Price Undisclosed

3 Bed  •  1 Bath  •  2 Car  •  1012m²

Main view of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
Third view of Homely house listing, Address available on request
+13

Sold

Address available on request

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Price Undisclosed

  • 3
  • 1
  • 2
  • 1012m²

House Sold on Tue 17 Nov, 2015

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House description

“Flexible Freehold & Leasehold Options in Tyalgum”

Secure this outstanding property with versatility;

Option 1. Freehold' building comprising 3 existing commercial tenancies, providing a stable income stream of 12% pa and a separate residence (reside in or lease)

Option 2. Purchase 108 yr old General Store business

Option 3. Purchase Post Office

Option 4. Package deal freehold and both businesses!
After 10 years, the vendors are ready to sell to relocate south.

The property encompasses 1012m2, with front & rear street access and enjoys a main street frontage to the thriving Tyalgum village centre. It has been thoughtfully renovated by the current owners: freshly painted, new electrical wiring, fences and much more. It incorporates:

1. The General Store premises - 185m2 (circa 1920). Restored with high regard to the heritage value of the building, retaining original features such as 15ft high pressed metal ceilings (approx.), large bay windows and original street facade. Appropriate updates include a substantial display Cold Room. Lettable area has plenty of space to re-arrange usage and accommodate 1 or even 2 additional tenancies with street frontage. Ideal for caf/restaurant/boutique retail.

2. Post Office - 66.5m2. Newly shop-fitted and designed for future growth. Stable and secure Mon Fri business. Needs equivalent of 1.5 persons to operate. Great foot traffic from store and gallery.

3. Gallery 49.8m2 (original 1908 structure), is positioned at the rear of the courtyard frontage to Coolman Street with long standing tenant.

4. The residence - 127m2 (1915), situated at the rear of the property is accessed from the rear lane and provides car accommodation and parking for up to 4 cars (2 carports plus 2 car spaces) with a fenced, private courtyard. It offers two levels of amenity comprising an open plan living, dining and kitchen on the ground level, master bedroom with built-in robe, a new bathroom, separate toilet and laundry. The upper level features two queen size bedrooms and a second living area. Modern updates include gas hot water and heating, air conditioned bedrooms (1 & 2), fans and gas cooking. All original features have been retained including; original hardwood floors, vj board linings and cathedral ceilings. Even room to add en-suite off main bedroom.

Contact the agent, Belinda Franks on 0409 152200 for further information and a personal inspection.

Property features

airConditioning

Air Conditioning

alarmSystem

Alarm System

Land details

Area: 1012m²

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