Hostel awaits!

12 Lovel Street, Katoomba, 2780

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1,250,000 AUDEst. Mortgage: AUD 8,783/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 955 sqft
  • Bedrooms 10
  • Bathrooms 4
  • Furnished No
  • Last Updated 6th Aug, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Open Spaces: 1
  • Ensuite: 2
  • Living Areas: 3
  • Toilets: 5

Property Overview

Perched high up on Lovel Street enjoying pleasant views to the Jameson Valley and Leura, This character-filled cottage with a total of ten bedrooms is classed as a registered boarding house, equaling no land tax!<br/><br/>The property has many original features, including high ornate pressed metal ceilings, timber floor boards, open fireplaces and a federation style bay window in the large open living room with long reaching easterly views. <br/><br/>The First floor is an original two-bedroom cottage with wrap around balcony, The ground floor contains two fully self-contained units, the rear of the property contains six, one-bedroom units, each with their own locked entrances and kitchenettes, making for an ideal and versatile property investment.<br/><br/>Situated within walking distance to the cbd, shopping center and Katoomba Railway Station, this unique investment would make an ideal backpacker lodge, boarding house, or hostel style accommodation. Renovations will be required. <br/><br/>Property features:<br/><br/>A Total of Ten Bedrooms including:<br/><br/>An Original Two Bedroom Cottage with wrap around deck and views.<br/><br/>Two fully self-contained ground floor, one-bedroom units.<br/><br/>Six one-bedroom units with own locked entrances, five of those containing kitchenettes. <br/><br/>Walking Distance to Katoomba cbd and shopping center.<br/><br/>Registered boarding house with no land tax.

Location on Google Map

12 Lovel Street, Katoomba, 2780

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