'The Old Convent', Uki - Boutique Accommodation Investment Opportunity

A 'Golden Opportunity' now presents, to secure this iconic, historic property known as 'The Convent', located in the laid-back village of Uki, nestled beneath the foothills of Mt Warning in the Tweed Valley, less than 1 hour (47km) from the Gold Coast Airport and 56km from Byron Bay.

Situated in the heart of the Tweed Valley which is known as a tourist mecca, drawing visitors from far and wide, keen to take in the majesty of the scenic Northern Rivers and its World Heritage National Parks, including Mt Warning (Wollumbin) and surrounding country villages, including the arts culture in Murwillumbah.

This stunning, Heritage Listed building, originally known as 'Saint Joseph's Convent' was built in the early 1900's. The order of the 'Sisters of St Joseph of the Sacred Heart' was founded by Mary Mackillop, Australia's very own canonised Saint (Mother Mary of The Cross). The building served as the first convent school, before Uki School was built around 1920 and retains all it's character and charm from yesteryear, having been lovingly maintained by the current custodians, for the past 10 years.

Each apartment was named after one of the Sisters who lived in The Convent in the 1900's; (1) Avelina, (2) Theodore, (3) Julieta, (4) Gertrude and (5) Ignatius.

The property presently operates on a permanent accommodation basis, incorporating 5 separate apartments; 2 x 2 bedroom, 3 x 1 brms, providing a solid return from the permanent occupancies of $57,000 p.a. *approx.. There exists a huge shortage of quality tourist accommodation in the region and herein lies an outstanding opportunity to harness the tourism demand and create something very special and unique.

Discerning investors looking to invest or fund their semi/retirement may consider;

1. Occupying one of the apartments and operating the balance of the building as boutique B&B apartments.

2. Living off-site and operating all of the property as a B&B operation

3. Continuing the lease the apartments on a permanent basis, managing the property personally or engaging a managing agency.

The charm and historic energy that embues this property has to be felt to be fully appreciated. All the original features of the building have been retained; hardwood timber floors, soaring 12' ceilings, brick fireplaces, French doors opening onto verandahs, the colonial archways and breezeways above doors, weatherboard clad exterior ... the list goes on.

The property sits elevated, overlooking the upper reaches of the Tweed River (above historical flood levels) and is within walking distance to the village centre. Birdlife, platypus' and other wildlife are other regular sights to enjoy.

This historically significant, magnificent old building is ready for the next the chapter of its amazing history to begin. Belinda Franks & Ray White Murwillumbah are looking for the next custodians for this special property. If you are looking for something special, please call the agent, Belinda Franks to arrange your private viewing of 'The Convent'.