8 Kinchela Street
Gladstone NSW 2440
- 4 Bed
- 2 Bath
- 2 Parks
Buyers Guide $1,300,000 - $1,400,000
An Iconic Treasure & Investor's Dream - Breathtaking River & Sunset Views
Nestled in the heart of historic Gladstone boasting spectacular views including magnificent sunsets across the Macleay River, this iconic building is highly unique in both character and financial opportunity.Meticulously maintained with recent renovations throughout, charming features abound such as restored hardwood timber floors, lancet-style arch windows, elegant white wood panelling, and soaring 3.9m ceilings throughout. As the sun dips below the horizon, the vibrant hues of sunset skies set the tone for the evening at beloved Lloydies on the River, discreetly positioned at the rear of the property.
With commercial zoning attached, this rich in history property currently generates two streams of income from its expansive ground level domain and also offers a fully renovated upper-level two bedroom apartment that boasts a brand-new kitchen and timber deck verandah. This spacious, bright and airy quarters is a vantage point for stunning sunsets and panoramic vistas across the Macleay Valley, the perfect place to reside or alternatively a third income source.
An investors dream with a diverse income stream, currently housing a pilates and osteopathy clinic and the well known Lloydies restaurant also on site that together yield $1,250 per week, There is potential for an additional rental income of approximately $480-$500 per week from the upstairs apartment, making this a no brainer for investors.
Extras include split system air conditioning, a double carport, restroom facilities, beautifully landscaped gardens, and secure storage areas.
If you haven't yet explored Gladstone, now is the time! This enchanting village is steeped in history and brimming with art galleries, boutique shops, and delightful cafes, making it the cultural hub of the Macleay Valley Coast.
Whether you're looking to invest or combine lifestyle and income, this exquisite property presents limitless possibilities.
For further details, please contact Nathan Wilson on 0418 766 977.
Property Descriptions:
- Historic building with commercial zoning providing dual income
- Breathtaking sunsets and 180-degree views over Macleay River
- Upstairs apartment includes brand new stunning kitchen and deck
- Magnificent outlook across Macleay Valley & lush green countryside
- Meticulously maintained, original hardwood floors, 3.9m ceilings
- Current tenants include pilates and osteopathy clinic, restaurant
-$1,250 total current income & potential for further rental. $480 - $500 pw upstairs
- Double carport, generous storage, landscaped gardens, WC facilities.
- Stunning location rich in art and culture just 20-mins to Crescent Head
- 15 mins to Hat Head, 20 mins to South West Rocks
- Surrounded by natures finest, short drive minutes to amenities at Kempsey
- Nestled on 744m2 with approx. 262m2 internal space & 152m2 external
- Highly unique property with further potential and limitless possibilities
Property Details:
Land Size: 744sqm
Council Rates: Approx $5,390 pa
Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters
Features
General Features
- Property Type: House
- Bedrooms: 4
- Bathrooms: 2
- Land Size: 744sqm
Indoor Features
- Toilets: 2
- Airconditioning
Outdoor Features
- Open Car Spaces: 2
- Balcony
Other Features
- Investors
- Large Families
- Water Views
Can I afford 8 Kinchela Street?
Ideal Financial Group work closely with Elders Lifestyle Group to bring you a personalised approach. We are a local Mid North Coast based business and we understand the needs of people in this beautiful region. We can apply for finance and get a formal letter of pre-approval from the lender before you have found a property. This means your finance is ready to go when you do find the property of your dreams.
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Enquire about 8 Kinchela Street, Gladstone, NSW, 2440