Poised in its inner-town position surrounded by historic architecture and stores that share a similar passion, 5 Coldstream Street is now offered as a versatile property package offering a blend of residential and commercial opportunities unmatched in today’s market. You could search for years and not find a property with this much potential and as for the possibilities….well where do I start?

Where else can you find a property that allows you to work from home as well as provides an investment opportunity where your tenant can also choose to work from home if they desire? With two shop fronts, two living quarters AND a workshop/studio, that’s exactly what 5 Coldstream Street allows you to do.

SIDE ONE: 1 BED, 1 BATH :
Currently operating as The Coldstream Gallery this side of the property includes a beautiful store front with antique doors and windows. The living quarters sprawls over two levels with downstairs boasting a large dining area with the bathroom located nearby. Upstairs flaunts two large rooms with high ceilings and polished timber floors. The layout is interchangeable and could be completely changed with a little creativity however as it currently stands, there is an open living room with a large bedroom located nearby. Our Property Management Team has recently appraised this side to rent for $260-$270/week.

SIDE TWO:
Currently operating as Art, Craft and Collectibles’, the tenant is currently under lease and is more than happy to continue on if required. This side of the property has not only generated a consistent rental income for the current owner but has provided a trusty income for the tenant by offering the community and visitors unique gifts imported from afar. Once past the expansive shop front, you will find living quarters at the rear. With a bedroom, bathroom and a casual living area adjoining the kitchen, it’s the perfect manager’s residence or a fully self-contained home for the live-in business owner. Investors may be interested to know that this building is currently let for $250/week. Imagine your potential rental yields if both side were to be leased. Here you can implement your own idea’s (STCA) or negotiate the operational business if that is your desire
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ADDITIONAL IMPROVEMENTS:
The quarter acre allotment not only provides ample space for the large premises but also enough room for vehicle access to the rear via the side lane way. At the rear you will also find the original shed which is over a century old as well as double lock up garage. The surprises don’t stop there, you will also enjoy the benefit of owning a separate studio/workshop which has previously been used as the Ulmarra Op-Shop. The studio is inclusive of kitchenette, large open living/work area as well as two rooms and small veranda.

Whether it’s the convenience of working from home, the investment potential or the excitement of owning a historic style building in a street full of creative flair, you will love the ideal lifestyle balance of work, rest and play found here in Coldstream Street.

Two homes, two shops and a studio in one massive package.Hello Lifestyle, Hello Income,Hello dream come true!

Make your dream a reality and book your inspection today.