19 King Street, Paterson NSW 2421

Originating in circa 1902, this federation masterpiece is a must see!

An exciting and versatile opportunity awaits.

Situated in Paterson, a rural village on the Paterson River, this glorious property is a two-storey double brick building with a stunning North facing aspect outlook, wrap around verandah, large garaging and plenty of carparking facilities.

Currently being utilised as an bed and breakfast 7 days a week with a café and restaurant operating 3 out of the 7 days. With a commercial kitchen, dining area, separate bar room and an outdoor BBQ are, the possibilities are endless for a place like this. Dining options extend to outdoors as well and there is also approval for a liquor license to extend the hospitality options.
The building consists of 6 bedrooms, all with ensuites, plus a self-contained flat (or 7th bedroom if needed).

The property would also suit someone looking to create a warm and welcoming home for their ever-growing family and raise your kids in a piece of history! Or capitalise on the limited availability for accommodation in the area and run a quaint B&B. The cafe/estaurant can be leased separately or owner operated, the choice is yours!

Functions & Weddings happen regularly at Tocal Homestead so the ability to capitalise on the accommodation side of things is ever growing! Also, the business has catered for small weddings and functions itself.

Paterson is a sought-after unique town and only a short drive to the centre of Maitland which is one of the fastest growing areas in NSW. Paterson also consists of a growing population and plenty of local businesses that have been the staple of this peaceful township for many years.

Local Paterson Primary school plus Dungog & Maitland mean plenty of families in the area, railway station for daily commuting to Maitland, Newcastle & Dungog. Paterson is located South of Gresford, Stroud, Dungog, Gloucester and Barrington Tops. It is a 1 hour drive to the beaches of Newcastle and only 40 minutes to the beautiful Hunter Valley.

A freehold business with good income and ample potential for expansion. A beautiful property and location to call home for the large or growing family or a combination of both! Can be sold as a going concern (WIWO).

Rarely does such a diverse opportunity arise. Call me to discuss a viewing or to find out more information!