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63 - 65 Lurline Street Katoomba, NSW 2780

Sold for $1,050,000 on 11 Oct 2015Floorplan
  • 13 Beds
  • 5 Baths
  • 1 Car
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63 - 65 Lurline Street, Katoomba, NSW 2780

House in Katoomba

Redevelopment / Investment Opportunity

  • 13 Beds
  • 5 Baths
  • 1 Car

Historic Astor Guest house plus adjoining property to be sold in one line. Although no longer a guesthouse this property is Zoned Village - Tourist. Could suit multi unit or accessible housing development (subject to council approval) The guest house is need of some renovation but has had a steady income from full time tenants in its present condition. The adjoining property is a house plus dual garden flat; 3 lettable areas in total 2 tenants still in place until November. The total land size is 1637m2 approx and the properties are separately titled. Both properties have 2 street frontage.
This is a great property if you looking for a yielding investment, or potential development site with a great strategic position close to the town centre. Current owners motivated to liquidate assets. Recent building report and survey available.

Features:
  • Single Garage
Land:

1,637m² / 0.4 acres

Bedrooms:

13

Bathrooms:

5