If you are looking for a cute timber mill cottage with very little work involved then take at look at this little gem! It’s a little more comfortable than some of those needing a complete renovation. This has the wood fire, split A/C as well as a functional kitchen and modern bathroom. The cottage has also been restumped and lifted well off the ground (see pics).
The property currently has good tenants on a periodic lease at $180 a week and the tenants are prepared to increase their rent if needed. The tenants would love to stay but realise it may be sold with vacant possession, your choice!
Like all of the cottages in this community this cottage is a leasehold property.
What do you need to know?
*The property is a leasehold property with a lease until 2024 plus a further option of 21 years after that (yes that’s why it’s cheap!).
*The fees are $1,169 per quarter with buildings insurance (or $1,079 with your own insurance)
*A copy of the sub-lease can be easily emailed to you upon request
*There are no Shire rates, these are within the lease
*Water supply is via the Gardener River and owners have rain water tanks for drinking
*There is a caretaker living on site
*Only 24 Km’s to the coast of Windy Harbour
*People have renovated their cottages and used them for holiday homes, permanent homes or rented out as long-term investments with an excellent return.