Special delivery: Own a piece of iconic Old Echuca Post Office

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.

“External improvements consist of a large paved area which is currently used for outdoor dining as an extension of Café 3564.

“The first floor is accessed via an attractive timber staircase that leads to two bedrooms, both with full ensuite bathrooms.

“Other parts of the building may also be for sale subject to private negotiations, and first right to negotiate will be offered to the successful purchaser.

“These include the café with outdoor dining at the front, four further residences, as well as one ground floor retail space currently tenanted by a long-standing tenant.”

Mr Morgan said Echuca is a thriving town and the location of the asset will be a real drawcard for potential buyers.

“The property is in the beautiful town of Echuca and is surrounded by existing commercial and residential properties,” he said.

“The asset is located in the epicentre of the Echuca Central Business District and is positioned prominently on the corner of Anstruther Street and Hare Street.

“Anyone who knows Echuca well will know how recognisable the building is and how well it stands out in the heart of the CBD.”

The asset will go under the hammer on-site on Friday 14 December at 1.30pm.