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.
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