* 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.
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53-55 Dauncey Street
Kingscote 5223, South Australia