This beautifully renovated shop and residence on land of approximately 1,040m² is in the lovely tourist town of 'Loch Village' in South Gippsland which is approximately 1 hour from Melbourne CBD, and around 25 minutes from the proposed Koo Wee Rup International Airport.
Loch is a very tourist orientated town and is steadily becoming the new Daylesford of South Gippsland, being on route to Wilson's Prom and with easy access to the new growth areas in Melbourne's East it has become a destination for many. With the recent opening of multiple new B&B's this year and new shops currently being built in town, this is a real growth area with huge business potential.
Loch needs a venue that is open of an evening to service the B&B customers as well as the many locals.
The 'Rustic Cacao Factory and Café' is a unique investment opportunity due to its location, block size and ability to construct extra commercial buildings on site.
This property is on a prominent corner allotment that is a standout location as you enter Loch from Melbourne, and being zoned CZ1 commercial, it can be developed to suit the growing food culture of the town or whatever commercial business you may wish to pursue, this zoning and block size also allows for additional commercial buildings to be constructed fronting Clarence Street (the main road to Wonthaggi) if you wish to develop the property. Retail space in Loch is highly sort after, so by adding some nice 'Old Style' transportable buildings, a good rental return would be possible while maintaining the current shop/dwelling for your own use.
The attached 1-bedroom residence has lovely polished floors throughout and updated kitchen, additional bedrooms could be added subject to normal council permits and approvals.
There is a lovely large garden area out the back with a lovely 100-year-old Oak tree to sit under on those hot summer days, this area could be utilised as a fantastic outdoor dining area for customers.
This property was the Newsagency and General Store for the area for many years and is currently run as 'The Rustic Cacao Factory and Café' which is thriving.
The shop is being sold as a going concern with all the equipment needed to continue trading to be left by the vendor, so no GST is applicable.
If you are looking for a life change and to set up a business or invest in a nice friendly country town, close to Melbourne, then don't let this opportunity pass you by.
