Great Investment Opportunity!

11 Channon Street, Gympie, 4570

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 1,370 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1
  • Open Spaces: 8
  • Study

Property Overview

This iconic Queenslander was built in 1901 and is perfectly located in Gympie's CBD precinct. With great historical prominence this magnificent Grand Old Lady has previously been used as a Doctors Surgery, Maternity Hospital and of course a fantastic residential home. With the current primary use approved but not limited to a restaurant with residential caretakers residence, this exceptional property also lends itself to several residential and commercial, specialised zoning options (STCA). With such a broad scope of opportunities for the astute investor as outlined below.

1. Restaurant - Kingston house Impressions has been operating as a fully licensed A La Carte Restaurant for the past 25 years, offering modern Australian cuisine, trading Tuesday to Saturday for lunch and dinner. The restaurant business is being offered as an option with the sale of the freehold building to interested buyers and will be negotiated accordingly.

1. Professional Offices with a potential rental return of up to $1200 per week. Located in the medical precint there is an opportunity for like minded professionals to create a medical hub.

3. Dual Living – Family residence upstairs with separate self contained fully renovated flat downstairs. Perfect for an AirBnB, live in the studio apartment downstairs and operate the bed and breakfast in the main house or visa versa.

Upstairs features:
* Main floor space/ current dining areas are open plan with large timber bi-fold doors opening to an undercover full length wrap around veranda and entry from Channon St with transparent all weather blinds allowing guests to enjoy the verandas in all weather conditions and seasons.
* A large fretwork archway joins the main floor area to a lounge and bar area with brick fireplace and reverse cycle air conditioning
* Bay window features, casement and hopper windows, ornate features, picture rails, decorative fans, period lights and fittings, wide timber polished floorboards, VJ walls, tongue and grove ceilings, modern colours and breezeways throughout
* Hallways with coat/belt rails throughout
* Built in timber bar and service area with commercial fridges and direct access to back of house and storage areas
* Board/meeting/ private dining/function/consultation room with private access, could be separately hired or leased with private rooms adjoined
* Private rooms feature; direct access via front veranda, cedar doorways, 2 x large potential bedrooms/offices, another office and storage room
* Fully compliant commercial kitchen with stainless fitout and cold-room storage
* Private back veranda and staff access entry with built in storage options
* Internal public male and female amenities, flyscreens and security doors fitted to non-public areas

Downstairs & Studio features:
* Large open designated storage and laundry area with direct access to a caretakers residence with full council approval and several under home storage options
* Large fenced and paved foyer, fully concreted underneath, concrete stumps, gated access to under floor storage, easily accessible
* Enclosed, fenced and paved courtyard, caretakers outdoor entertaining area, direct access to carpark
* Rustic timber French doors open to a lounge/living area adjoining renovated kitchen with facilities including cooktop, sink, timber cabinetry, drawers, pantry and bench space
* LED lighting, stencilled and textured concrete flooring, curtains and hopper windows throughout
* Large sunken bedroom with pine flooring, walk in robe, and direct bathroom access
* Bathroom features; shower over spa, separate powder room with full size modern vanity and WC
* 2nd guest bedroom/living area

Other property features:
* Great street appeal and elevated, flood free CBD location, views and breezes
* Newly painted on the outside with modern fresh colours
* Brand new roof coming which will commence soon.
* Building and premises is fully accessible on all sides
* Fully town serviced large 1,370m2 allotment
* Commercial and residential specialised zoning, suitable for many material uses
* Current commercial and residential approvals, primary current use as restaurant
* Off-street private concreted carpark area for 9-10 vehicles
* Iconic commercial freehold with optional restaurant business opportunity
* Established successful business operating for 25 years
* Established low maintenance gardens and surrounds recently refreshed.
* Surrounded by ample on-street parking
* Easily accessed via Bruce Highway to Channon St and Barter St


Don't miss your opportunity to own and operate the most reputable freehold/ business opportunities in the Gympie Greater Region to be offered in this market. Profit and loss statements, building history/approvals and business information disclosure can be offered to interested and qualified buyers (confidentiality agreement to be signed if applicable) upon request.
For more information then call Michelle Agnew on 0428585175

Location on Google Map

11 Channon Street, Gympie, 4570

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