Auction – 2nd April @ 2pm on Site

Price guide- $79,000

On offer is a large freehold block of 5 shops in the heart of Nangwarry. With clear visibility and frontage to the Riddoch Highway the building has previously housed a butcher, hairdresser, supermarket, bottle shop, deli and a medical centre.

Set on a flat block of approx 1600 sqm, the block offers drive through access. There are multiple allocated car parks on Hunkin Terrace, along with sign posted large vehicle parking on the Laffer Street frontage. There is also plenty of parking space at the rear. One shop features a loading dock, and all shops have allocated storage, WC’s and rear access. Two shops include existing cool rooms and 3 shops have perfect floorboards ready for polishing.

The building itself is of solid stone construction, square and the entire roof has been recently replaced. The space previously housing the medical centre was renovated in 2015 and is ready to go. Its features include: monitored alarm system, security window screens and doors, LAN and telephone cabling throughout, 2 x WC’s, 3 separate offices/consulting rooms, waiting/reception along with 3-phase power.

The land is zoned ‘Township’ and allows for a mix of residential and commercial uses (STCA), and is the most versatile zoning. A conversion to satisfy the demand to accommodate seasonal workers could see great returns. With recent economic and industrial developments in the area, mining exploration, along with increased highway traffic and the Penola Southern Bypass Project in full swing investors and developers should take note of the potential.

Auction 2nd April 2016 @ 2:00pm on site Unless Sold Prior.