The Settlement shops were built in 1874 by Frederick Hall who then sold the property to Henry Blackburn in 1881. Blackburn and Sons were the major store in the district, supplying every item from groceries to hardware, fashion to fuel.
In 1973 John Blackburn, grandson of Henry, transformed the old store into a complex of shops, restaurants, an art gallery, offices and flats which catered for a whole range of uses.
The shops are an iconic landmark in Milton and have been a sound investment for over 150 years.
andbull; High profile investment property
andbull; Well established tenants with long leases
andbull; Currently 19 retail outlets
andbull; Gross annual income $343,606.32 p.a
andbull; Total land area 2835 SQM
andbull; Net leasable area 1610 SQM
andbull; Two street frontages
andbull; Further development potential (STCA)
Private and discreet inspections by appointment.
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Kearney’s Real Estate trading as Ray White Surfside Properties Ulladulla toward the recipient with regard to the use of this information and all information given is given without responsibility.