3 Units Plus DA Approved Block

Description

The School House – Circa 1876

SOLD

78 River Street, Maclean

This charming historic property was built in 1876 as the headmaster’s residence for the local school. The original four room brick residence with detached kitchen was extended in 1926 and is set on an 1132m² R3 medium density zoned block. The site is flood free, has dual street access and is located in a fantastic position on the edge of the CBD. The recent DA approval for the subdivision of the rear block provides the new owner with a great opportunity to build additional units or design their dream home with a river outlook.

The School House is presently used as 3 x 1 Bedroom self contained units returning $1,030 per week with the detached self contained studio currently included in the lease of Unit No 1. Previously operated as a successful bed & breakfast business the property also offers a unique opportunity as professional suites. Some of the features include high ceilings, open fire places, cedar french doors, wide hardwood floor boards, freshly painted and a real charm of yesteryear.

Externally The School House has a lovely ambiance with established shade trees, private veranda, paved courtyard and would be a gardeners dream to re-establish the cottage gardens.
Only a short stroll to all town facilities including hospital, medical practitioners, churches, schools, bowling club, sporting facilities and 50 metres to fantastic fishing and boating access.

Located one hour to Ballina/Byron Airport and under two hours to Gold Coast International Airport.

This is an opportunity not to be missed, all enquiries welcome.