216 Onkaparinga Valley Road, Oakbank, SA 5243
Sold: $520,000 (11-22-2015)- hotel 3
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Beautiful stone home circa 1910 with strong character, original 12? ceilings, polished timber floors, double size rooms and a prominent, convenient location.
The commercial possibilities for this property are excellent (STCC) having been previously operated as a local Vet centre for quite some years. More recently the property has been leased on a residential basis and offers three bedrooms, a study, separate kitchen with room for a dining table, separate living room, ?mud room? and bathroom and laundry amenities. There are two toilet facilities.
There are four fire places in the home, two are currently not utilised, one offers an open fire place with cast iron inset and the fourth has a gas heater in-situ. At the rear of the building is a small shed which was the original laundry, there is a single garage and a large elevated aviary is also in place.
Ample off street car parking space also lends to positive commercial prospects as does the ?Main street? location of the property ? furthermore a valuable two street frontage.
The total overall area of the property 1361sqm and there are two allotments being 42 and 43, currently running parallel to John Street (refer plan).
The investment opportunities of this property are quite unique with the development of the allotment potential, commercial and residential rent possibilities (STCC). Discerning buyers with an eye for the future will see and understand the potential ? approximately 17,000 cars per day travel along the Onkaparinga Valley Road - being a Local and National Tourist Route ? That says a lot!