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$1,375,000
Located absolutely in the heart of St Helens, this half acre property currently operates as Gravity Lodge, a well-presented block of units with untapped income potential. With very consistent annual income and exponential potential to increase, this property offers versatile options for any investor looking to move in to the tourism, development or permanent rental market STCA.
In addition to the motel style accommodation units, the property also features a vacant block on a separate title, near new 2 car garage/workshop, 3 bedroom/1.5 bathroom house and very impressive outdoor entertaining area - complete with fire pit and wood fired pizza oven.
There's significant potential for a motivated purchaser to boost occupancy year round. The proximity to the centre of St Helens is outstanding and the opportunity to develop the vacant land cannot be looked past. Being so close to restaurants, shops and facilities makes Gravity Lodge an undeniable gold mine.
The 5m x 7m very well presented workshop/garage has plumbing ready to go and with council approval will make a very stylish and functional residence if required.
Maintained to a high standard, the property is popular with guests thanks to there being well above expected facilities including large guest laundry, well equipped guest kitchen, wood fired pizza oven, and barbecue area. The guest units are sold fully furnished, allowing you to start generating income from day one. The large, three bedroom family home is comfortable, beautifully presented, includes wood heater and heat pump, polished floor boards and abundant insulation and window furnishings.
Inspection is a must so please phone Heidi & her team at Harcourts St Helens to arrange a suitable time to inspect either in person or virtually.
PROPERTY INFO:
Built: 1947
Land Size: Approx 2188m2
Building Size: 350m2 approx including outbuildings
Harcourts St Helens has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
38 Quail Street, St Helens TAS 7216
Call Heidi Howe on
0439681833
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