107B Main Road

Mclaren Vale SA 5171

IT'S ON TWO TITLES BEING SOLD AS A WHOLE!!

THE SITE
Located at 107 Main Road, McLaren Vale. This location is very handy to cafes, restaurants, supermarkets and the general amenity of this well known wine town.
The front allotment contains a character red brick office building and the rear allotment has two units. The site is located on Main road opposite the pie shop and it has elevated far reaching views across the Willunga Basin to the Southern Ranges. The office and units are complementary in use with the carpark supporting both facilities, day and night.

OFFICE BUILDING
The office contains four separate offices and supporting amenities, toilet, kitchen, storerooms, sunroom and waiting room. It has been a popular rental position with up to three tenants wanting an office or two and up to $900 rental per week, depending on the mix. Currently there are two tenants using the facilities, one being the owner.
Planning approval has been granted from the Onkaparinga Council to improve amenities to a five office development as it would be easy to develop this site further. We can provide these plans on request.
This represents an opportunity for a multitude of small business to take up space in this progressive McLaren Vale wine district. Tenancy occupancy has been very attractive and consistent over the past years.

RESIDENTIAL TWO UNITS
The two residential units are recently completed and comprise of two bedrooms, living areas, kitchen and dining and outdoor living space. They have nice elevated views across the church site to the Southern ranges beyond. Both units are rented for $300 per week and are very attractive to tenants with a very high occupancy rate since establishment.
The location is quiet, being off the main road and leafy with some old trees and both units are quite private being in an effective cul-de-sac. The units offer a different product to a rental house being low maintenance and this area has little similar stock available, and generally rental properties are in high demand throughout this area.

This really is a rare investment opportunity in this very popular area... INSPECTION IS BY APPOINTMENT ONLY!