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The ‘Bayview Lodge', a Fannie Bay landmark, presents investors with a unique opportunity. Positioned on a prime Fannie Bay site with dual street access and 11 onsite car parks; this double story boarding house consists of 25 bedrooms, self-contained caretakers flat, and communal facilities including kitchen, coin-operated laundry, games room, lounge, outdoor spa, and landscaped fenced gardens.
Already partly renovated and approved and registered as a boarding house, the property is a hop skip and jump away from becoming your refreshing sea change, a quiet retreat for holiday makers, converted into workers accommodation, or even becoming student housing. Presiding over a large block in a blue chip suburb, this property also holds excellent future development potential.
Key features include:
* Located on a premium 1,030m2 corner block with dual street access
* Zoned MD for multiple dwellings, approved and registered as a Commercial Visitor Accommodation Business
* 20 Bedrooms upstairs and 5 bedrooms downstairs, plus Manager's Quarters
* Each bedroom is air-conditioned and consists of a bed, wardrobe, fridge and television
* Bedsitter style Managers Quarters include a kitchenette and private bathroom
* Male and female bathrooms with showers upstairs, and communal toilets downstairs
* Downstairs includes a reception area, lounge and games rooms, communal kitchen and a coin operated laundry with washers & dryers included
* A substantial amount of existing boarding house furnishings, including a pool table in the games room
* Fenced landscaped gardens and a spa
* 11 car spaces
Bayview Lodge is located within walking distance to the historical East Point Reserve, the iconic Darwin Sailing Club, Sunset Beach, and local shops and cafes. The lodge is also close proximity to local schools, sporting facilities, tourist attractions such as the Museum, Mindil Beach, local markets, and just a 10 minute drive to the Darwin CBD.
Land-banking investors, developers, sea-changers seeking a tropical lifestyle with potential income, or operators looking for a prime site to run an alternate accommodation style business - should take a serious look at this very unique opportunity.
If your interest has been peaked, contact Suvi Joutselainen or Nick Syrimi immediately - do not wait a second, as an opportunity as rare as this one is most certainly one well worth considering.
View by Appointment 7 Days!
Area Under Title: 1,030m2
Council Rates: $4,140 Per Annum (Approximately)
Easements: None Found
Vendors Conveyancing Agent: Darwin Conveyancing
Year Built: Circa 1969
Zoning: MD (Multiple Dwelling)
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