95 Main Street, Lobethal, SA 5241

FORMER RISING SUN HOTEL

For sale are the premises that have formerly operated as the Rising Sun Hotel, occupying a prominent position at the high end of Lobethal's Main Street. This property offers excellent potential for both commercial and residential redevelopment (STCC), making it an ideal opportunity for investors or those looking to create a unique live/work space in the heart of this charming town.

This is a vacant possession property sale - there is no business sale involved. The previous Hotel Liquor Licence has been surrendered. It is envisaged that this property will be redeveloped or refashioned by a purchaser, for a new use (STCC).

The property sale will follow a subdivision of the larger site which the Vendors have in progress. The premises will occupy a new Torrens Title parcel with a total site area or approximately 875 sqm. This is a corner site with frontage on the eastern boundary to Lobethal's Main Street, and on the northern boundary to Bridge Street. There is external area for off-street parking.

The building features multiple rooms - former bar, dining, gaming rooms, plus kitchen, male and female WC's and storerooms.
There is a grease trap.
The kitchen is fitted with a range of equipment (condition and functionality unverified)
Many fittings and fixtures, furniture and other chattel items left from the previous Hotel use can possibly be available for the purchaser, or otherwise will be cleared prior to settlement.

Total building area is 349.5 sqm.

Zoned 'Township Main Street', which is consistent with the rest of Lobethal's central strip. The zoning is supportive of a wide range of uses, including residential development (STCC), making this property an exciting opportunity for both commercial ventures and residential conversions.

With its central location, the property offers easy access to local amenities, including shops, schools, and public transport, providing great potential for residential living in a growing and welcoming community.

FOR SALE AT $695,000 (+ GST if applicable at the time of sale).

For sale in conjunction with Venture Commercial RLA251076