Historic Main Street Asset with Income and Growth Potential
Positioned in the heart of Bonalbo's main street, 18 Sandilands Street presents a rare opportunity to secure a versatile investment with both immediate income and future potential.
Set on a 424m² allotment with dual access from Sandilands Street and Post Office Lane, the property offers excellent exposure and practicality, complete with rear parking and easy accessibility.
The existing building retains its original shopfront character, featuring high ceilings and a flexible layout. Currently configured for residential use, the front space has been converted into a living area with kitchen and lounge, complemented by the original cold room for storage with potential for a walk in pantry. The layout extends to a rear room utilised as a bedroom, along with a detached bathroom. The property is currently tenanted at $300 per week, providing immediate return from day one.
Zoned RU5 Village, the property presents scope for a range of uses (STCA), allowing buyers to explore options to renovate, reconfigure or re-establish as a commercial premises. Whether you're looking to create a main street business, a mixed-use investment, or a unique residential conversion, the flexibility here is a standout feature.
Located directly opposite the local pub and surrounded by key amenities including the chemist and general services, this is a true main street position with strong exposure and convenience.
With Bonalbo continuing to see steady growth and increased interest from lifestyle and regional buyers, this property offers a chance to secure a piece of the town's history-originally established during the late 19th century timber boom-while capitalising on its future potential.
An affordable entry into the market with multiple pathways for value-add, 18 Sandilands Street is well suited to investors, renovators, or those seeking a project with upside.
Opportunities like this in the heart of Bonalbo are tightly held-contact Marissa Skrobar today to arrange your private inspection.
Disclaimer:
The details presented in this property advertisement are based on information supplied to the agents. Both the vendor and agents disclaim any liability for errors or omissions. While we strive for accuracy, we cannot guarantee the completeness of the information provided. Prospective buyers are encouraged to conduct their own investigations and make independent assessments.
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