Block size: 2835 m² approx.Retail size: 1610 m² approx.
The Settlement shops were built in 1874 by Frederick Hall who then sold the property to Henry Blackburn in 1881. Blackburn and Sons were the major store in the district, supplying every item from groceries to hardware, fashion to fuel. In 1973 John Blackburn, grandson of Henry, transformed the old store into a complex of shops, restaurants, an art gallery, offices and flats which catered for a whole range of uses. The shops are an iconic landmark in Milton and have been a sound investment for over 150 years. • High profile investment property • Well established tenants with long leases • Currently 19 retail outlets • Gross annual income $343,606.32 p.a • Total land area 2835 SQM • Net leasable area 1610 SQM • Two street frontages • Further development potential (STCA)
Private and discreet inspections by appointment.
Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Kearney's Real Estate trading as Ray White Surfside Properties Ulladulla toward the recipient with regard to the use of this information and all information given is given without responsibility.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.