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Overview
Situated in the heart of Glen Innes, this well-appointed home known as 'Mimosa Cottage' offers an established short term accommodation opportunity with a proven track record of success. Its central location places the main street and town conveniences within a short 250-meter walk, enhancing accessibility for visitors and guests.
The residence benefits from comprehensive renovations that have created a welcoming and comfortable environment favored by repeat clientele, ensuring strong future bookings. Accommodating up to six guests, it features three bedrooms furnished with queen beds and two separate bathrooms, one of which includes laundry facilities for added convenience.
Functionality is further enhanced by a spacious living area and a full-sized kitchen equipped with modern appliances including a dishwasher, complemented by climate control through reverse cycle air-conditioning. The inclusion of front and rear verandas alongside a fully fenced and generous backyard caters well to outdoor relaxation and entertainment.
Additional features such as solar panels, built-in wardrobes, a water tank, broadband internet, a shed, outdoor entertainment areas, and a single car garage contribute to the property's operational efficiency and guest appeal.
Offered walk-in walk-out, this property is ideal for buyers seeking an operating business with strong performance and continuity. It is important to note that current zoning and approved development approvals restrict use to short term accommodation, excluding permanent residency.
This opportunity will most appeal to investors or entrepreneurs looking to capitalize on a fully established accommodation business in a regional center.
Local Market Insights
In Glen Innes, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $535,000. The property type mix of listed properties is predominantly Houses at 86%, followed by acreage/semi-rurals (14%). Ray White was the most active agency in this area, representing 33.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Glen Innes NSW 2370
Market Insights for Glen Innes NSW 2370
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