Opportunity to invest in iconic commercial real estate doesn't come around all that often.
Combine a historical landmark with an approved planning permit to further develop this solid investment with accommodation apartments and you have the ability for strong returns into the future.
The property has a wealth of history dating back to circa 1880, when the sandstone building was constructed. A solid brick building taking in the design of a bygone era with the potential to bring the décor into the modern world.
Renovate the current commercial premise to create a stylish Bed and Breakfast accommodation centre, vibrant hospitality hub, professional office space or managers residence.
The approved planning permit for a further 8 accommodation apartments at the rear, creates a further investment advantage to the property.
With a land parcel of approximately 1000m2 there is ample land for the development and access is via Little Johnson Street.
This is a rare opportunity to acquire a quality commercial property with history, character and fantastic potential returns.