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House
Investment Opportunity - Prominent Commercial Location amp; Residence
71 Main Street, Alstonville, NSW, 2477, Australia
5
2
2
1013 m²
About this Property
An opportunity to purchase such a diverse investment is a rarity ... with income from commercial amp; residential and with future development potential (s.t.c.a). Located in the Alstonville CBD within easy walking access to Alstonville's shops, doctors, sporting fields amp; schools. Excellent exposure from passing traffic.
A bustling food amp; homewares commercial shop fronts onto Alstonville's Main St amp; has recently signed a new 5 x 5-year lease at $23,400pa (ex GST) with yearly CPI rent reviews. The lease commenced on 23/11/23.
The attached residence has potentially 5-6 bedrooms, plus a sleepout, two bathrooms, an open plan kitchen, dining amp; family area plus there's a large backyard to utilise. A renovation of the residence would create an opportunity to increase the current weekly rent. There is potential to convert the residence to an office space or consultation rooms (s.t.c.a.). Currently, the 1-year lease commenced on 25/1/24 at $27,530 pa. NB: New roof installed in 2021.
With BLEP 2012 - E1 Local Centre zoning there is potential for a boundary realignment of the existing two lots (Lots 6 amp; 7) to create separate shop top housing or a residential dwelling a the rear of the property. Alternatively, with land size of 1,013sqm also opportunity for expansion of the existing commercial space, via a extending the building or by creating more customer/tenant car parking (s.t.c.a.). Consultant reports commissioned by the current owners for a potential DA are available to review on request for serious buyers and include planning, design, environmental, building and accessibility considerations. Pre DA meeting notes from Council are also available.
An investment opportunity to purchase in Alstonville's tightly held Main Street.
For all enquiries, please contact Exclusive Agents: Richard Campbell 0414 286138 or Tim Jeffery 0404 146371.
A bustling food amp; homewares commercial shop fronts onto Alstonville's Main St amp; has recently signed a new 5 x 5-year lease at $23,400pa (ex GST) with yearly CPI rent reviews. The lease commenced on 23/11/23.
The attached residence has potentially 5-6 bedrooms, plus a sleepout, two bathrooms, an open plan kitchen, dining amp; family area plus there's a large backyard to utilise. A renovation of the residence would create an opportunity to increase the current weekly rent. There is potential to convert the residence to an office space or consultation rooms (s.t.c.a.). Currently, the 1-year lease commenced on 25/1/24 at $27,530 pa. NB: New roof installed in 2021.
With BLEP 2012 - E1 Local Centre zoning there is potential for a boundary realignment of the existing two lots (Lots 6 amp; 7) to create separate shop top housing or a residential dwelling a the rear of the property. Alternatively, with land size of 1,013sqm also opportunity for expansion of the existing commercial space, via a extending the building or by creating more customer/tenant car parking (s.t.c.a.). Consultant reports commissioned by the current owners for a potential DA are available to review on request for serious buyers and include planning, design, environmental, building and accessibility considerations. Pre DA meeting notes from Council are also available.
An investment opportunity to purchase in Alstonville's tightly held Main Street.
For all enquiries, please contact Exclusive Agents: Richard Campbell 0414 286138 or Tim Jeffery 0404 146371.
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+ 61 0414 286 138
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More Details on 71 Main Street, Alstonville NSW
How many bedrooms and bathrooms does 71 Main Street, Alstonville have?
71 Main Street, Alstonville is a 5 bedroom, 2 bathroom house.
Who is the agency that listed 71 Main Street, Alstonville?
The agency who listed 71 Main Street, Alstonville is LJ Hooker Alstonville - you can contact the agents here.
How many car spots does 71 Main Street, Alstonville have?
71 Main Street, Alstonville is a 2 car spot home.
How much is 71 Main Street, Alstonville?
The price of 71 Main Street, Alstonville is Investment Opportunity - Prominent Commercial Location amp; Residence - contact the agents to find out more.