103 Mitchell St, Echuca VIC 3564, Australia
Located at the end of a quiet cul-de-sac overlooking state forest, and within walking distance to the river, historic port and town centre, this centrally located property is very much sort after. Operating as a successful self-contained accommodation business for over 25 years, has recently come onto the market.
The 1000 square meter allotment consists of 2 buildings. At the front of the property is a 2 storey private owners residence with 2 en-suite bedrooms, kitchen, lounge, office, craft room, spa/sauna, numerous display rooms, large storage space (which can easily be converted into another 2 en-suite bedrooms) and a magnificent wrap around, glassed in balcony facing both east and north to take advantage of the winter sun. It has many beautiful original artistic features and is quite unique.
Separate to the owners residence (with own private entry) is a fully equipped self contained guesthouse with 2 en-suite bedrooms, kitchen lounge and balconies overlooking gardens. It can accommodate 4-5 guests.
In the rear garden of the property is a 1869 fully restored 3 bedroom, 2 bathroom Victorian woodcutters cottage which can accommodate up to 8 persons. It retains many charming period features, polished wood floors, open fires, pressed metal ceilings. All tastefully restored.
The property has a permit to accommodate up to 16 persons, allowing any future expansion. It has extensive magnificent gardens consisting of numerous art and water features, fernary, flower beds, 12 established fruit trees, vegetable gardens and large walk in hothouse. It would delight any gardener.
With an average annual occupancy of approximately 60% from both the guesthouse and the cottage, there is a substantial income to be derived from this property if continued as a self contained accommodation business Work from home to earn an income to pay mortgage and living costs. The alternative is to occupy the whole front 4 bedroom/4 bathroom home and simply rent the cottage. There are many possibilities for this property. Rarely does a property of this calibre, possibilities and location come on the market. An inspection will truly delight.
