See price guide below.
Located only a short distance from the town centre, you are within easy walking distance to all of Pembertons attractions including the wine bars, cafes, galleries, shops, and of course the pub. Looking for an investment property or can you picture yourself living or holidaying here? See yourself sitting back on the front verandah and taking in that beautiful winter sun that this timber deck attracts.
As you can see from the floorplan we have the traditional Mill House layout with the lounge room at the front of the house, with three bedrooms to one side. The kitchen has been renovated and keeps the traditional old country style with the Metters stove in place and ample space for a dining setting. The spacious bathroom has been modernised and has floor to ceiling tiles.
Sitting on a fully fenced 763sqm lot within the Pemberton special heritage zone, you can choose to live here full time under the residential zoning or you can do as the current Owners have done and leased it out (which are always in high demand here in Pemberton) or it could be your holiday home.
The property is currently leased until 28 September 2020 at $270 a week and the tenants would like to stay on.
The property is a leasehold property, but before you dismiss it, changes are being made and some of the current leaseholds are in the process of being converted to Freehold, so the opportunity to purchase the land is becoming reality. Please contact me directly so I can update you as to the current situation and who to contact for further information.
As to price, the Seller is open to offers based on 2 recent leasehold sales in the precinct:
11 Kelly Street has just sold for $180,000 (July)
10 Karri Rise sold for $192,000 (June)
We would love to show you through this updated cottage, these do not last so be quick to view.
What do you need to know about these leasehold timber cottages.
*The new Owners will be granted a new lease of 25 years with a further two options of 25 years + Shire rates ($1,488).
*Once the Transfer to the new lessee has occurred, a Variation of Lease document will be lodged by the Department of Lands to change the commencement date of the lease to the date of Transfer. The new lease term will be 25 years with two further terms of 25 years, commencing on the Transfer date. We can email you a copy of the current lease and the changes that will varied into the new lease.
*The new lease will be $2,600 a year, ($1,300 every six months (payable 1 Jan and 1 July each year),
*One off document preparation and document lodgement fees are applicable (approx $646 & $168.70) to create the new lease and to be lodged.
*The cottage is within the Heritage precinct being a great example of one of a very few timber clusters of historic timber workers cottages. Grants to carry out works are available each year on a limited basis.