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24-28 Davenport Street Millicent, SA 5280

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24-28 Davenport Street,
Millicent, SA 5280

Shops & Retail • Showrooms & Large Format Retail

Price information

Sale

$1,600,000 - $1,700,000

Key property information

Land area

Floor area

Zoning

Private inspections

to arrange a private inspection.

Map of 24-28 Davenport Street

Directions

Huge Retail Selling Complex

To enquire, please email or call 1300 815 0... and enter code 1312

Retail Shopping Complex - Or for other uses!

The current complex is centrally located in Millicent, in the South East of South Australia. It comprises approximately 1600sqm of floor space over 2 levels. The existing business will be vacated for this sale as the owners are retiring.
Large format retail floor space like this isn’t that easy to get in many towns as it’s a valuable commodity. Take advantage of this opportunity to secure such a building in the CBD.

Huge potential for this property! Rare opportunity! This building could be used for many uses.
The town’s largest and most central property is for sale! 3092 Square Metres in the prime selling area of town! It’s in the town’s most prominent central retail location on two titles. It’s a rare opportunity to purchase a central property like this. Secure it while it’s there or lease it out till you need it. We will sell it as a vacant possession!


The property location would make it a prime position for most franchise store locations with further development potential. A store of this size has the potential to return hundreds of thousands per year in profits from such a location. 1,000 sq m ground level and downstairs on the lower carpark level 600 sq m. Lots of ways to add more retail area to this property.

With 2 parking levels totalling over 50 carpark spaces, it is an attractive stopping point for tour buses and caravans, with the nearby Woolworths and Foodland being complimentary to drawing people to the location, and 3 separate property entrances provide access from both Davenport Street and Stuckey Street.


Water rates, land rates and levy are approximately under $5,000.00 in total per year.
NOTE: Asbestos has been removed. A new Asbestos Register is available upon request.

This commercial freehold is available to purchase, which includes 2 titles spanning 3092sqm land size - Make us an offer between the price range. With its expansive footprint over 2 levels, the building could suit a wide range of purposes. A huge 50kw solar system has been installed to cover increasing utility costs, and the building also includes several air conditioning systems to keep the space comfortable all year round. Further services include compliant fire, alarm and camera systems to ensure your asset is suitably protected.

Originally constructed as the Millicent Community Club, the building offers 10 toilets divided into 3 sets with two sets on the upper level and one set on the lower level, a shower, change room facility, lunchroom and several storage rooms divided amongst numerous sections and levels of the property, offering the ability to adapt the space to suit your needs and plans. The original commercial kitchen space still has a sump tank operational and also still includes a large working range-hood and could easily be re-adapted for use again if desired, whilst the lower level includes a built-in serving bar / counter area too. Externally, the large landholding in a great central location could lend itself well towards further development and extension of the premise.

Development Potential

The front property car park area could also partly have an added huge building expansion section to make it a central town plaza shopping area including some rental stores on the inside with parking along the front and sides. All these options could increase rental returns for any savvy investor. The previous kitchen sump requirements are also still in place so adding a café / food area could also easily be adapted within the complex. The property is in the very centre of the prime town selling area and would make an excellent prime investment with varied possible expansion and other lease opportunities. The downstairs level could also be leased out independently. Lots of options here.

There's room to even build and add a drive-through franchise takeaway on the main street level carpark as an example as well as leasing out the main building. Lots and lots of options. It's an ideal location for adding franchise store options.

Must be seen to be fully appreciated - for more information or to arrange a private viewing of this fantastic opportunity. The property will be sold vacant without a lease.

For Private Sale:

Asbestos Register Available. (Asbestos removed.).
Contract Available.
Form 1 - Must Be Made Up Still.

To enquire, please email or call 1300 815 0... and enter code 1312

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Property ID: 504010759Last Updated: 3 May 2024

13008150...
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24-28 Davenport Street
Millicent, SA 5280
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