53-55 Dauncey Street, Kingscote, SA, 5223

Kingscote

+8 Photos

53-55 Dauncey Street, Kingscote, SA, 5223

Kingscote

SOLD

53-55 Dauncey Street, Kingscote, SA, 5223

Properties / Sold / South Australia / Kingscote

Vacant Possession

Selling Method

Contact Agent

Selling Details

Price Upon Enquiry

Land Area

4,594 m² (*approx)

Floor Area

1682 m² (*approx)

Property Type

Hotel/Leisure, Retail, Other

Sub-type

Hotel, Mixed Use

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Queenscliffe Hotel & Shopping Village

* Freehold of the Queenscliffe Family Hotel & Bottle shop, plus 6 retail outlets.

* Est net imputed income $230,000 pa approx

* Est net passing income $208,000 pa approx

* Expansive site of 4,594 m2 approx with access from Dauncey, Commercial & Osmond Streets.

* Centrally positioned in the commercial heart of Kingscote, close to all facilities, including the waterfront & Drake's Supermarket.

* Anchored by the Queenscliffe Family Hotel & Bottle shop plus Cafe, Massage, Australia Post, and Northcott Fine Foods.

* Exciting opportunity to value-add via refurbishment and/or further development of the site

* Substantial local ongoing redevelopment and investment expenditure in Kingscote and on KI generally.

* Capitalise upon surging tourism visitations to Kangaroo Island.

* Genuine Sale - No stamp duty or GST payable.

For more information or to arrange an inspection, contact Tony Ricketts 0418 827 911.

Remember to mention you found this property on CommercialReady

Vacant Possession

53-55 Dauncey Street Investment Summary

Property Type

Hotel/Leisure, Retail, Other

Sub-type

Hotel, Mixed Use

Land Area

4,594 m² (*approx)

Floor Area

1682 m² (*approx)

Selling Method

Contact Agent

Selling Details

Price Upon Enquiry

Investment Highlights

Queenscliffe Hotel & Shopping Village

* Freehold of the Queenscliffe Family Hotel & Bottle shop, plus 6 retail outlets.

* Est net imputed income $230,000 pa approx

* Est net passing income $208,000 pa approx

* Expansive site of 4,594 m2 approx with access from Dauncey, Commercial & Osmond Streets.

* Centrally positioned in the commercial heart of Kingscote, close to all facilities, including the waterfront & Drake's Supermarket.

* Anchored by the Queenscliffe Family Hotel & Bottle shop plus Cafe, Massage, Australia Post, and Northcott Fine Foods.

* Exciting opportunity to value-add via refurbishment and/or further development of the site

* Substantial local ongoing redevelopment and investment expenditure in Kingscote and on KI generally.

* Capitalise upon surging tourism visitations to Kangaroo Island.

* Genuine Sale - No stamp duty or GST payable.

For more information or to arrange an inspection, contact Tony Ricketts 0418 827 911.

Remember to mention you found this property on CommercialReady

53-55 Dauncey Street, Kingscote, SA, 5223