Here’s your opportunity for a sea-change!
Centrally located in the heart of the main street this combined residence/shop offers loads of possibilities only limited by your imagination. If you are looking to invest, looking for a sea-change or perhaps looking to start up a business with the opportunity to live on premises then this is definitely worth a look!
Both the residence and the shop are currently let separately. The residence is leased until August 2022 for $280 per week and the shop is also leased until August 2022 for $220 per week, being a combined rental income of approximately $26,000 per annum (including gst). Whilst the shortage of rental property available in the area should ensure you are never without a tenant this is perhaps also ideal for those wanting to see out the current lease periods and then move in yourself, or perhaps let the shop and live in the residence or let the residence and run your business from the shop? So many options!
The residence features three bedrooms (main with built-in robes), modern kitchen with dishwasher and adjoining meals area plus huge lounge room with cosy combustion heater. There is also a large north-facing, all-weather, outdoor entertaining area plus huge backyard, ideal for those with young kids and plenty of room for the fur babies.
The shop is currently operating as a newsagency/gift shop and offers a large open retail space, opening to a smaller retail space and secure storeroom plus a large detached storeroom at the rear with WC and basin. There is driveway access to a double carport plus plenty of off-street parking.
Kingston is a coastal town with a population of approximately 1600 people, located approximately 300km south of Adelaide at the southern end of the Coorong National Park. The town is a popular destination for families, who enjoy their annual summer holidays here, but also attracts serious fishermen and plenty of travellers who take advantage of the town’s caravan park, RV park and camping facilities. The town features two hotels, an R-12 school, great shopping and sporting facilities including an 18 hole golf course, football and netball facilities, squash courts, gymnasium and town pool, tennis courts AND the beach! You’ll enjoy many a summer taking advantage of the family-friendly foreshore with it’s wide expanse of lawn and protected beach, while you are also only a short drive to some of South Australia’s best surf beaches. Kingston is also situated at the beginning of the Limestone coast where you will find many award-winning wineries and is close to several larger service-towns being approximately 100km to Naracoorte, 100km to Millicent and approximately 150km to Mt Gambier.
Situated on approximately 965m2 (24.38m x 35.60m) in the Township Main Street zone there may also be scope here to redevelop the site to create a mix of retail and residential accommodation (subject to all necessary consents).
For further information, or to arrange an inspection please contact Bronwyn today.