* Situated in the picturesque rural village of Drake, this versatile property has enjoyed a colourful history, including operating as the local hardware store for many years and is on around half an acre of land.
THE SHED & WORKSHOP
* Currently leased to the local mechanic until September 2027
*Substantial warehouse-style shed of approximately 700m², offering an abundance of space and versatility.
*Two large workshop areas with exceptionally high roof clearance, ideal for a range of industrial and commercial uses.
*Three-phase power connected.
*Large mezzanine area providing excellent additional storage.
*Generous side yard with ample parking and turning space for trucks, machinery and larger vehicles.
STUDIO ACCOMMODATION & FACILITIES
*Separate quarters incorporating an office, three additional rooms and a modern kitchen.
*Gas hot water system.
*Separate toilet and shower facilities.
*Ample rainwater storage, including a recently installed large water tank.
*Septic system in place.
A SOLID INVESTMENT AT A GREAT PRICE
*Currently returning approximately $26,000 per annum, with minimal outgoings, this property presents an attractive opportunity for investors seeking an established income-producing asset in a rural location and located conveniently just off the main highway with passing trade.
*The area is currently popular with tourists and has several small gold mining operations making it a great investment.
LOCATION – DRAKE, NORTHERN NSW/ NORTHERN TABLELANDS AREA
*Drake is a friendly rural village surrounded by beautiful State Forests and National parks. The village offers a The Iconic Lunatic Hotel, very popular with tourists, Community hall, community centre, men's shed and local cricket team, providing a welcoming rural atmosphere.
* Gold panning, swimming, camping, motor bike riders, with the Rocky Timbarra River just a short 15 minute drive away, enjoy the peace and quiet of a rural village with a great community and added bonus of passing trade.
* 55km from Tenterfield, just over an hour to the Qld Border, Stanthorpe Granite Belt with local vineyards, restaurants, award winning tourism town of Australia.
*Just over an hour from Casino, NSW.
All information contained herein by Rocky River Lifestyle T/A Amanda Johnson Realty is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Please note, maps shown are for reference only and not drawn to scale.
Air Conditioning
Fully Fenced
Gas Hot Water Service
Mains Power
Secure Parking
Shed
Water Tank
Workshop