Built in circa 1884, this breathtaking building is located in Dowling Street, Dungog and was designed by renowned architect, the late John Pender.
As you step through the iron gates your attention is instantly drawn to not just the sheer scale of the property, but to the stunning grounds that encompass it, which have been maintained to an exemplary standard.
Originally built for the Commercial Banking Company of Sydney, the property has been utilised for both residential and commercial purposes since its completion.
This opportunity may be utilised as a grand residential home or as a mixed commercial and residential investment such as a B&B, restaurant, Air bnb, all subject to council approval.
The property is zoned B2 Local Centre.
There are 3 bedrooms in the main residence and multiple living areas.
Polished floor boards feature throughout, as do marble and cedar fireplaces, ornate ceilings and plaster work, timber architraves and skirting boards.
There’s a beautiful, large country kitchen and plenty of period detail.
The residence also offers air conditioning, a large laundry, mud room and first and second level verandahs and a garage.
The premium corner location is framed by established gardens and wrought iron fencing.
The commercial tenancy is currently fit-out for a bank.
The lease is due to expire in December 2019 and offers a 12 month option for renewal. The rental income is approximately $32,452 pa plus GST.
The commercial space includes a lunch room and amenities.