The Pines Heritage Bed & Breakfast
This is the ultimate opportunity to own an amazing property while still earning an income. The Pines Heritage Bed & Breakfast has been a successful holiday accommodation property for years. It would be great for those wanting to escape the rat race while not ready to fully retire yet. The home was built in the late 1800’s and is a beautiful example of architecture of that era.
Located on just over a quarter acre (1227m2) a block away from Nowra’s CBD means convenience is easily catered for. Zoned R3 medium density enables any owner future development potential (STCA) Every bedroom in the home has its own ensuite bathroom while there is also a flat out the back that is rented separately. The large shed provides fantastic storage but as a major bonus the current owners have gotten approval for more accommodation at the rear of the property. Can be sold as a full walk in walk out scenario depending on the buyer and price. With major upgrades in recent years such as a new roof, split air conditioning through out, phased lighting, CCTV surveillance and 24 hour accommodation check-in system.
If the Bed & Breakfast scene is not for you then you could just choose to live in one of Nowra’s rare earliest homes in a very convenient location.
Financials available upon request.
Call Jared Cochrane on 0404210824 for more information.
|R&H Suburb Summary||Houses|
|Number of sales||142|
|Median Rental Price||$380 p.w.|
|Change in Rental Rate (5yr)||27 %|
|R&H Suburb Summary||Units|
|Number of sales||29|
|Median Rental Price||$315 p.w.|
|Change in Rental Rate (5yr)||37 %|