34 Poynton Street
Ceduna SA 5690
$390,000
Amazing Opportunity – Thriving Business & Investment Property in Coastal Ceduna
Are you looking for a smart investment opportunity in the picturesque seaside town of Ceduna, South Australia? Look no further! We are excited to present 37 Poynton Street, a unique freehold property offering a lucrative laundromat business, tenanted retail shop, and potential residential development – all in one prime location.Property Overview
This substantial commercial building includes:
• A fully operational, high-performing laundromat business
• An adjoining tenanted retail shopfront currently leased to a popular local non-profit, "Flair on Eyre"
• Approved plans submitted to Council for conversion of the rear into a residential unit
• Additional potential for an extra shopfront or office space at the front of the building
• Located directly opposite Ceduna Foreshore Caravan Park and Hotel Motel, ensuring strong foot traffic from both locals and tourists
Business Features & Highlights
• Modern Equipment: Outfitted with state-of-the-art Maytag industrial washing machines, known for their reliability and performance, minimizing ongoing maintenance costs.
• Eco-Efficient: The business is powered by a solar energy system with battery storage, reducing operational expenses and carbon footprint. A bollarded above-ground gas tank efficiently fuels the machines.
• Consistent Revenue: This easy-to-run laundromat generates an average of $720 per week, with plenty of scope to add value and expand services (e.g. dry cleaning, wash-and-fold, vending).
• Established Customer Base: Loyal local and tourist clientele ensure reliable repeat business.
• Training Provided: Owner is happy to provide support and training during the handover period for a seamless transition.
Additional Property Inclusions
• Tenanted Retail Space: "Flair on Eyre", a well-known volunteer-run arts and crafts shop, pays a modest monthly rent. The space includes:
o Large shopfront with fluorescent lighting
o Carpeted interior
o Two ceiling fans
o Wall-mounted reverse cycle air conditioning
o Access to rear utility rooms
• Development Potential:
o Plans submitted to develop the rear of the building into a residential unit, featuring access via two existing roller doors (one to be replaced with a glass sliding door).
o Opportunity to add an extra business or office frontage with the installation of a glass entry door.
o Includes a two-room office space connecting to the proposed residential unit or secondary shopfront.
Why Invest Here?
• Prime Central Location in a growing coastal community
• Multiple income streams: laundromat, shop rental, future residential and commercial tenancy
• Sustainable operations with solar power and modern machinery
• Expansion-ready with submitted development plans and flexible floorplan
• Affordable Entry Price: Competitively priced for the value on offer
Enquire Today
This is a rare opportunity to acquire a fully equipped, income-generating property in the vibrant heart of Ceduna. Whether you're an investor, entrepreneur, or someone seeking a coastal lifestyle change, 37 Poynton Street is ready to deliver returns and growth.
Features
General Features
- Property Type: House
- Land Size: 428sqm
Other Features
- Close to Shops
- Roller Door Access
Can I afford 34 Poynton Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
Calculators
Elders Real Estate Wudinna
Enquire about 34 Poynton Street, Ceduna, SA, 5690