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$930,000
Rare opportunity to own a piece of history with a great return on investment. The high set Queenslander was originally owned by Harold Henry Collins � a key member of the Tablelands Community throughout the early 1900's.
The stately home has since been divided into 5 units consisting of 1 x 1 bed 1 bath, 3 x 2 bed 1 bath and 1 x 3 bed 1 bath. The charm and character has been preserved throughout and showcases the features you would expect such as high ceilings, casement windows and tongue and groove walls.
Concrete driveway makes for easy access and ample parking if required. Additional storage rooms under the house provide secure lock up for tools and maintenance equipment. Each unit has also been allocated their own storage space underneath.
Now serving as a great investment the property is perfectly positioned less than 500m from the Main Street offering shops, cafes, restaurants and more as well as close proximity to supermarkets, parks and schools.
Considerable improvements have been completed in recent years including rewiring, plumbing upgrades and full repaint. The iconic landmark is now ready for its new owner, there is nothing left to do.
Annual rental income $82,160
Rates $14,056 per annum
Insurance $4029 approx per annum
For further information please contact exclusive marketing agent Alex Payne on 0409 328 153.
45 James Street, Malanda QLD 4885
Call LJ Hooker Malanda on
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