Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. Rare Georgian style heritage building in a historic country town is for sale.
2. The property has been extensively renovated and is currently operating as a gift shop and fully licensed French cafe.
3. The property is spread over approximately 1214 square meters with beautifully landscaped courtyard gardens.
4. The property has multiple usage potential, subject to council approval.
5. The town of Latrobe is experiencing fast housing growth, making it a desirable location for investment.
6. The property has main road frontage, offering free advertising.
7. Upstairs, there are 4 rooms with French ceilings, a kitchen, office, and bathroom, making it suitable for living or use as a BNB.
8. The French cafe downstairs has a courtyard, making it ideal for functions, weddings, and musical gigs.
9. The gift shop and gallery, accessed from the front of the building, sells a range of gifts.
10. The cafe has a loyal customer base, including locals and tourists, and is popular for its fresh food, high tea, and coffee.
11. There is huge potential to convert the gift shop into a fine dining restaurant, as there is a high demand for food in the area.
12. Latrobe is a popular tourist destination, with thousands of visitors each year, attracted to its historic buildings.
13. The property has separate access points, allowing for different sections to be rented out separately without affecting each other.
14. The cafe can seat approximately 38 people indoors and 60-70 people outdoors.
15. The property is equipped with approximately 35 solar panels, resulting in low power costs.
16. A brand new toilet block has been installed in the courtyard.
17. The property is being sold as a freehold going concern, with no financials supplied.
18. The property offers a complete package for investors, with the opportunity to live and operate a business or find a tenant.
19. Interested parties can fill out a confidentiality agreement