Built Circa 1880, this magnificent estate is a testament to the grandeur of a by-gone era. Standing high and proud on an elevated 2000sqm (approx) block of land in one of Burwood’s most convenient and sought after positions.
Originally the home was called “Coombra” and in 1930 the name was changed to “Craig Ellachie” at which time the home was converted, and now accommodates 10 fully self – contained flats, comprising single, double and twin rooms over 2 levels.
Clearly visible from the homes striking traditional faade are three Romantic Art Nouveau towers, the one to the North East corner of the house is octagonal and has a diamond pattern slated spire roof, and a large semi-circular stone arch leads through the front entrance to the homes grand main central staircase.
The property is surrounded by huge private grounds with room for a tennis court, there is also a triple lock up garage and parking for every apartment.
Zoned R2 low density and currently running as a registered boarding house, the property enjoys excellent cash flow with a very low vacancy rate being located in one of Burwood most convenient positions within 500 metres to Burwood train station, shops and cosmopolitan cafes.
Tightly held by the same family for over 60 years, this is truly a once in a lifetime opportunity to purchase a significant part of Burwood’s history.