Opportunity Plus At Elephant Pass

824 Elephant Pass Road, St Marys, 7215

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790,000 AUDEst. Mortgage: AUD 5,551/monthFor Sale
  • Ownership Type House
  • Property Area 28,300 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Garage: 2
  • Open Spaces: 8
  • Secure Parking
  • Floorboards
  • Toilets: 4

Property Overview

What an opportunity! We are offering this amazing property full of possibilities to a new owner. The 7 acre property sits high on Elephant Pass Road with beautiful flat paddocks catching all day sun. The property also offers an assortment of buildings including a beautiful A-frame double storey house which was the owner's residence. This could be a family home, a rental investment, Bed & Breakfast accommodation, a conference centre or more.

At the front of the property is the nationally famous Mount Elephant Pancake Barn, with its well-renowned and well-earned reputation. This has just recently closed and we are looking for the right person to take over this amazing restaurant. Timing is just perfect as you can be up and running for the peak Easter season. It's your choice to continue the business as is or create your own restaurant style.

St Marys, which has a school, supermarket, hotel, cafes, shops and galleries is 10 minutes away and currently enjoying growth in popularity and population. Take advantage of this and the through traffic that use this route to get to Little Beach at Chain of Lagoons(15 minutes), Bicheno(26 minutes), Scamander(30 minutes) and the world famous Freycinet Peninsula (45 minutes). Launceston is only 1 ½ hours away.

The property lends itself to be a family residence, with a family run business, or a great investment opportunity. The paddocks would be fantastic for keeping and riding horses or many other recreational or agricultural activities. They could easily be turned into a camping ground with excellent access for RVs and large caravans (plans are available). There is a self-contained old-style cabin just behind the restaurant which has been extended and updated and could sleep six easily. Add to this the huge garage/workshop/storage barn and the possibilities are endless. More cabins could easily be added as well as some powered and unpowered sites for campers.

If this sounds too hard then simply lease out the restaurant and rent out the two residences along with the paddocks. Then sit back and enjoy the income.

Location on Google Map

824 Elephant Pass Road, St Marys, 7215

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