OPPORTUNITIES ABOUND! FREEHOLD ONLY.... Lease in place,
This beautiful property, located in the HEART of Margaret River has been a successful Bed and Breakfast for nearly 50 years and on sits on a large parcel of land of 2,802sqm offers great investment opportunity.
Situated in a quiet street only 2 minute walk to town centre, this iconic property was originally built as a convent for a group of Anglican Sisters of the English Order of St Elizabeth of Hungary in 1928. The original chapel still exists today in a renovated state, with original gothic windows and door forming part of the house.
Regarded as one of the top B&B's in Margaret River, the property has successfully merged the vibrancy of Margaret River, it's gardens and old world charm, all within short stroll to cafes, restaurants and boutique shops. Just a short drive to world class wineries, beaches and other great attractions the property also features:
GUEST HOUSE
- 6 guest rooms all with ensuites
- Large Dining/ Breakfast Room
- Kitchen quarters
- Spacious large Lounge room with fireplace
- Reading room. Library off main entry
- Front Porch and wraparound verandah.
CARETAKER'S COTTAGE
- 2 bedrooms
- Office
- Kitchen
- Open plan Lounge / Dining
- Combined Laundry/Bathroom
- Master Bedroom with ensuite
Key points include:
- FANTASTIC location
- 2803sqm block
- Redevelopment clause in the Lease
- Multitude of options available!
- Future redevelopment (S.T.C.A)
Call John Da Luz for a confidential discussion.
