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20 Rutherglen Road Newborough VIC 3825
- Offices
- 157 m²
- Sold
Unique Commercial + Residential Opportunity
The term "rare" is often used to describe properties coming to market. With 20 Rutherglen Road, Newborough now available to the public, it is fair to say that all other uses of that term have in fact been misused. Existing on a 755m2 allotment in Newborough town centre, this mixed-use title comprises a dual commercial freehold and a residence all separately metred. Now THAT is property worth of the term "rare".
THE RESTAURANT
Boasting an approximate 20 metres of prominent main street frontage, this versatile property has been fitted out as a restaurant with vacant possession available as of middle July 2021. Inside, there are two dining rooms with two different entrances and separately metred providing the future option to divide and operate two shop fronts.
- Commercial kitchen with cool room
- Upstairs mezzanine and dining space ideal for private functions
- Three toilets (two on main level and one upstairs)
- Counter with display fridge and dish area
- Office and storage room
- Ample parking space for customers
- Built in speaker system
- Bi-fold windows
- Split system and ceiling fans
- Built in display shelving
- Security camera system in place
- Meets Health Standards to operate food outlets
Virtual tour link: https://my.matterport.com/show/?m=7UsVMr9wZ3i
THE RESIDENCE
Imagine the convenience that comes with shops, cafes and all the amenities you may need literally at your doorstep. Positioned in the heart of Newborough amongst it all, yet serenely tucked away in your own private oasis unbeknownst to the public out front.
For the owner operator, this takes working from home to a whole new level. For the distant investor, with an approximate rental return of $320 - $340 per week opportunity exists here to add two revenue streams to your portfolio with one single purchase.
- 2 Bedrooms (Both with robe storage, main with walk in)
- Full bathroom with corner bath and double rain head shower
- Sizeable home office
- Open plan living/dining
- Unique kitchen with curved benchtop, freestanding gas cooktop, and dishwasher
- Hardwood flooring throughout
- Solid fuel heater and ceiling installed split system
- Separate laundry
- Entertainer's private alfresco
- Fully fenced backyard with established gardens and matured vines delivering lush greenery to the inner town property
- St. Mary's School park land at the rear, and next door to public parking lot
- Rear access for vehicle via gated driveway on Rutherglen Road and private entry via gate fronting parking lot next door (meaning ample parking available for any family or friends coming to visit)
- Detached double garage with toilet and phase 3 power providing the capabilities of operating another commercial grade kitchen should it be required
For additional photos of this backyard oasis in the summer months, please enquire.
Virtual tour: https://my.matterport.com/show/?m=vzZJbs7efW2
Property Highlights
Date Sold | 22 Jun 2021 |
---|---|
Floor Area | 157 m² |
Land Area | 755 m² |
Parking | Ask Agent |
Property ID | 2017062874 |
Category | |
Last updated | 28 Jun 2021 |
Property Highlights
Date Sold | 22 Jun 2021 |
---|---|
Floor Area | 157 m² |
Land Area | 755 m² |
Parking | Ask Agent |
Property ID | 2017062874 |
Category | |
Last updated | 28 Jun 2021 |