Commercial Property of Over 4000m2 with 60m Frontage on Eyre Hwy, Eyre Peninsula, SA. Includes residence, vacant blocks & current business if desired.
Commercial property of over 4000m2 with 60 metre frontage on Eyre Highway, Eyre Peninsula, South Australia. The Eyre Highway is part of the A1 route between WA and the Eastern states and accommodates a large volume of tourists, business people, freight carriers and locals. The property consists of 4 blocks of land, currently housing the Kyancutta General Store & Post Office. Adjacent are two blocks of land of a further 2000m2 in total and with an added contiguous 20 metre frontage currently zoned residential and part of this sale package.
The main commercial building has approx 144m2 of open floor space plus an additional area of 38m2 as well as a 26m2 storage area. The building has good natural light and has recently had major upgrades to its interior - including rewiring, new commercial lino, polished jarrah floorboards and a new full size kitchen.
LOCATION, LOCATION, LOCATION - 13kms from Iron Road's approved Central Eyre Iron Project.
Located on the Eyre Highway half way between Wudinna and Warramboo.
This is the ONLY retail business and substantial commercial and vacant land currently available within 25km of the proposed Central Eyre Iron Project (CEIP) mine at Warramboo. Iron Road's proposed $US4.5 billion construction of the CEIP mine, rail and port has received mining lease and infrastructure development approval from the state government as at 3rd May 2017 and is expected to begin construction in early 2018. It is anticipated that 1950 workers will be employed during the 4.5 year construction and an ongoing 700 workers employed over the 25 year lifespan of the mine's operation.
Also, the sealing of the Elliston Stock Route (or Mount Wedge Rd) is due to be completed in 2018 - potentially opening this main route between Elliston and Kyancutta (at the Kyancutta Store) to a significant increase in tourist traffic. Tourists currently mainly opt to travel to Elliston via Lock (completely bypassing Kyancutta) or Port Kenny. The Kyancutta route to Elliston is the most direct route for most travellers.
The property also includes large open 3 bay shed, single car garage, various fruit trees, toilet block and vacant land.
Currently located on the property, along with being a licensed Post Office sells fuel, take away food and small line groceries, provides tourist information, BankSA agency and a freight depot for Quinns Transport and Premier Stateliner bus service. Easily run and with the recent renovations and operating improvements has seen a significant increase in turnover with potential for further growth and expansion if desired.
The property is being sold in conjunction with the residence located next door. A 1930's limestone home with return verandah and offering original jarrah floors in excellent condition. Includes ducted evaporative air-conditioning to all living areas and the four bedrooms, gas heating, high ceilings, as well as a newly renovated bathroom, laundry and second toilet / powder room.
The rear of the house features established easily maintained garden, garden shed & pool shed, chook house including 21 laying chooks, large new colourbond verandah, paved outdoor entertaining area overlooking in-ground saltwater pool with deep end along with 3 rainwater tanks (76,500 litres) servicing the house.
Kyancutta is a small, friendly, sports oriented town, surrounded by farming land and is located 13kms from Wudinna - the district's main service centre which includes a school, hospital, supermarket, chemist, hotel, bank, district council etc. The school bus stops at the front door of the residence.
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