219-221 George Street
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About this property
Positioned in the heart of Bathurst's thriving CBD, "LA MAISON rue george" presents a rare commercial-grade investment opportunity with proven income and outstanding potential for short-term accommodation. Comprising four fully self-contained and fully furnished residences within one beautifully restored Victorian property, this unique offering provides multiple income streams with the capacity to achieve a minimum 5% return and estimated profits exceeding $8,000 per month when operated as premium short-stay accommodation. Originally built in 1876 and thoughtfully restored, the property blends historic charm with modern comfort, featuring original cedar joinery, pressed metal detailing, lead-light windows and elegant period features throughout. Its flexible layout, prime CBD location and existing multi-dwelling configuration make it ideally suited to investors seeking a high-yield asset, boutique accommodation venture or blue-chip addition to their portfolio. Offering immediate rental income with current tenancies in place, along with exceptional future upside as short-term accommodation, LA MAISON rue george is a standout opportunity in one of Bathurst's most tightly held central locations. Townhouse 219 George St features include but are not limited to: • Modern kitchen with stainless steel appliances and ample storage • Spacious separate living and dining rooms • Three (3) generously sized bedrooms (one with a built-in wardrobe) • Spacious bathroom plus a separate PWDR room • Split system heating and air conditioning plus gas and wood fireplaces • High ceilings, pressed tin panels, timber floorboards • Rear deck entertaining area plus a verandah out the front • Low-maintenance, enclosed yard with an external WC and laundry • Currently tenanted until Feb 2027 at $650 per week Townhouse 221 George St features include but are not limited to: • Eat-in kitchen with stainless steel appliances and ample storage • Spacious separate living room adjoining the kitchen • Two (2) generously sized bedrooms • Combined bathroom and laundry plus a separate PWDR room • Split system heating and air conditioning plus wood fireplaces • High ceilings, pressed tin panels, timber floorboards and lead-light windows • Rear deck entertaining area plus a verandah out the front • Currently tenanted until August 2026 at $580 per week Apartment 221A George St features include but are not limited to: • Open-plan kitchen and dining area plus a separate living room and downstairs foyer • Functional kitchen with stainless steel appliances, breakfast-bar and ample storage • Semi-enclosed balcony entertaining area with seamless indoor/outdoor access • Generously sized bedroom (1) with a walk-in robe and an ensuite • Combined bathroom and laundry with shower, sink, and toilet • Split system heating and air conditioning plus a slow-combustion wood fireplace • High ceilings with decorative pressed tin • Currently tenanted until April 2026 at $420 per week Apartment 221B George St features include but are not limited to: • Modern eat-in kitchen with stainless steel appliances and a walk-in pantry • Spacious separate living room • Generously sized bedroom (1) • Functional bathroom with a freestanding claw foot bath, vanity and toilet • Gas log fireplace • High ceilings and polished timber floorboards • Rental potential of $415 per week Further features include but are not limited to: • Rear lane access off Keppel Street to the single bay shed with power • Walking distance to both primary and secondary schools • Short walk to local parks, restaurants, pubs/clubs and shopping centres Local Council Rates are $3,810.00 pa.
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Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 6
- Parking
- 1
- Land Area
- 468m²
- Listed
- 2 months ago
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