7 Mount Barker Road, Hahndorf

FRONT LEASED, REAR SET UP FOR DEVELOPMENT

Character cottage plus rear development site in historic tourist town location!

The charming verandah-fronted circa 1868 Settlers Cottage at the front of the site captures the essence of what Hahndorf is all about. It has been tastefully upgraded and internally is arranged as two main rooms, plus kitchen and bathroom. These premises have now been leased out as an art studio and gallery on a 3+3 yr lease from 1st May 2015 and provide a current net rental income of $19,000 pa.

The property is situated between established and successful businesses - ‘Otto’s Bakery’ and 'Chocolate @ No.5’.

On the rear vacant, near level site, there are approved plans to provide tourist accommodation within a new two-storey building plus parking, with scope to alter the design to apartment or townhouse style residential accommodation (STCC), if preferred.

The total site area of the whole property extends to approx 1,011 sqm.

No. 7 offers so much....an investment opportunity and an exciting development site to sink your teeth into. A delightful all round package in a high demand location!

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