Tightly held and brimming with potential, this original 1970s brick home sits proudly just one street back from the sought-after Franklin Parade—steps to the sparkling shoreline, cafes, and coastal lifestyle that define Encounter Bay living. Set on a 700sqm allotment and zoned Local Activity Centre, this property offers far more than just a beachside escape. Whether you’re dreaming of a renovation project, holiday home, commercial venture, or savvy investment, the zoning unlocks rare flexibility with scope for home-based business, mixed-use development, retail or tourism services (STCC). Positioned in an area that draws both locals and holidaymakers year-round, the location could not be more strategic. Inside, the home offers a retro canvas ready to be styled to your liking: - Two generously sized bedrooms with built-in robes - Spacious living area at the front of the home - Functional kitchen and dining area with garden outlook - Original 1970s bathroom with separate WC - Laundry with external access - Covered entertaining patio for relaxed outdoor living - Detached 3.5m x 5.9m shed – perfect for storage or a future studio/workspace - Approximately 2,000 litres of rain water storage plumbed. The block is flat, fully usable, and framed by mature greenery with room to extend or reimagine (STCC). Whether you keep it as a comfy base for weekends away or take advantage of the zoning, the possibilities are exciting and extremely rare this close to the water. Make the most of its ideal location: - Franklin Parade and the Encounter Bay foreshore - Yilki Store and the ever-popular Beach House Café - Coastal walking trails, kayak launch spots, and whale-watching lookouts - 7 minutes to Victor Harbor town centre - 15 minutes to Port Elliot’s boutiques and beaches - Just over an hour to Adelaide CBD Zoning Highlights – Local Activity Centre: This flexible and future-focused zoning provides scope for: - Home-based consulting or creative studio - Boutique accommodation (STCC) - Retail, health services or food-related business - Mixed-use redevelopment (residential + commercial) Whether you're looking to renovate, invest, run a business from home, or simply enjoy laid-back beachside living, 16 Giles Street presents an exceptional opportunity in one of Encounter Bay’s most cherished locales. With the sea just moments away and the flexibility of Local Activity Centre zoning, this property offers the perfect blend of lifestyle and long-term potential. Now’s the time to secure your place in this vibrant coastal community—where every day feels like a holiday. Currently tenanted on a fix lease until 10/09/2025. Long term tenant for over 20years. SPECIFICATIONS CT – 5662 | 29 LAND SIZE - 700 sqm COUNCIL - Victor Harbor COUNCIL RATES -$2075.15 YEAR BUILT – 1970 (approx) All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Property Code: 315