Two Freehold Properties plus Accommodation Business
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This is an excellent opportunity to purchase two properties plus a business, on two titles, with plenty of income potential, in the historic town of Maryborough, Victoria.
Located within easy walking distance of Maryborough business centre and range of dining facilities, 58km from Ballarat, 70km from Bendigo, and 168km from Melbourne. Many Maryborough buildings date back to the Gold Rush days with handsome historic buildings illuminated at night, while parks, lakes, lovely old ironbark forests with wildflowers, wineries, markets, gold detecting and a thriving artist community are popular with visitors.
This freehold opportunity is perfectly placed to cash in on the area's growing tourism business, currently offering short-term stays in two heritage-listed properties, along with income from the self contained UNIT rental.
The first property comprises a two-storey building with attached retail outlet (Corner Store), kitchen, laundry, bungalow and carports. Private living quarters include a double bedroom with ensuite, kitchen/living area and storage room.
The Corner Store is currently operating as a fashion outlet, and would lend itself to the establishment of a restaurant or coffee shop - STCA. This property was built as a hotel, and has a history as a food outlet while currently being operated as a commercial business.
The second property comprises of a modern two-bedroom unit with open plan kitchen and living, toilet, bathroom with shower, bath and hand basin, laundry, courtyard and storage shed.
At a glance:
- Ideal retirement opportunity for secure investment of capital with ability to live on site while conducting a business venture.
- Alternatively the first property, which has a shared rear entry with the second property, could be sold separately with option to take over the accommodation business.
- Land sizes: 269sqm and 460sqm.
- The business (Bristol House Accommodation) comprises all chattels and guest list as going concern.
The current owners have enjoyed a good passive income from this business for 12 years and are ready to retire.