Retail

Property ID: 424066

 

Hardware store, food retail and residence, with successful income sources attached

Mount Magnet, WA 6638

Phone enquiries - please quote property ID 29785.

This is a fantastic opportunity to purchase a lucrative freehold hardware store, cafe commercial kitchen, and 3BR residence. The property is being sold alongside a successful, well-established, easy-to-run destination business with multiple revenue streams, no competition and huge growth potential.

The store boasts a reputation for having “everything”: from key cutting to water purification, Muzz Buzz Coffee and a range of food and drink options. Adjacent to the store sits the diner boasting a full commercial kitchen. Currently, the kitchen is only used for food preparation. It was once a full-time cafe - which can easily be reintroduced. The diner also operates as the Centrelink Agency offering an additional income stream. To the back of the property sits the well-presented three-bedroom/one-bathroom residence.

Included in the sale:
• Hardware store business, well-established with no competitors.
• Hardware store freehold property and all equipment.
• Diner premises next door, currently running at limited capacity but offering a full commercial kitchen and the opportunity to be run as a full-time café.
• Three-bedroom, 1 bathroom residence.

The massive premises boasts a prime commercial position on the main road in the centre of town. Surrounded by popular retail and service outlets, it sees significant foot traffic and passing trade. The shop front is highly visible, an imposing building with clear signage and strong branding. The shop front is easily accessible with street parking and off-street parking bays.

There are three separate buildings: Hardware Store, Diner, and Residence, and the property is on two titles, one for the well-established and striking hardware store, and one for the cyclone-proof renovated 3bed/2bath house to the rear and inviting diner with commercial kitchen, courtyard, alfresco and nursery area. The entire propert...

For Sale

Freehold $395,000 returning $5,000 per month

No Agent Property - Vic1300594794