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Overview
Character Home with Passive Income & Industrial Upside
This unique property offers a character-filled home combined with a diversified investment opportunity, located on the edge of town with privacy and charm. The site is zoned 'E4-Industrial' and occupies approximately 1.94 acres (7,841 square meters), equipped with mains town water, sewerage, and natural gas connections.
The residence, built circa 1920, features three bedrooms and two bathrooms. It has been lovingly maintained and thoughtfully renovated to blend traditional character with modern comforts. The home is beautifully presented, providing a comfortable family living environment with a genuine homely atmosphere.
Key features include a slow combustion wood heater, split system air conditioning, evaporative cooling, new roofing, and updated plumbing. The outdoor areas are well-utilized, including a back entertainment space, a quaint garden pergola, and storage sheds set within established, private grounds.
Additional improvements on the property include a substantial 15 by 9 meter shed with a 15 by 9 meter lean-to, basic amenities, 3.3 meter high doors, and availability of three-phase power. The property also includes a unique storage complex consisting of 22 storage units under management, which enjoys high occupancy and generates a passive income averaging $28,130 per annum over five years.
The storage complex is standalone with a separate entrance, and there is ample land area available to build additional storage bays, subject to council approval. The entire property is under a single title with definite subdivision and future development potential, benefiting from dual road frontage to Old Temora Road.
This offering is ideal for owners looking to downscale in retirement while securing a unique and diversified investment with industrial upside potential.
Please note that while care has been taken to ensure the accuracy of the information provided, no warranty or representation is made regarding its completeness or accuracy. Interested parties are advised to conduct their own enquiries.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Young NSW 2594
Market Insights for Young NSW 2594
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