Middle Terrace

Penneshaw SA 5222

PENNESHAW : Lot 33 Middle Terrace & Lot 173 Bay Terrace - BOTH FOR SALE
2 Unique properties offered as a whole or separately with panoramic sea views.Enjoy the 45 Minutes boat trip on The Sealink ferry from Cape Jervis situated only 100km south of Adelaide or flights daily only 30 minutes from Adelaide to Kingscote.* Former Motel/Holiday Lodge overlooks beautiful Hog Bay, disposed as 8 Units with 8 Bathrooms, office & Kit/meals on 1580m2 of land approx.Only two-minute walk to beach and ferry with an abundance of wildlife( penguins can be often seen in the hostel garden).Currently on a periodic lease ($25,000 pa approx) + GST & outgoings. * 2 Vacant shops built in 1995, solid in construction (100m2 & 50m2) offer a variety of uses on 1350m2 of land approxOpportunity to redeveloped STCC, zoned town centre Penneshaw All offers considered, Vendors committed to sell. Exceptional opportunity on the International stage Note : YHA business as usual The vendor's statement relating to matters affecting the land may be inspected at the office of the agent between the hours of 9.00am and 5.00pm For more information, please contact Scott Robinson on 0412 775 449.