115 Angle Vale Road

Angle Vale SA 5117

SITE DETAILS
Total site area of 6,528 square metres (approximately).

LOCATION
The property is located on the northern side of Angle Vale Road, east of Heaslip Road and approximately 110 metres from Broster Road.

IMPROVEMENTS
The business of Angle Vale Seed and Fodder occupies two sheds, one of 224 square metres and one of 182 square metres (approximately), both with ducted, evaporative air-conditioning. Shed 1 has an office and a new, built-in cool room together with a lined roof and toilet facilities. Shed 2 has a new roof. A septic waste system is connected and there is a rainwater tank. A bitumen carpark with approximately 13 spaces is available for customers in front of Shed 1 (store), with rear parking for staff and/or loading; a separate storage area is available on the front, far right hand side. A common area at the left entrance, with a concrete pad, could be used as display area. Six animal sheds, with a separate, covered storage bay and 5 bird cages, are located at the back on the left hand side where the previous occupants produced their own poultry for sale.

In the middle of the rear property is a Fairmont-built residence of approximately 130 square metres with side and rear gardens. It offers four bedrooms, two bathrooms, and two living areas. It can be accessed by a separate driveway and it offers the potential for owner / occupiers to move into and run their business from there or to continue the existing lease.

A new shed of 180 square metres, with an approximately 6 metre high ceiling, is located to the east of the residence, also at the rear of the site. It has a concrete floor, underground power and lights. A rainwater tank is available on the back of the building. It has its own driveway with access to Angle Vale Road. A number of fruit trees are part of this area.

West of the Angle Vale Seed and Fodder business is a new shed of 54 square metres (approximately) with roller doors, a gravel carpark, aswell as a carport/side shed, all ready to be leased.

DEVELOPMENT POTENTIAL
The property is 6528m2 and located in a Suburban Neighbourhood Zone, with potential for sub division (STCC). The current land use is for farm products / warehousing storage and silos (excl. stockyards). The subdivisional potential for dwellings requires that, where the site or allotment has an on-site waste water disposal scheme, there be a minimum area of 1800m2 with minimum of 15 metres frontage and, therefore, a sub division of 1 into 3 may be possible (STCC).

SUMMARY
An excellent opportunity for Investors / Developers / Owner Occupiers to achieve a good annual return on their investment. There is also a long-term opportunity for obtaining returns through sub-division (STCC).

This facility is offered for sale for $750,000.

For further information and inspections please contact CE Property Group on 0488 180 006 / 8280 0033.