Built in 1864 as Naracoorte's first General Store, this incredibly impressive and lovingly restored property enjoys fantastic street appeal and currently accommodates a rare mix of commercial business space and residence/accommodation.
The eastern side of the property currently operates as 'The Corner Grounds' - a bustling café, abuzz with activity, that has built a strong reputation in just the short time it has been trading. The premises includes a commercial kitchen, 2 large café areas (one above a large cellar), and features stunning full height windows.
This is a vacant possession sale, so a new owner will have the option to retain the café, or convert the space into something completely different - to self-operate or lease out. Since the premises enjoys such a prominent position immediately across the road from the Tourist Information Centre, there is significant opportunity for a range of enterprises here, naturally subject to securing any relevant consents.
The western side of the building also enjoys direct access onto MacDonnell Street and includes a spacious and luxurious French-inspired 2-bedroom residence, with living room, kitchen/dining and bathroom which includes a corner spa. Additional features include high ceilings, thick stone walls, hardwood floors and quality fixtures and fittings throughout. Off street parking and charming courtyard areas are additional attractions. Whilst this part of the property has been privately occupied by the current owner, it has previously operated as a lucrative and successful high-end B&B accommodation business. As the sale includes most of the furnishings, this business could easily be re-established by a new owner.
Both areas have been meticulously restored with new plumbing and electrical throughout, re-pointing of the beautiful stonework, and so much more that will only be truly appreciated via an inspection.
An outstanding investment opportunity with endless possibilities. Clearly with the added attraction of being able to live on-site and with the option to lease out the café space, or operate your own business from this stunning property.
Approximate total floor area 236.7 sqm
Total site area approximately 768 sqm
Held on a single Torrens Title
The property is offered For Sale with vacant possession at $1,200,000
No GST / not applicable
For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:
Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346
