'BIJOU', meaning 'little jewel' in French, is a sweet, weatherboard house built c1914. Originally a miners cottage with charm and personality, this unique property has the flexibility to be either a 4/5 bedroom family home or two, 2 bedroom self contained living spaces, which offers a multitude of living/rental possiblities. Outdoor living spaces include front and rear verandas and a paved bbq area which is framed by an ornamental pear tree. The property also has a 19sqm workshed, established gardens and rear lane access via a service road that is bordered by National Park. Set within walking distance to local amenities and many tourist hotspots.
* Fantastic investment opportunity (approximately 5.6% return on investment)
* Tucked behind a fully grown hedge ensuring privacy
* Light and airy newly painted interiors with new light fittings
* Cottage with 2 bedrooms plus study, living room, full kitchen and renovated bathroom
* Apartment with 2 bedrooms, living room and kitchenette opening onto the rear deck
* Established gardens situated on an approximately 627sqm block
* Off-street parking and a short 10 minute stroll to Katoomba town centre and transportation
* Back or rear studio which is currently rented for $410 per week with a long term tenant in place, please not there is not kitchen.
* Front 2 bed plus study house has been appraised at $450-$460 per week (owner currently living there)
* Total weekly income $860-$870 per week.