An exceptional opportunity awaits in the thriving Eyre Peninsula seaside township of Tumby Bay. Perfectly positioned in the central business district, this versatile commercial property boasts a prominent corner location with excellent street frontage and high pedestrian visibility.
The property has a flexible layout comprising four to five lettable shopfronts, offering a rare mix of secure rental income and owner occupier potential.
There are currently three established tenants:
1. Patches at the Bay - Sewing, quilting & retail (occupying two shop frontages)
2. Mr Pelly - Giftware and clothing boutique
3. Creative Crew - Art, craft workshop & retail
With one vacant tenancy (Shop 5) - ideal for your own business or a new tenant
Located on high-traffic Lipson Road, a main street hub, which is ideal for investors, owner-occupiers or a hybrid business model.
View the extensive floor plan for a detailed site overview.
And if that wasn't enough, this is your chance to purchase one of Tumby Bay's best street artworks and a piece of history!
With Tumby Bay's popularity growing as both a tourist destination and regional hub, this property offers long-term potential and immediate appeal. For further information or to arrange a private inspection, contact Jordan Foster.
Things to consider: Given the property is tenanted, if the purchaser and vendor are registered for GST, the property should qualify for the going concern exemption and GST may not be applicable. However, GST will be payable in addition to the purchase price if the purchaser is not registered for GST or should the ATO disagree that the GST exemption does not apply.
The Vendor and their Agent provide no guarantee that the above information is accurate and it is advised that you seek confirmation and independent advice from your own accountant.
Council Rates 2024/2025 Total Liability: $2,445.09 *
SA Water 2024/2025: Supply Charge $TBA + Water Usage *
Emergency Services Levy 2024/2025: $257.25 *
* All amounts are approximate and should be independently verified
Disclaimer: Measurements and boundary outlines are approximate and are to be used as a guide only. All information provided including rates, distances, furnishes, finishes and inclusions have been obtained from sources we believe to be accurate including but not limited to the Vendor; however, we cannot guarantee its accuracy. Anticipated rental amounts are not a sworn valuation and are an opinion only. We take no liability for any errors or omissions. Interested parties should conduct their own research to verify the accuracy of the information provided. RLA318733
Added 09 October, 2025
Property ID: #L36068876