Contract and Form 1 available upon request
Positioned within the iconic and historically significant Victorian-era precinct of Hutt Street, this Torrens-titled character shop and residence offers a rare opportunity to secure a dual-use property (on 1 single Title for both 146 & 146a) in one of Adelaide's most vibrant rich café districts and desirable locations; (potential per annum gross returns of near $70k approx. Commercial side $32k approx. / Residential side $36,400 - $37,440 approx.)
This predominantly solid brick and stone residence with commercial frontage seamlessly blends old-world charm with contemporary upgrades, making it the perfect fit for owner-occupiers, investors, or Airbnb entrepreneurs.
Residential Features:
Beautifully extended with solid brick and modern updates throughout
Two enormous king-sized bedrooms one with elevated eastern views, the other overlooking charming Hutt Street
Open-plan kitchen, meals and living area with bifold timber doors flowing to a private rear courtyard
Updated kitchen with gas cooktop, excellent storage, and instantaneous gas hot water
European laundry and stylishly renovated bathroom with floor-to-ceiling tiles
Up to near 11-foot ceilings, decorative Cove Cornice, and abundant natural light
Remote-access double carport with extra height clearance via rear laneway
Commercial Opportunity:
Front café premises under lease until 2029, +3, returning approx. $32,000 p.a. (excl. GST) with built-in CPI increases
Bank guarantee of approx. $7,000 in place
Comprising a main shopfront with two main rooms including a veranda, kitchen/prep area, storerooms, and toilet
Live in, rent out, or unlock premium returns through Airbnb the choice is yours. With potential support from City of Adelaide heritage incentives (STCC), this is an investment in both lifestyle and legacy.
Own a slice of Adelaide's past while securing your financial future.
Contact me today to explore this rare and versatile opportunity on prestigious Hutt Street.
CT / Vol.5600 Fol.357
Land Size / 179sqm approx.
Torrens Title
Zone . Subzone / CMS - City Main Street . CiHS - City High Street
Commercial Rent (146 Hutt St) / $32k ex. GST p.a. approx. plus outgoings
Residential Rental Appraisal (146a Hutt St) / $700 - $720 p.w. / $36,400 - $37,440 p.a. approx.
