18 Sandilands Street
Bonalbo, NSW 2469

Overview

Historic Main Street Asset with Income and Growth Potential

Positioned in the heart of Bonalbo's main street, 18 Sandilands Street offers a unique opportunity to acquire a versatile property that combines immediate rental income with promising future growth potential.

This property is situated on a 424 square meter allotment, featuring dual access points from Sandilands Street and Post Office Lane. This layout provides excellent exposure and practical benefits, including rear parking and easy accessibility, enhancing its appeal for various uses.

The building itself retains its original shopfront character, highlighted by high ceilings and a flexible floor plan. Currently adapted for residential purposes, the front area has been transformed into a comfortable living space comprising a kitchen and lounge. Additionally, the original cold room remains intact, offering valuable storage space with the potential to be converted into a walk-in pantry.

The layout extends to a rear room currently used as a bedroom, accompanied by a detached bathroom. The property is presently tenanted, generating a weekly rental income of $300, ensuring an immediate return on investment from the outset.

Zoned RU5 Village, the property allows for a variety of uses subject to council approval. This zoning provides buyers with the flexibility to renovate, reconfigure, or re-establish the premises as a commercial space. Whether the goal is to develop a main street business, create a mixed-use investment, or pursue a distinctive residential conversion, this property offers significant adaptability.

Located directly opposite the local pub and surrounded by essential amenities such as the chemist and general services, the property enjoys a prime main street position with strong exposure and convenience for both residents and customers.

Bonalbo continues to experience steady growth and increasing interest from lifestyle and regional buyers. This property represents an opportunity to own a piece of the town's history, originally established during the late 19th century timber boom, while also capitalizing on its future potential.

Offering an affordable entry into the market with multiple avenues for value enhancement, 18 Sandilands Street is ideally suited for investors, renovators, or those seeking a project with upside potential.

Disclaimer:
The information provided in this advertisement is based on details supplied to the agents. Both the vendor and agents disclaim any liability for errors or omissions. While every effort has been made to ensure accuracy, completeness cannot be guaranteed. Prospective buyers are encouraged to conduct their own investigations and make independent assessments.

Location