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Home Hill, 78 - 80 Eighth Avenue

Multi Income Home Hill CBD Property

$290,000

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Listing Number: LTY7865
About this listing
VERSATILE Home Hill CBD property. This fully refurbished CBD residence boasts double incomes with commercial and retail opportunities all around. Property is a former CBD shop - which now offers CBD living at its best. Currently has two (2) rental incomes and the potential for much more. Property enjoys two-street frontage (including CBD) and comprises two (2) Lots. Lot 1 is a fully refurbished, fully air-conditioned 162sqm concrete building complete with three (3) bedroom residence, a highly popular local laundromat out the back and a showroom/shop out the front. Roof was replaced in 2014. The Laundromat is adjacent to Home Hill's popular Comfort Stop - and has become home to hundreds of caravanning "Grey Nomads" over the past 2 years. The Laundromat offers washing and drying facilities, power and cold drinks.
The residence was extensively renovated in 2011 and includes an as-new laminated kitchen and bathroom, lounge and dining, main bedroom, sewing room (2nd bed option) and an office (3rd bed option).
Lot 2 is an adjoining 294sqm vacant parcel of land and enjoys two-street frontage including a prime CBD position.
The vacant land could be a multi-purpose site with significant potential for additional income streams - subject to Council Approval. Genuine and discerning Buyers need only enquire. Call for details or an immediate inspection.
Property Information
  • Land Size: 456 sqm
  • Tenure: Freehold
  • Property condition: Renovated
  • Property Type: House
  • House style: Lowset
  • Garaging / carparking: Open carport
  • Construction: Block
  • Roof: Iron
  • Flooring: Tiles
  • Kitchen: New and Finished in Laminate
  • Living area: Separate living, Separate dining
  • Main bedroom: Double, Heating / air conditioning and Ceiling fans
  • Bedroom 2: Single
  • Bedroom 3: Single
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Land contour: Flat
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops

Contact Details

Landmark Harcourts McCathies - Ayr

262 Queen Street
Ayr
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