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Victor Harbor, 45 Ocean Street

An Iconic Building in Prime Location

$2,550,000 - $2,800,000 plus GST

Listing Number: SVH26553
About this listing
Rarely do you get the opportunity to purchase/lease such a landmark building, located in the very heart of the Victor Harbor township, presented in wonderful condition and offering so much Commercial potential, be it in the office, retail, or restaurant space subject to the necessary Council consents.

This prominent two storey building was built Circa 1928 and opened as the Savings Bank of South Australia - until very recently, it has been the local Bank SA branch. The building is built of stone on a very prominent corner intersection and commands attention. By viewing the aerial photos you will see how central the building is to all of Victor Harbors main attractions, being only a short walk to the beach off Flinders Parade and the Causeway linking Granite Island to the mainland.

The ground floor is open plan measuring some 460m2 (approx.) and was the banking chamber with security screened counter, bank vault, work stations and three offices. The first floor (203m2 approx) was formerly the managers residence and has since been used as office space, kitchen/meals area, store room with male and female toilets.

The City of Victor Harbor is the coastal hotspot of South Australia, being the popular holiday destination of choice for those living in the capital city of Adelaide, being only an hour and fifteen minutes comfortable drive, passing through the McLaren vale wine region. Increasingly, due to the most affordable nature of living on the south coast, coupled with the magnificent safe lifestyle, increasing tourism (holiday & whale watching destination) we are witnessing rapid expansion with unprecedented growth. Capital investment currently taking place, includes the new $25m Aquatic Centre, Aldi and the soon to be built Coles and Bunnings stores.

This iconic property is being offered either for sale or lease by expression of interest with a price guide of $2.5m exclusive of GST. For those looking to lease the current owner would contribute to a renovation to accommodate their needs. Lease is $150,000pa + GST and outgoings.

Without question one of the most exciting Commercial opportunities in the tourism hub of Victor Harbor.
Property Information
  • Land Size: 521 sqm
  • Property Type: Office, Retail
  • Property Features: Building Name: Savings Bank of South Australia

Contact Details

Harcourts South Coast RLA 228117

138 Hindmarsh Road
Victor Harbor
Office website

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