This beautiful shop and residence on approximately 1040 SQ Mts 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 Promontory 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 on the last of the commercial zoned blocks in town, this is a real growth area with huge business and growth potential.
Loch needs a venue that is open of an evening to service the B&B customers as well as the many locals, there are no business currently servicing this market, but there are also many daytime only business options that would benefit from being in “Loch Village”.
The ‘Rustic Cacao Factory and Cafe” 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 1br residence has lovely polished floors throughout and updated kitchen, additional bedrooms could be added subject to normal council permits and approvals.
There is a large garden area out the back with 2 lovely 100 year old Oak trees to sit under on those hot summer days, this could be used as a fantastic outdoor dining area for customers.
The 3 bay garage at the rear of the block is a great asset for the home handy man to play around in or use in conjunction with your business.
This property was the News agency and General Store for the area for many years and is currently run as “The Rustic Cacao Factory and Café” which is thriving and has current “Class 2” Food Registration.
The shop is being sold as a going concern with all the equipment needed to continue trading as a café to be left by the vendor at no charge, 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.
32 Victoria Rd, LOCH Gippsland, 3945 VIC, Australia