Live upstairs……Run a business downstairs Quirindi

$199,000 /Fully Renovated Commercial Building.
SKU: 1879011
Property type: Residential
Area (M 2)
170
Bathrooms
2
Bedrooms
1

The space

  • Land Size: 240

Amenities

  • Air conditioning
  • Alarm system
  • Built in wardrobes
  • Heating
  • Office
  • Wireless Internet

Description

LIVE UPSTAIRS – RUN YOUR OWN BUSINESS SHOP DOWNSTAIRS

This is a rare opportunity to own your own commercial building with a combined residence and shopfront in the busy heart of Quirindi NSW. The “Old Saddlery” building also offers an additional passive income stream (see below)

Quirindi is located close to Tamworth NSW, and is just two and half hours by car to Newcastle. Daily trains run to Sydney.

This fantastically renovated boutique building once housed the town’s original saddlery.

Constructed in 1891, the two-storey double brick edifice has been fully restored; as follows:

UPSTAIRS: New roof; new ceilings and wall linings, doors and windows, fully insulated, new wiring and plumbing throughout; Split cycle A/C, kitchenette, bedroom with built-in cupboards and ceiling fan, bathroom with toilet, vanity and large shower recess; floor coverings, plumbing in abeyance for laundry, rear undercover veranda, heavy duty galvanised stairway.

DOWNSTAIRS: New concrete floors, 32mm fire check ceilings, plumbed rear room and retail area. commercial ducted A/C, Internet wiring throughout with mounted file server, NBN connected, ceiling speakers, fully insulated, 1000 litre underground grease trap installed, rear toilet, fenced courtyard.

The retail area at the fore of the building is approximately 50m2. The retail zone currently has removable office and reception partitions in situ.

REAR YARD: The rear yard encompasses a narrow strip of land situated between the Heritage motel and the Super IGA carpark.

PASSIVE INCOME STREAM: Two x D.A. approved billboards containing  8 advertising spaces are located on the land at the rear of the building. The billboards face oncoming traffic within the supermarket carpark. The location presents arguably the best advertising position in town. Currently each advertising space of 2000mm x 800mm is leased at $1000 per sign per year, providing $8000 passive income annually.

 

Live upstairs and work downstairs!

If you are interested to know more about this fantastic work and lifestyle opportunity, please feel free to contact Steve Beaman on 0490 073 532; or
02 5777 8801; or email connect@proviamrealty.com.au

 

Contact the Agent

Steve Beaman

Real Estate Broker
“For me its all about hard work and care for the client…… I get the most satisfaction in seeing both the buyer and the seller mutually happy……we’re all winners that way!”