Contract and Form 1 available upon request
Positioned within the iconic and historically significant Victorian-era precinct of Hutt Street, this Torrens-titled character shop and residence offers a rare opportunity to secure a dual-use property (on 1 single Title for both 146 & 146a) in one of Adelaide's most vibrant rich café districts and desirable locations; (potential per annum gross returns of near $70k approx. Commercial side $32k approx. / Residential side $36,400 - $37,440 approx.)
This predominantly solid brick and stone residence with commercial frontage seamlessly blends old-world charm with contemporary upgrades, making it the perfect fit for owner-occupiers, investors, or Airbnb entrepreneurs.
Residential Features:
• Beautifully extended with solid brick and modern updates throughout
• Two enormous king-sized bedrooms – one with elevated eastern views, the other overlooking charming Hutt Street
• Open-plan kitchen, meals and living area with bifold timber doors flowing to a private rear courtyard
• Updated kitchen with gas cooktop, excellent storage, and instantaneous gas hot water
• European laundry and stylishly renovated bathroom with floor-to-ceiling tiles
• Up to near 11-foot ceilings, decorative Cove Cornice, and abundant natural light
• Remote-access double carport with extra height clearance via rear laneway
Commercial Opportunity:
• Front café premises under lease until 2029, +3, returning approx. $32,000 p.a. (excl. GST) with built-in CPI increases
• Bank guarantee of approx. $7,000 in place
• Comprising a main shopfront with two main rooms including a veranda, kitchen/prep area, storerooms, and toilet
Live in, rent out, or unlock premium returns through Airbnb – the choice is yours. With potential support from City of Adelaide heritage incentives (STCC), this is an investment in both lifestyle and legacy.
Own a slice of Adelaide's past while securing your financial future.
Contact me today to explore this rare and versatile opportunity on prestigious Hutt Street.
CT / Vol.5600 Fol.357
Land Size / 179sqm approx.
Torrens Title
Zone . Subzone / CMS - City Main Street . CiHS - City High Street
Commercial Rent (146 Hutt St) / $32k ex. GST p.a. approx. plus outgoings
Residential Rental Appraisal (146a Hutt St) / $700 - $720 p.w. / $36,400 - $37,440 p.a. approx.
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