2 West Terrace Littlehampton, SA 5250

For genuine sale as one of the last commercial development sites in the heart of busy Littlehampton is this large allotment ripe for the prudent investor, nestor or developer.

The land sits near the Junction Road intersection with all of the traffic generated by the fruit market, hotel and childcare centre as well as the high volume of visitors and commuters using the main street and West Terrace.

Zoned commercial/residential, the site is perfectly suited to retail and service use or residential units (subject to Council consents).

Making this an even more attractive and practical investment is the existing lease on the existing three-bedroom timber frame residence, which generates $355 per week until January 2022: an immediate return on your investment while design and planning approval are completed.

Littlehampton's main street has become a high-value commercial precinct that enjoys proximity to the freeway, the city and Mount Barker while retaining its Hills village atmosphere. Its retail and hospitality attractions are steadily expanding and quality residential developments have attracted more and more families to the town and its unique lifestyle-friendly position between Mount Barker and the Onkaparinga Valley.

Few properties offer such diversity, potential and good value in the upbeat future of Littlehampton.

Key features:

• Large allotment (984 square metres)
• Zoned for Commercial or Residential use
• High exposure position in central Littlehampton with high volume of traffic and a moment's walk from existing retail, hospitality, schools, kindy, childcare and most service businesses
• Existing cottage c1988 leased with good returns until 21 January 2022 (lease $355/wk).
• For definite sale