Last Listing description (August 2023)
This Moonta commercial building opportunity presents a very attractive investment, with three established long-term tenants and a solid return on investment. Located in the heart of Moonta's central business district, the building benefits from a prime position in a high-traffic area that is easily accessible by car and on foot. Built in 1988, the property is situated adjacent to central public toilets and a car park.
The building's location is highly convenient, with a range of local businesses within easy walking distance, including Drakes Supermarket, chemists, newsagents, banks, butchers, bakeries, restaurants, cafes, hardware stores, homeware outlets, and fashion shops. This central location provides exceptional public exposure and accessibility for customers.
Investing in this commercial property could be an ideal option for your self-managed super fund, offering a solid bricks-and-mortar investment that delivers consistent rental income and long-term growth potential. This is a reliable and profitable opportunity that should not be missed for securing your financial future.
Moonta is a historic mining town located on the Yorke Peninsula in South Australia. Founded in the mid-19th century, it played a significant role in the state's copper mining industry. Today, it is a popular tourist destination known for its rich mining heritage, beautiful beaches, and natural scenery. Visitors can explore the town's history by visiting the Moonta Mines Museum, which showcases the tools, equipment, and processes used in copper mining during the 1800s.
In addition to its mining history, Moonta is a popular destination for beach lovers, with several beautiful beaches located nearby, including Moonta Bay and Port Hughes. The pristine waters of Spencer Gulf offer excellent fishing opportunities for boaties. Moonta also hosts several festivals and events throughout the year, including the Kernewek Lowender, which celebrates the town's Cornish heritage.
The Copper Coast region, which includes Moonta, has experienced significant housing growth in recent years due to its attractive lifestyle and proximity to Adelaide. This growth has resulted in the development of new housing estates and the renovation of older properties, providing a range of housing options for both locals and newcomers. The population of the Copper Coast towns has grown to over 15,000 and increases significantly during school holidays and long weekends when holidaymakers flock to the area.
The region has a diverse economy, with industries such as agriculture, fishing, tourism, hospitality, education, aged care, health services, and medical providing employment opportunities. The mining industry remains a dominant employer in the area, with fly-in, fly-out employees making their home base in the coastal towns. The tourism industry is growing, driven by the area's natural beauty, beaches, and historic attractions, creating job opportunities in areas such as hospitality, retail, and tour guiding.
Overall, the Copper Coast region offers a relaxed and laid-back lifestyle and has a diverse economy, making it an attractive place to live and work.
40 George St Moonta; investing in this commercial property could be the perfect addition to your existing portfolio or the start of a new chapter in commercial property investment of a reliable and profitable opportunity, a solid bricks-and-mortar investment that offers consistent rental income and long-term growth potential in a growing regional community.
For any questions and to view the property reach out to Tim Hosking 0419168989
HARRIS; we do things differently on the Copper Coast.
Specifications:
CT / 5779/320
Council / Copper Coast
Zoning / TAC
Land / 319m2
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. RLA | 226409