Within the heart of the historic and charming Central Tilba, this opportunity offers a fully renovated, appealing, 3-bedroom residence with two shops at the front and two off-street parking spots.
The two shop fronts have separate power and are both renovated with separate entrance ways and a shared bathroom.
The beautifully restored country-style home, features 3 bedrooms and one bathroom, with an open-concept living area that seamlessly blends comfort and functionality. The modern kitchen opens out to the dining area which has access to the restored decks that give you the stunning north-facing outlook over Tilba foothills.
Shop 1 – Rental $450 per week (current lease in place with Bath Patisserie)
Shop 2 – Rental Potential - $350 per week (Share Bathroom)
3-bedroom Rental – Rental $400 per week
Total: $1,200 per week estimated Gross return of approx. 5.22%
The dual shopfronts at the front of your residence provide maximum visibility for the businesses in place - attracting foot traffic and creating a bustling atmosphere. Central Tilba is fast becoming one of the “must-see” attractions on the South Coast and now is the time for you to become a part of the action.
Key Features:
- 3-bedroom fully renovated residence with lease in place
- Dual shopfronts for maximum visibility and foot traffic.
- Shop 1 with a lease in place
- Shop 2 with rental potential of $350 per week
- 2 Off-street car parking spots – Concrete driveway – very rare in Central Tilba
- Loads of storage under the house
- Ideal location in the heart of Central Tilba
- Commercial opportunity for the rental of the 3 premises
Flexibility as well as you can convert back to one full residence only without any business when the leases expire for the current businesses.
Your ideal lifestyle awaits – act now and make it yours!
Council rates: Approximately $3,740.40 per annum
* DISCLAIMER: While Whale Coast Realty have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Whale Coast Realty urge prospective purchasers to make their own inquiries to verify the information contained herein.*
Features
- Balcony
- Courtyard
- Outdoor Entertainment Area
- Secure Parking
- Broadband Internet Available
- Dishwasher
- Floorboards
- Pay TV Access
- Grey Water System
