1-3 Main Street
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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage
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About this property
Here is a rare chance to secure a versatile property with multiple income streams and future development opportunity. Set on a generous 2,259m² block, this long-established site combines a secure commercial lease with residential accommodation and exciting scope for further growth (STCA). Commercial Tenancy Currently leased to Elders Rural Services on a solid long-term agreement, the original rural store/main building and an adjoining shed are both steeped in local history dating back to around 1935. The tenancy also includes a secure yard with security fence around the perimeter, and a lockup Colorbond shed. Currently leased at $18,934 per annum (plus CPI increments) until 1st February 2027, with two additional five year options available. Residence Positioned on a generously sized corner block is the adjoining 3-bedroom, 2-storey home offering additional investment opportunity, or excellent potential to renovate as a private residence for the new owner. Alternatively, it would be perfectly suited to convert into short-stay accommodation, and with ample space behind the existing building there is room to consider construction of additional units (STCA), tapping into the region's strong visitor demand. Location Winnaleah is a picturesque country town just a few minutes' drive away from the world-renowned Derby Mountain bike trails, the bustling Derby township and its popular cafes, restaurants, and shops. This property is a standout investment opportunity in a thriving tourism hub and vibrant rural community, contact us for a viewing today.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 507m²
- Listed
- 2 weeks ago
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