Residential

$750,000

44 Goolwa Road, Middleton SA 5213

Web ID: #1P1910

Registration of Interest

Philip Dodd

0409 094 202

Investment Opportunity

Situated on the main road in the central township of this popular coastal tourist destination and famous for its surfing tradition, 44 Goolwa Road comprises 3 leased areas and a very substantial site area.

Adjacent to the Middleton Tavern and next door to the well patronised bakery, the current tenant mix includes Travel and Surf School administration offices, hairdresser and real estate agent.

The improvements include circa 1950 stone and brick bungalow with brick veneer additions into 2 retail/ office areas plus numerous outbuildings currently sited over 2 allotments.

The slightly elevated site area of some 2150m2 has 2 road frontages and ample off street parking plus additional parking dedicated on the main road.

Zoned Tourist Accommodation in the Alexandrina Council area, this versatile site is one of very few properties in the Middleton township and enjoys exceptional future development potential (subject to consents).

With a secure cash flow at settlement from the 3 leases, a blend of future development options include retail, professional and tourist accommodation ensures this property has an exciting future for the next ownership as an investment or for future development.

Interested parties are encouraged to contact sole selling agents Dodd & Page Pty Ltd for further property information and inspection arrangements.

Members of the Real Estate Institute of South Australia since 1922. RLA 1381.

Philip Dodd : 0409 094 202
enquiries@doddandpage.com.au
Office: 51 The Strand, Port Elliot
Ph: 08 8554 2029