayliss St at the rear.
The back half of the site has potential for further development with approx 150 sqm of vacant land (STCA). Proposed plans are available for viewing.
A smart choice for investors, this comes with a new lease in place and a return of 6.3%.
Set on two titles, the building is easily accessible, has a bull-nose verandah running along the length of the building and opens out to a wide paved curbside with public parking close by.
Complementing the property is a streetscape with heritage buildings, well maintained gardens and seating and beautiful Grampians views, that tell a proud story of a rich history of gold mining, agriculture and Australia's oldest and richest foot running race, the Stawell Gift.
Property Code: 2449