Built in c1875, “Temperance Hall” is situated in Bathurst, one of Australia's largest and oldest inland towns surrounded by the historic villages of Sofala, Hill End, Milthorpe and Rockley, boasting a vibrant cosmopolitan lifestyle for those wishing to make a tree change whilst still enjoying the comforts of city living.
Sitting within a primary CBD position, just a short walk to all the best that Bathurst has to offer. This property offers multiple investment opportunities from a residential home with a self-contained unit for multi-generational living, retail space or continued use as a restaurant where the self-contained unit can be rented separately for dual income. This is a unique and valuable property for the astute investor to buy freehold or rental potential of $70,000 pa.
The main building, currently operating as a successful restaurant for over 20 years, is approximately 180m2, consisting of a large open dining area with a cathedral-style ceiling approx. 6 metres high, polished floorboards and fireplace with French doors opening to an alfresco street front verandah, perfect for café style seating. Moving towards the rear of the building is a wide hallway leading to a large store, office and cellar room and there are 3 WC's and a powder room area. The rear of the main building offers a north-facing outdoor courtyard with a large fireplace surrounded by high rustic brick walls.
At the rear of the courtyard, there is a two-story, one-bedroom "Chalet Style" self-contained residence with a kitchenette and bathroom; ideal for an investor who may wish to lease separately for a second income or for the business owner to live in and reduce living costs or for a residential owner as an opportunity for separate family use.
Behind the self-contained unit, an easement is in place granting a right of way to a 9-space car park for the use of this property only. Depending on the use of the property this area has the opportunity to be re-developed (subject to council approval).
Features Include: • Established restaurant premises for the last 20 years • Approx 600m2 land area • Parking to the rear of the property • Large open plan dining area • Alfresco entertaining front verandah • 3 x WC's and powder room • Courtyard featuring open fireplace • 2nd dwelling featuring loft style self-contained accommodation • "Chalet" Building approx. 50m2 floor area
