This may be one of the rarest investment opportunities in Coober Pedy for many years, nothing like this has come onto the market for a long time.
A double storey brick building overlooking the township main street, comprising retail and apartments.
The current profile of the building is:
Gound Floor:
• 14 tenancies
• 2• x 3 BR flats
• 2 x single storerooms
• 2 x 1 BR bedsit flats
• 2 x single front retail tenancies (1 with a mezzanine)
• 3 x double front retail tenancies
First Floor:
• 10 tenancies + laundry
• 3 x 2 BR flats
• 7 x 1 BR bedsits
• All flats furnished except 1
The property is being offered with vacant possession.
The site enjoys 3 street frontage and only one "door" from the main street.
The building requires total refurbishment of all tenancies and an exciting opportunity exists for a mixture of short and or long-term corporate tenants.
Expected rent income from site if made available today for lease is in the vicinity of $288,000 pa. Corporate tenants waiting to lease multiple staff accommodation.
Land approx. 2795 sqm.
Expression of Interest closes online at 4pm CDST, 11 December 2026.
Features
14 bedrooms
14 bathrooms
directions_car14 carspaces
500 m² floor area
crop_free2795 m² lot size
cottageHouse
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