It's got a residence, two shops, shedding and surplus land at the rear of approx 1,100 sqm.
The property is located on one of the main roads into the town, close to South Terrace/East Terrace roundabout and the Strathalbyn High School. There is convenient street parking at the front of the property and a drive way entrance off Callington Road.
The spacious 2 bedroom residence is currently leased at $12,522.86 pa ($240 per week)
The 'Tuck Shop' is on a lease that runs until 6th November 2015 at a current rent of $9,600 pa
There is a vacant shop/office of approx 38 sqm - currently being marketed for lease at $10,000 pa
On the land at the rear is quality shedding of approx 70 sqm
The total site area is approx 1,587 sqm which provides an opportunity for future residential sub-division of the land at the rear, subject to council consents.
The property is within the Residential (Strathalbyn) Zone.
The property presents an exciting array of opportunities whether occupying yourself with some passing rental income, holding as a multi-tenanted investment, maximising the development opportunity, or a combination of all.
Call now for further information or to arrange an inspection!