Your Opportunity to Own and Operate Your Own Business
A Rare Country Lifestyle & Business OpportunityOpportunities to purchase an established business with an attached residence at an affordable entry price are becoming increasingly rare.
Elders Real Estate are delighted to present this unique opportunity to purchase an established small business, comfortable family residence and substantial shedding, all in the heart of the renowned Mallee farming district.
Located on the Mallee Highway, this well-positioned property enjoys excellent main-road exposure and a steady flow of passing traffic. Situated just 29km from Ouyen, the business services a wide area of farming families, local residents and surrounding small townships.
With an existing customer base, highway exposure, Australia Post service, established infrastructure and considerable scope to expand trading hours and product offerings, this property provides the foundations for someone ready to embrace both business ownership and country living.
Comfortable Three-Bedroom Residence
Attached to the business is a comfortable three-bedroom residence, making this an ideal live-and-work opportunity for a mature couple, young family or owner-operator looking to enjoy a simpler country lifestyle while running their own business.
The home comprises:
• Three bedrooms
• Separate lounge room
• Country-style kitchen
• Renovated bathroom
• Covered outdoor entertaining area
• Wood heater
• Evaporative cooling
• Split-system air conditioning to all three bedrooms
The residence offers the convenience of having your home and business together, eliminating the daily commute and allowing you to be part of a welcoming rural community.
Excellent Shedding & Land
The property sits on approximately 1,011m² (¼ acre) and includes a substantial 12m x 6m steel-framed lock-up shed, providing plenty of room for storage, vehicles, equipment or additional business requirements.
Rear lane access adds further convenience and flexibility.
Established Business with Scope to Grow
Currently operating as a convenience store, takeaway food outlet and local post office, the business provides an excellent foundation for an energetic new owner to build upon.
The property is being offered on a walk-in, walk-out basis, including approximately $10,000 of current stock and supplies, together with all working plant and equipment.
The store features:
• Large walk-in display cool room
• Commercial kitchen
• Food cooking and heating facilities
• Convenience store shelving and equipment
• Existing stock and supplies
• Local Australia Post service
The post office currently returns approximately $55,000 per annum. The successful purchaser will be required to make their own application to Australia Post for the appropriate licence and approval to continue operating the post office service.
Fantastic Opportunity for Further Growth
Currently trading Monday to Friday, there is genuine potential to increase turnover by extending trading hours to include weekends and capitalising on additional highway traffic.
There is also scope to broaden the business offering and increase revenue through additional product lines, expanded takeaway options and, subject to the necessary approvals, the introduction of a liquor licence.
Being the only full-time convenience and takeaway store between Ouyen and Pinnaroo provides a strong point of difference and an excellent opportunity for a motivated purchaser to further develop the business and become an important service provider to the local community.
Whether you're looking for a lifestyle change, a family business or the opportunity to become part of a close-knit farming community, 17 Cregan Street, Walpeup deserves your inspection.
Features
General Features
- Property Type: House
- Bedrooms: 3
- Bathrooms: 1
- Land Size: 1,005 sqm
- Living Areas: 1
Indoor Features
- Toilets: 1
- Airconditioning
- Open Fireplace
Outdoor Features
- Garage Spaces: 3
- Shed
Other Features
- Car Parking - Surface
- Carpeted
- Close to Schools
- Exhaust
- Window Treatments
Can I afford 17 Cregan Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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