Hardware, Garden Centre and Building Supplies Business on Magnificent Kangaroo Island.New Listing.

Hardware, Garden Centre and Building Supplies Business on Magnificent Kangaroo Island

• Nothing else like it
• Winner, 2013 Mitre 10 National Store Award – Large Format Store
• Located in a unique island setting, just off the South Australian Coast, this one of a kind investment opportunity will help you realise your financial and business goals while allowing you to embrace a lifestyle unlike any other.
• With its friendly community atmosphere and abundant natural beauty, the lifestyle available on the island is a once in a lifetime opportunity. Seven times the size of Singapore, the island is alive with native bushland and wildlife and bordered by superb beaches. More than just pretty, it also has an excellent infrastructure including school and hospital.
• Don’t forget you’ll also only be a 45 minutes ferry ride from the vibrant, dynamic city of Adelaide.
• Located on magnificent Kangaroo Island, this multidimensional business has been a key provider to the local community for over 35 years. Its various range of services and products include:
• Extensive Hardware Range
• Garden Centre with Large Nursery
• In terms of its hardware operation the business is a member of the Mitre 10 group – benefiting from the group’s unbeatable buying power, product catalogues, national and local marketing.
• As the main supplier of its kind servicing the island, the business has developed a large repeat retail and trade client base generating significant turnover and income.
• Situated in the island’s main commercial area, the business operates from an 11,000sqm property which includes the two main buildings; one used for hardware (2,200sqm) and the other, building supplies (2,320sqm).
• The property also includes a 3-bedroom residence. Currently used for storage, the residence could be easily renovated and would make an ideal first home for someone new to the island. The freehold title to the property and buildings is included in the asking price and is a valuable investment in its own right.

Asking price:

$7.5 Million + SAV

Code SB8-010