85-87 Gray Street,
Mount Gambier, SA 5290
Key property information
Map of 85-87 Gray Street
Superb Supported Accommodation Facility with Adaptable Improvements
- Well maintained 48 place facility
- Predominantly single bedroom/ensuite
- Strategic land holding of 6,283sqm
The centrally located facility with its significant and well-appointed improvements and in-built expansion potential make this is a rare opportunity to acquire a superb supported accommodation complex for ongoing use or reconfiguration/conversion into alternative accommodation including boarding house, workers accommodation, crisis accommodation, motel etc.
Key Investment Features include:
• Well maintained 48 place supported accommodation facility
• Licenced for up to 57 residents
• Modern accommodation - predominantly single bedroom with ensuites
• Prominent position in the market landscape
• 300 metres from Mount Gambier’s CBD
• Strategic land holding of 6,283 sqm*
• Expansion potential
• Extensive on-site facilities
• Multi sector appeal including supported accommodation, boarding house, workers accommodation, crisis accommodation, motel etc.
The central location of the facility within the Mount Gambier township, combined with the extensive and adaptable improvements and in-built expansion potential combine to provide a range of opportunities for investors and operators seeking exposure to this very significant regional centre.
For Sale by Expressions of Interest closing 4.00pm (CST) Thursday 12th July 2018 at the Adelaide office of Colliers International.
Property ID: 502832706Last Updated: 3 Dec 2018
Contact AgentFormer TV Studio, 51 John Watson Drive,Mount Gambier, SA 5290
Contact Agent86 Jubilee Highway,Mount Gambier, SA 5290
Contact Agent7 Percy Street,Mount Gambier, SA 5290