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HISTORIC INVESTMENT - EXCELLENT LEASE
17 WILLIAM STREET, BELLINGEN
$415,000
 
S*O*L*D - NOV 2006
 


Historic heritage property

   
 

This historic property in Bellingen's conservation area has been identified by renowned heritage architect Tim Shellshear as "probably one of the earliest houses remaining in Bellingen." It is DA approved for professional offices and currently leased to a 'blue chip' tenant @ $520 pw plus outgoings, 1 yr into a 3 + 3 yr lease with annual CPI increases. In very good condition with original red mahogany weatherboards, high ceilings, timber floors, French doors, ducted air conditioning and rear lane access, this is a rare opportunity.

   
 
VR Tour
   Streetscape Tour
 
VR Tour
   Inside Tour
  Sought after - William Street  
   
 

Located in one of Bellingen's most sought after streets this property offers an excellent position with numerous possibilities for the future - subject to council approval. Internally it has 3 separate offices, two with French doors to the verandah, plus a reception area, staff work area, kitchenette, toilet & bathroom, and ample storage. Externally there is an additional storage building (ex laundry), an additional toilet, a lock up garage and two additional car spaces. The garden is fully landscaped with many mature trees and maintenance is the responsibility of the tenant.

   
 
  Reception & staff work area Mature trees in backyard
   
 

This property could remain as professional offices, or it could be redeveloped as a residential home, B&B/holiday cottage accommodation, or something else - subject to council approval and upon the conclusion of the current lease.

If you have been looking to secure an historic investment property in Bellingen but have been disappointed with the return of residential property…here is your chance to purchase a heritage home offering far better returns than residential rent.

   
 
  One office with French doors Staff work area
   
 

Inspections are by appointment only - to arrange an inspection or to make further enquiries, please use the contact details below.

   

Next Listing>>

 

S*O*L*D - NOV 2006

 

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