SIX APARTMENTS / STUDIO / 8 CARPARKS / 1012m2 / 12 BEDS / 6 BATH

Have you ever wanted to own a whole block of apartments in booming regional NSW, Bathurst? Now is your chance.

First time on the market as an apartment block is 121a Keppel St Bathurst. Currently trading as “Accommodation in an Historic Warehouse”, this amazing heritage building (former wool warehouse, circa 1875) has been converted into 3 floors of accommodation. The current configuration offers six(6) apartments and an arts studio / retail shop.

Purchasing the property in 1983, the vendors have converted this 1875 triple brick, former wool warehouse into a multi level accommodation complex. All the hard work has already been done. Fire compliance has been done with fire sprinkler system installed over all levels, fire extinguishers and smoke alarms, new external fire escape, new sunroom/balcony on level one, multiple reverse cycle A/C units, independent HWS across most apartments’ fitouts, ceiling fans, lighting, new plumbing & electricals, new flooring, new roof on building, the list goes on.

LEVEL TWO - SKYLINE PENTHOUSE APARTMENT

Offering spectacular views over the Bathurst Region and CBD is the top floor residence. Maintain as a residence or add to the short-term accommodation portfolio. With pitched roof with 4 bedrooms & loft, large combined bathroom/laundry, new kitchen with Essa stone benchtops, Bosch dishwasher, Smeg stovetop and oven, plenty of cupboard space and bench tabletops, new flooring, wood fire place, gas heater, Brivis A/C and carpet plus cypress pine flooring. The penthouse has 3 exits, two internal staircases plus external fire escape.

Rental appraisal $550 / week.
Overnight Appraisal $500 / night

LEVEL ONE – THREE SELF CONTAINED APARTMENTS & RECEPTION

BASSETT BALCONY APARTMENT 2 BED / 1 BATH
Including main bedroom with Queen bed, second bedroom / lounge with single bed, kitchenette, bathroom with shower and toilet. This apartment has a lovely sunroom which brings natural light into the apartment and spectacular views over Bathurst / Kelso region.

Rental Appraisal $250 / week
Overnight $200 / night

ISAACS APARTMENT 1 BED / 1 BATH
Queen bedroom, new modern bathroom, combined dining/kitchenette/ lounge area.
Also has Hitachi reverse cycle A/C.

Rental Appraisal $200 / week
Overnight $180 / night

WEBBS APARTMENT 2 BED / 1 BATH
Two bedrooms. Main with Queen plus single. Second bedroom with Queen plus two singles.
Full Kitchen, Mitsubishi A/C, combined bath/laundry.

Rental Appraisal $440 / week
Overnight $200 / night

GROUND FLOOR TWO APARTMENTS + STUDIO

PIPER APARTMENT 2 BED / 1 BATH
Two partition bedrooms one with Queen, the other with two single beds. Large open plan living/lounge, separate kitchen, bathroom with shower and toilet plus an extra toilet.

Rental Appraisal $360 / week
Overnight $250 / night

ROBIN’S NEST APARTMENT 1 BED / 1 BATH
Open plan with separate bathroom. Offering Queen bed, combined living/lounge/dining, small kitchenette.

Rental Appraisal $180 -$200 / wk
Overnight $160 to $180 / nigt

STUDIO / RETAIL SHOWROOM
Huge studio which could easily be converted into another apartment. Includes combined Bath / Laundry.

Outside offers a side courtyard currently housing several clothes lines for guest laundry plus parking for 8 cars and a garden.

POTENTIAL DEVELOPMENT
New owner could leave as is with an immediate revenue stream or renovate and charge more per overnight stay.
The top floor penthouse could be rented as apartment 6 at very little cost. The top floor could also be converted into another 3 apartments (STCA) and fire compliance configuration.
The ground floor studio could be converted into apartment 7 or expand either of the two existing apartments.
Instead of short term accommodation, the 6 apartments could also be leased to long term tenants. Rental appraisal available.
Current configuration 6 apartments, potential and room for 9 apartments excluding vacant land potential.
Building on vacant land opposite main building, add under cover parking and additional townhouses for rent. (stca).

The addition of an elevator may increase booking demand.

FLOORPLANS and SITE PLAN
Available.

LOCALITY
This property is in an amazing location. Within 100m is Bathurst’s famous Machattie Park, cafe’s and hotels. Walk to Bathurst CBD retail district with shopping centres, retail and hospitality outlets. Walk to Bathurst Memorial Entertainment Centre, the train station (3.5 blocks) and museum attractions. Fringe CBD / residential location.

ZONING
B3 Commercial Core.

TITLE
Freehold.

ONSITE PARKING
8 onsite carparking spaces
Street side parking in Keppel St.

LAND SIZE
1012 m2

RATES
$2,789 pa

INSURANCE
$3,500 pa

INCLUSIONS
Walk in walk out offering. All contents of apartments one to five on ground and first floor included. Penthouse residence on the second floor will be offered with vacant possession.

CURRENT BOOKING PORTAL
Stayz.com
“Accommodation In An Historic Warehouse”

INSPECTIONS
Available by confirmed appointment only.
Apartments are available to book 7 days so access is pending booking in place. If an apartment is booked, potential buyers may view non booked apartments.
Prior to 1.30pm more available. Potential purchases are welcome to book accommodation at the venue before you buy it!

EXCLUSIVE SELLING AGENT
Mark Sullivan
0429 954 9...
sully@atrealty.com.au