56 East Terrace, Loxton SA 5333

Priced for a definite sale is this stately double brick 5 bedroom residence with attached commercial premises. Located in the main street of Loxton, easy walking distance to all amenities, this former bank and manager's residence circa 1927, puts you in the centre of village life and offers lovely views of parklands and the Murray River from it's elevated position. The property is set on a generous corner allotment with excellent accommodation for up to 5 vehicles. The building lends itself to multiple tenancies, B&B, a restaurant or café/espresso bar, the opportunities are limitless, offering the potential for an excellent return. The location is sure to attract solid interest from business owner / operators and investors.
The residence offers classical old world charm, featuring high ceilings throughout, stained glass windows at the main entrance, a wide passage featuring rich jarrah polished floors leading to the formal lounge with open fire, formal dining room and magnificent baltic pine staircase which takes you upstairs to the air conditioned 4 double and 1 single bedrooms and main bathroom. To the rear of the property on the ground floor is a generous cellar perfect for an extensive wine collection, kitchen with walk in pantry, casual meals area which captures the morning sun, laundry and second toilet.
The old bank with it's majestic Greek style columns is the commercial section of the building. It has been designed to be easily tenanted separately to the main residence and includes a large and inviting reception area, 3-4 consulting rooms, his and hers toilets, kitchen, office area, safe, and cleaners rooms.
Prominently located in the main street and directly across the road from the award winning Loxton community hotel, this premises will offer any astute business owner the exposure they need for their venture.
Extensive improvements completed recently include: resealed roof and guttering; the entire facade has been repainted; fresh paint throughout commercial premises; modern built in robe in the main bedroom and bedroom floors have been polished or carpeted.
The back yard is fully fenced with easy care lawn, entertainment deck and undercover area, 4 car colourbond secure garage and shed as well as a 22500 litre rainwater tank.
Reminiscent of a bygone era, this iconic property is awaiting new owners looking for a magnificent lifestyle in the heart of the lovely Riverland town of Loxton.