5 Railway Terrace, Victor Harbor SA 5211

Sold

4 beds

2 baths

Commercial potential

Located in the hub of the tourist centre of Victor Harbor, next to the Crown Hotel and opposite the popular railway station, within the character precinct of beautiful heritage buildings, the property provides an opportunity for dynamic new owners with vision (STCC).
It is easy to envisage a contemporary bar/restaurant or perhaps work spaces for a collaboration of artists or savvy digital native tech developers.
The building currently disposed as 2 residential units, is locally heritage listed and is sited in a historic conservation area ensuring the precinct retains its appealing charm.
The regional centre of Victor Harbor has experienced recent unprecedented commercial investment - with the recently opened ALDI and the new complexes of Bunnings & Coles planned and under construction.
(Victor Harbor has been experiencing population growth of 2.26% average over the past 10 years and is projected to have a residential population of over 19,000 by 2022. Victor Harbor has a large number of holiday homes with some 40% of Residential properties owned by non residential owners. The Fleurieu Peninsula attracts some 2.49m day visitors and 2.1m visitor nights. Sourced: City Victor Harbor & SA Tourism websites)
Specifications:
Lot 69 DP 99
CT 5105 / 736
LGA Town Centre Policy Area 9
Historic Conservation area
Local Heritage Listed
Area 439m2
Frontage 17.5m
I would be delighted to provide further information or to organise an inspection.
Mark Richards Senior Sales Partner 0405 321 604 (RLA 47423)
Specialist in: Residential & Investment, Rural Lifestyle
In the areas of: Victor Harbor, Port Elliot, Encounter Bay, McCracken, Hindmarsh Valley, Back Valley Inman Valley and Waitpinga
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 2