Rarely do properties such as this come to market.
Built in c1875, "Temperance Hall" is situated in Bathurst, one of Australia's largest and oldest inland towns surrounded by the historic villages of Sofala, Hill End, Milthorpe and Rockley, boasting a vibrant cosmopolitan lifestyle for those wishing to make a tree change whilst still enjoying the comforts of city living.
Sitting within a primary CBD position, just a short walk to all the best that Bathurst has to offer. This property offers multiple investment opportunities from a residential home with a self-contained unit for multi-generational living, retail space or continued use as a restaurant where the self-contained unit can be rented separately for dual income. This is a unique and valuable property for the astute investor to buy freehold or rental potential of $70,000 pa.
The main building, currently operating as a successful restaurant for over 20 years, is approximately 180m2, consisting of a large open dining area with a cathedral-style ceiling approx. 6 metres high, polished floorboards and fireplace with French doors opening to an alfresco street front verandah, perfect for café style seating. Moving towards the rear of the building is a wide hallway leading to a large store, office and cellar room and there are 3 WC's and a powder room area. The rear of the main building offers a north-facing outdoor courtyard with a large fireplace surrounded by high rustic brick walls.
At the rear of the courtyard, there is a two-story, one-bedroom "Chalet Style" self-contained residence with a kitchenette and bathroom; ideal for an investor who may wish to lease separately for a second income or for the business owner to live in and reduce living costs or for a residential owner as an opportunity for separate family use.
Behind the self-contained unit, an easement is in place granting a right of way to a 9-space car park for the use of this property only. Depending on the use of the property this area has the opportunity to be re-developed (subject to council approval).
Features Include:
Established restaurant premises for the last 20 years
Approx 600m2 land area
Parking to the rear of the property
Large open plan dining area
Alfresco entertaining front verandah
3 x WC's and powder room
Courtyard featuring open fireplace
2nd dwelling featuring loft style self-contained accommodation
"Chalet" Building approx. 50m2 floor area
