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Address available on request Stirling, SA 5152

Address available on request,
Stirling, SA 5152

Hotel & Leisure • Other

Price information

Sale

$1,400,000

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

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Directions

Commercial Investment with Long Term Tenant

  • Long term tenant in place
  • Unique freehold opportunity
  • Extensively renovated
Currently home to the famous Sticky Rice Cooking School and Villa Accommodation - the business will remain unaffected and will negotiate a long term lease at $100,000 + GST per annum (to be negotiated).

Nestled on the outskirts of the picturesque suburb of Stirling in the Adelaide Hills only moments from the South Eastern Freeway. The 2,100 square metre property's original building, which dates back to the 1940s, functioned as a hub for the local community and was once a post office, then a deli, then a multipurpose retail space. The building underwent extensive renovation, taking on an Asian theme to create the basis of what is now the well known Sticky Rice Cooking School, including upgraded reception/ entry foyer, private office space, large open plan cooking area and extensive outdoor cooking space.

In 2012, tucked behind the original building , three architecturally designed B&B villas were built. Away from the road and with an onsite car park and private enclosed gardens, all the villas are both luxurious and peaceful. Comprising a spacious 70m2, each have their own private courtyard, a well-appointed Jag kitchen, under floor heating, reverse cycle air conditioning, remote controlled block out blinds, a huge bedroom, ensuite bathroom and magnificent private garden, showcased through the floor to ceiling windows and French doors.

The business will continue to operate as normal and will enter into a long term lease upon settlement with the new owner. The rent is to be $100,000 per annum (to be negotiated) with a long term lease of 5+5+5.

Melanie Winter 0408 085 932


RLA 283100

Additional information

External websites

Property ID: 503109630Last Updated: 14 Feb 2020

0408 *** ***
Address available on request
Stirling, SA 5152

Agency contacts

Raine & Horne Business Sales - KENT TOWN
Raine & Horne Business Sales - KENT TOWN
35 Dequetteville Terrace
KENT TOWN, SA 5067
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Melanie Winter

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Melanie Winter
Raine & Horne Business Sales - KENT TOWN
Address available on request Stirling, SA 5152

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Melanie Winter

    Melanie Winter

    Raine & Horne Business Sales - KENT TOWN
    0408 *** ***