Ideal location for development boasting a 1619m2 block!

This gorgeous home offers an instant dream-worthy lifestyle, in the premium location of leafy East Orange. Moments to town, schools and cafes whilst still providing the scope for a future vision. Paired-back interiors, a soothing natural palette and incredible potential to utilise the 1,619m2 parcel of land to either subdivide or extend to create your dream home (STCA).
Having been run as a successful BandB with strong returns, you can leave things as is, while you plan ahead.

FEATURES
– 900m to the centre of town
– 950m to Kinross Wolaroi School
– 91m to Bill Beans coffee shop
– Huge potential to subdivide or extend on the 1619m2 (STCA)
– Three generous bedrooms, each with built in robes
– Cosy wood fire to keep you warm
– Split system air conditioner in the dining room
– Successfully run BandB
– Floor to ceiling tiles in the bathroom with full sized bath
– Sun-soaked kitchen with electric cooking
– Venetian shutters on the front windows

Gross Income figures from Air BNB
– 2017/18 – $46,693
– 2018/19 – $52,176
– 2019/20 – $41,788
– 2020/21 – $53,487
– 2021/22 – $43,245

Inspections will be scheduled privately for this property so please reach out to arrange today.

DISCLAIMER
All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.