SoldMar 14, 2022

128 Swan Street, Morpeth, NSW, 2321

$1,200,000

3
1
1

House

30+ days on the market

Sold: Mar 14, 2022

What's around 128 Swan Street

Historic cafe offers enormous potential

A rare and exciting opportunity to own a slice of Morpeth's history presents itself with the sale of Savannah on Swan, a charming and successful Georgian-style cafe located within the circa 1847 Bond store, one of the town's most treasured architectural highlights. A buyer could come along and continue operating the cafe as it currently stands, it is well known as one of the best in the area. Another option could be to expand on the restaurant, potentially opening for night service or offering a revamped menu. Investors could convert the site into units, it is set on two titles and zoned as residential, with commercial approval. With plenty of ways to make an income, development opportunities are huge. Located in a prime location with the historic Morpeth bridge in view, the Savannah on Swan features a picturesque courtyard looking out towards the river, panning across stunning farmland plains. Set over three storeys, and with a veranda off the back at street level, the cafe has become a destination for locals and tourists alike, known for its great coffee, food and ambiance. The largest port outside of Sydney even before Newcastle, Morpeth is famous for its cobblestone paths, boutique shops, 19th-century heritage buildings and is the home of the original bakehouse where the Arnott's family biscuit dynasty commenced. A part of four separate buildings, the Taylor's Bond Store is surrounded in heritage architecture, historic pubs, art galleries and boutique stores Undercover rear paved courtyard area and elevated timber deck Heritage details including cathedral-style ceiling with exposed timber beams, original timber-sash windows, French doors, exposed sandstone internal walls and hardwood timber floorboards Upper floor open plan gift shop and expansive lower level enclosed storage, with space under the building for powered fridge and freezer space Local supermarket, medical centre, playgrounds and primary school nearby. Stockland Green Hills (large retail hub) just a ten minute drive away.

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