Sold Property

2 McKinlay Street, Victor Harbor, SA 5211

$780,000

Mark Forde Harcourts South Coast RLA 228117

Landmark Victor Property

A rare opportunity presents to acquire this iconic Victor Harbor building built Circa 1865. Located on a prime 660m2 allotment, being the corner of McKinlay and Coral Streets. The former ANZ Bank building has been the home to Workskil Australia since 2016 - a quality Tenant and Government funded organisation. The rendered stone building has many features, including a large welcoming reception area, Boardroom/Training Room, multiple offices, vault, large kitchen, male and female toilet facilities, is disability compliant and comes with ducted reverse cycle air conditioning and a security system.

The property is fenced with a 6 car carpark located at the rear of the property, accessed off McKinlay Street. The location is central Victor Harbor - from here you can walk to everything - the beach is just 200 metres away, hotels, cafes, restaurants, shopping and the Post Office all within easy reach.

The sale presents a rare investment opportunity to secure a magnificent superbly located building, on a very valuable central corner allotment, occupied by a quality tenant, representing at 7.3% - 7.8% yield. The property is being sold as a going concern with no GST payable. No Stamp Duty is payable on Commercial Property in South Australia. All outgoings are paid by the Tenant. Property ID: #SVH33547

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Sold Date

  • 18 August, 2020

Office

Harcourts South Coast RLA 228117

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Est. bond $1920

Sold Property

2 McKinlay Street, Victor Harbor, SA 5211

$780,000

Landmark Victor Property

A rare opportunity presents to acquire this iconic Victor Harbor building built Circa 1865. Located on a prime 660m2 allotment, being the corner of McKinlay and Coral Streets. The former ANZ Bank building has been the home to Workskil Australia since 2016 - a quality Tenant and Government funded organisation. The rendered stone building has many features, including a large welcoming reception area, Boardroom/Training Room, multiple offices, vault, large kitchen, male and female toilet facilities, is disability compliant and comes with ducted reverse cycle air conditioning and a security system.

The property is fenced with a 6 car carpark located at the rear of the property, accessed off McKinlay Street. The location is central Victor Harbor - from here you can walk to everything - the beach is just 200 metres away, hotels, cafes, restaurants, shopping and the Post Office all within easy reach.

The sale presents a rare investment opportunity to secure a magnificent superbly located building, on a very valuable central corner allotment, occupied by a quality tenant, representing at 7.3% - 7.8% yield. The property is being sold as a going concern with no GST payable. No Stamp Duty is payable on Commercial Property in South Australia. All outgoings are paid by the Tenant. Property ID: #SVH33547

Sold Date

  • 18 August, 2020

Mark Forde Harcourts South Coast RLA 228117

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Harcourts South Coast RLA 228117

Office Harcourts South Coast RLA 228117

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