234 Onkaparinga Valley Road, Oakbank, SA 5243
Sold: $465,000 (04-03-2017)- hotel 3
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Opportunity knocks!!
Utilised as the Oakbank General Store for many decades, the property has been renovated and upgraded considerably over the years. This property offers so many prospects for the commercially savvy buyer.
The front of the building offers what was previously the main commercial area. Previously customers would enter via the front door into the ?shop?. The room, now utilised as living and dining, (by the current tenants) offers high ceilings, polished timber floors, reverse cycle air-conditioning, timber venetians along the front windows and a sink and dishwasher at the rear of the room. There is direct access to the study which was previously the ?postal? room (the wall mounted post boxes still remain).
Further along the room is access to the huge rear elevated master bedroom with new carpet and fresh paint. Access to the full brick and stone lined cellar is also gained via a set of ?drop? stairs from ?the shop?(access currently sealed). From ?the shop? there is also access via a set of bi-fold doors to the concrete, and brick paved entertainment area. This has now been fully enclosed via friendly neighbour privacy fencing and offers complete privacy. The elevated kitchen offers electric oven, sink facilities and under-bench storage plus a servery window through to the ?shop?/living area.
At the rear of the home is a separate family living area positioned in an ?L? shape configuration with carpet flooring. This room also overlooks an atrium area, which, with a small amount of imagination, could be transformed into an eye catching indoor/outdoor greenery. There are two bedrooms leading off of this living area, both offering high ceilings, carpet flooring and adjoining is the bathroom and semi-combined laundry. The bathroom offers shower over bath, vanity and toilet.
The rear of the building, under the main roof, offers a single, partly enclosed car carport with direct access to the main building, plus a separate large storage room. The exterior courtyard offers a lawn area and paved entertainment area, complete with shade sails.
This is an outstanding opportunity for a savvy business operator to run a shop front business, with prime Main road frontage, whilst utilising the living facilities at the rear due to ongoing existing usage over many years (Business type STCC). Or purchase as an investment with immediate returns.
The property is currently rented on a fixed term residential basis at $400 per week.