83-85 Otho Street, Inverell, NSW 2360
- 5
- 3
- 6
For Sale
$1,750,000
Timeless Splendor!
This iconic stand alone building is the perfect fusion of contemporary design with the 1890s elegance, ideal for those wanting a live-in residence with a supplement income. Upper level features include 4 spacious bedrooms, main has r/c air, walk-in robes in two & built-ins in the other, modern bathroom generous sized living & dining areas include polished floorboards, 2 woodfires & r/c air conditioners, new galley style kitchen has stone benchtops & quality appliances, large sunroom & private balcony. Period details include grand cedar staircase & skirtings, high ceilings, chandeliers & stained glass windows all preserved to the highest quality. Lower level is occupied with national tenant, features include 2 large consult rooms, reception & waiting room, office, large vault, staff room & amenities, two customer access points, one includes ramp. Lower level also includes brick studio, adjoining laundry/bathroom & carport. Other out buildings also preserved include the old stables with loft currently utilized for entertaining, adjoining storage room, double carport & two bay shed. Opportunity for a live in residence while obtaining a supplement income or generate futher lease potential through the upstairs property as full time rental or bed & breakfast.
Dave McMahon
Principal/Sales Agent
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Property Info:
- Property ID: L25293271
- Property Type:House
- Garages:6
- Land Area:1133 sqm
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R&H Suburb Profile: Inverell
R&H Suburb Summary | Houses |
---|---|
Number of sales | 246 |
Average Price | $448,626 |
Median Price | $385,000 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 27 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 6 |
Average Price | $281,750 |
Median Price | $227,500 |
Median Rental Price | $300 p.w. |
Change in Rental Rate (5yr) | 58 % |
Median Trend - $385,000
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