Charming residence with business or investment potential
Here is your chance to secure a residence with added income potential. Situated on a generous 2023m² block, this property includes a 2 bedroom home and additional building with carpark that could be adapted for a variety of uses. Currently used as a restaurant and owner's residence, this property offers the flexibility and a blank canvas for future owners.
The Residence
This residence provides the ideal space for a family or couple looking for comfort and convenience. A perfect place to call home, featuring:
• 2 bedrooms for comfortable living
• 1 bathroom
• Open-plan kitchen, lounge, and dining area, creating a welcoming space for family and guests
• Deck leading off the kitchen, ideal for enjoying outdoor meals and relaxing
• Fully fenced backyard with a cozy fire pit, offering privacy and a peaceful retreat
• Plenty of parking
• Onsite caravan for a creative studio, rumpus or sleepout
• Additional deck on the hill with beautiful views of the surrounding area
Secondary building with rental potential
An excellent opportunity for both investment and business potential, this building has been successfully operating as a restaurant. It could easily be converted into various business ventures such as an AirBnb, bike shop, art studio, gym, yoga space, medical facility, pop up retail space, or another food and beverage operation like a bakery, café, or restaurant (STCA).
The building includes:
• Large adaptable space with an entry area
• Wheelchair accessible bathroom
• Kitchen facilities
• Two storage areas
• Equipment in the kitchen and dining area can be purchased separately (business not for sale)
• Onsite parking for up to 8 cars
• Patio area with frontage to the Tasman Highway
Rental Income Potential
This added space offers multiple avenues for generating rental income, whether you want to run a business from home or rent it out for steady returns.
• The residence could generate a potential long term rental income of approximately $350 per week
• The retail space could provide a secondary income stream - please call Sam Olah to discuss commercial leasing options
Location and Lifestyle
• Situated in the heart of Branxholm, with convenient access to the Tasman Highway
• Exposure to thousands of tourists and mountain bikers visiting the Blue Derby Mountain Bike Trails and Derby Floating Sauna
• Just 20 minutes from the main service centre of Scottsdale, which offers shops, cafes, restaurants, medical services, and 1 hour 20 minutes from
Launceston.
This property is ideal for those seeking a peaceful home with the potential to generate additional rental income. Whether you wish to live in the residence and convert the additional building for business or rental purposes, this is a rare opportunity not to be missed.
Contact Sam Olah 0413 878 714 for an inspection today. Video inspections available.
