The former Grand Central hotel has become available for the astute investor .
Yes, it needs some work, but what a great position, and with the lack of short term accommodation and the mining to start in the near future, this is a no brainer.
Upstairs there are 14 separate bedrooms making the potential for a Backpacker/Hostel a definite consideration (STCA), especially for the approximate 6 months picking season or convert into flats for short or long term accommodation.
Downstairs there is the original bar/dinning this also could possible be converted to accommodation (STCA). So many options go with this property. Also there is a fully functional fire system in place .
But wait, there’s more … to the right-hand side there is a fully fitted retail shop currently rented by a hair salon at a weekly rental of $250.00.
Call Garry today for an inspection on 0439115391.