2-10 Krummel Street Mount Gambier SA 5290
- Development / Land
- 1.2 ha
- For Sale, Contact Agent
REPRESENTS POSSIBLY LAST SIGNIFICANT LAND HOLDING 400M FROM TOWN CENTRE - OFFERED AS A WHOLE OR TWO SEPARATE PARCELS
FOR SALE BY PUBLIC TENDER CLOSING FRIDAY 29TH OCTOBER AT 3PM (unless sold prior)
Nathan Fox, Smallacombe Commercial - 0412 818 208
In Conjunction with Graeme Nicholas, Hometree Property - 0408 287 272
Substantial holding of approximately 12,000m2 offered as a whole or two separate parcels (7,170M2 and 4,730m2 comprising 10 Titles). Possibly the last significant land holding (adj Coles/Aldi) and 400m from Town Centre.
Strategically positioned adjacent Coles/Aldi site and Dan Murphys having two substantial frontages to Krummel Street with excellent egress to Crouch Street south and short distance to Commercial Street west.
Currently offering secure holding income by way of Lease to Mount Gambier Central Caravan Park representing outstanding opportunity to enhance current accommodation facilities while prime for redevelopment (3 levels, 12m height limit) subject to consents.
Some 10 individual Titles including a number of outbuildings with massive potential to upgrade existing accommodation or indeed investigate both residential and commercial redevelopment up to 3 levels (12m height limit) subject to all consents.
Owned by the one family for the past 50 years and underpinned by secure Lease income represents an outstanding opportunity to secure as a whole or two individual parcels and will suit a myriad of commercial/residential uses (subject to all approvals).
National/International corporate enquiry welcomed.
City of Mount Gambier
Zoned: UAC Urban Activity Centre
Council Rates: $12,075 per annum (approx)
SA Water Rates: $2,041 per annum (approx)
Emergency Service Levy: $2,419 per annum (approx)
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