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9 Rankine Street Strathalbyn, SA 5255

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9 Rankine Street,
Strathalbyn, SA 5255

Hotel, Motel & Leisure • Other

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*LEASED BY VENTURE COMMERCIAL*

  • Quality presented restaurant premises
  • plus first floor residential apartment
  • Nearly new - built 2012
High quality restaurant premises with first floor residential apartment located in the beautiful town of Strathalbyn. The landlords have designed the building’s layout cleverly combining practicality and style. The building works were completed in 2012 with stunning results.

The exquisitely presented restaurant area seats 60 with further capacity for many more utilising the rear courtyard area for alfresco dining and functions. The purpose built kitchen is a chef’s delight and has been extremely well planned in its layout, linking with delivery access plus storeroom and coolroom. A separate servery area at the front of the building with its own entrance and link through to the kitchen enables a takeaway service to be operated without any disturbance for the main restaurant. The stylish bar to one side of the restaurant and the wine cellar with staircase access, complete the restaurant’s classy ambience.

Male, female and disabled access WC’s plus a laundry are located in a separate block adjacent to the rear courtyard. A car park/rear yard, plus a car port and garage/retreat are located at the rear of the site.
The building is equipped with reverse cycle air conditioning – a cassette system in the dining area and a ducted system elsewhere.

On the first floor there is a spacious two bedroom, two bathroom apartment. The apartment has its own entrance but is also internally linked to the restaurant. A private balcony spanning the width of the building, provides serene and elevated views towards the adjoining Angas River Linear Reserve.

Strathalbyn is a charming and historic town located approximately 56 kms south-east of Adelaide. It enjoys a steady stream of visitors who come to explore the historic town’s architecture, antiques, arts, crafts and coffee shops. The town is also a central business and retail hub for the surrounding area. It captures holiday traffic travelling on to Lake Alexandrina and the southern beaches of Goolwa, Middleton, Port Elliot and Victor Harbor, plus the nearby wine regions of Langhorne Creek and Currency Creek.

Approx net internal areas:
Main building ground floor 207 sqm
Wine cellar 20 sqm
Amenity block 32 sqm
First floor apartment 90 sqm
First floor balcony 22 sqm
Car port & garage/retreat 70 sqm

Site Area approximately 1,100 sq.m
Frontage to Rankine Street of approximately 15.5m
Zoned within Dawson Street Historic (Conservation) Policy Area 1 (Alexandrina Council)
Liquor Restaurant Licence stays with the property

The restaurant has recently suspended trading due to recent changes in circumstance for the landlords. The property is now available for lease at a reduced rent of $67,600 per annum ($1,300 per week) plus outgoings and GST.
Alternatively, the property is for sale at the new price of $879,000, plus plant and equipment.

For further information to arrange a time to feast your eyes on this very special property, please contact business sales and commercial property specialists, Venture Commercial RLA 251076:
Harry Sanders 0431 057346
or Nigel Grivell 0414 257 999

Property ID: 501037343Last Updated: 14 Jun 2016

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