1 Patterson Street, Whyalla
ICONIC BUILDING - Fantastic once in a generation opportunity to purchase the building with the best position in Whyalla City Plaza.
Beautiful double storey building featuring multi internal levels on the sunny side of Patterson Street / Darling Terrace corner of the Whyalla City Plaza. The north facing building features a deep wrap around verandah to provide shade for the generous ground floor window spaces on both street sides. The building could have future uses for retail or offices, being in such a prominent location.
The current owners have decided to retire this year and are seeking to on-sell the building to new owners to carry on the tradition of either retail trade or prominent office spaces, which could be occupied by one or more tenants in the City Plaza. The street level premises feature three levels and have 5 Aluminium roller grills for added security, plus a burglar alarm.
On the Mezzanine level is a large meals area and a new, fully tiled corner set basin and toilet have recently been installed.
The premises, including the upstairs area (accessed via separate door) are fully air conditioned with 5 refrigerated reverse cycle units and an internal overhead fan. With 5.7kw solar panels and due to a large number of LED lights, the electricity account remains low. One or both Chubb safes on the main level can be negotiated in the overall sale, if required by the new owner.
The upstairs level has recently been modernised and has 2 kitchen areas, 3 dedicated rooms (all with A/C), a large waiting room (A/C as well). Most rooms feature wooden veneer floorboards. All rooms have large north or west facing sweeping cityscape views letting in brilliant sunlight. Separate male & female toilets are also on this level.
An outstanding opportunity for the savvy buyer to enjoy the prime position in Town. Combined rent received for all 4 levels of the premises would achieve an expected return of 7-8% per annum. Peter Calliss will be happy to show any prospective buyers the premises at a suitable time.
RLA 2154
The current owners have decided to retire this year and are seeking to on-sell the building to new owners to carry on the tradition of either retail trade or prominent office spaces, which could be occupied by one or more tenants in the City Plaza. The street level premises feature three levels and have 5 Aluminium roller grills for added security, plus a burglar alarm.
On the Mezzanine level is a large meals area and a new, fully tiled corner set basin and toilet have recently been installed.
The premises, including the upstairs area (accessed via separate door) are fully air conditioned with 5 refrigerated reverse cycle units and an internal overhead fan. With 5.7kw solar panels and due to a large number of LED lights, the electricity account remains low. One or both Chubb safes on the main level can be negotiated in the overall sale, if required by the new owner.
The upstairs level has recently been modernised and has 2 kitchen areas, 3 dedicated rooms (all with A/C), a large waiting room (A/C as well). Most rooms feature wooden veneer floorboards. All rooms have large north or west facing sweeping cityscape views letting in brilliant sunlight. Separate male & female toilets are also on this level.
An outstanding opportunity for the savvy buyer to enjoy the prime position in Town. Combined rent received for all 4 levels of the premises would achieve an expected return of 7-8% per annum. Peter Calliss will be happy to show any prospective buyers the premises at a suitable time.
RLA 2154
features
- Air Conditioning
- Alarm System
Contact The Agent
overview
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1P1404
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$520,000
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Retail
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For Sale
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1 Patterson Street Whyalla SA
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400 sqm
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170 sqm