BIDDERS will have the chance to purchase a piece of Victorian history with part of the Old Echuca Post Office set to go under the hammer at 234 Anstruther Street.
The part on offer comprises three bedrooms, all with ensuites, and an atrium/function room with an outdoor paved dining space complete with its own bar area. All are currently under lease to the Café 3564 Wine Bar & Tapa.
The asset is marketed by Ray White Commercial Oakleigh’s Commercial Sales/Leasing and Operations Manager Ryan Amler and Commercial/Industrial Sales and Leasing Consultant Joshua Colosimo, in conjunction with Ray White Echuca Principal Stephen Morgan.
Mr Amler said potential buyers will be blown away by how rare the opportunity is and the income returns that are on offer.
“Put simply, buildings of this calibre and location don’t come around very often,” he said.
“The Old Echuca Post office, complete with its own clocktower, was constructed Circa 1875 and underwent a full refurbishment by the current owners for which they received recognition through the Victorian building awards.
“The 429sq m* part of the building has Commercial 1 Zoning and provides a combined rental return of $60,480 p.a. net with 10 per cent annual increases.”
Mr Colosimo said the property has a number of features that will attract a wide array of potential bidders.
“The ground floor features a formal entry hallway, a master bedroom with full ensuite, a dressing room and a study/office.
“It features a large lounge/dining room with atrium and a timber ceiling design that was formerly the sorting room for the post office. There’s also a more modern extension with open kitchen/dining/lounge room with separate laundry/toilet.