18 Stubbs Street, Lake Grace WA 6353

Beautiful Old Bank Now a Business from Home Opportunity

If you are looking for a large home (300m2 approx.) on a large 1057m2 block, that has recently been renovated, and has a business and home opportunity, then this centrally located brick and iron building could be what you are looking for.

Formerly a Bank, this property has been substantially renovated to replicate it's former appeal and old world charm. The property features high ceilings and beautiful wide polished timber floors. The renovation has seen the former bank space and former managers residence combined to create a seamless area, which could be used as a large residence and/or a variety of commercial options.

The property features 3 large bedrooms with built in robes, 2 bathrooms and 2 toilets, kitchen complete with walk in pantry and sink, a formal dining room, air conditioned lounge, office (which could be a 4th bedroom) and a large open area which would make a great work space/ reception area/living area/hobby area or games room. There is a lockable strong room with a large safe for security.

The property has previously gained local government development approval for "short term accommodation" to accommodate a maximum of 6 guests, and a "reception centre" permitted to accommodate a maximum of fifty (50) people. Although the development application has lapsed, the potential to comply with the outstanding development requirements still remains and could be re-applied for. The double toilet block at the rear of the property is connected to sewer, electricity and scheme water and could be renovated to be part of future development.

This property offers plenty of potential for a business (i.e. Draftsman, Rural Valuer, Farm Management Consultant, Artist etc) to operate from the old bank teller space and managers office with still plenty of space for you and the family.

The property is just minutes walk to all of the town facilities including grocer; butcher; hairdresser; clothing shop; pharmacy; 2 cafe's; hotel; hardware; bank; post office; school; play group; day care; sporting ovals; pool etc.

Make no mistake, this property is genuinely on the market and the purchase price includes all furnishings seen in the photographs. There is nothing for you to do, just move in and enjoy!

Price $300,000 to $315,000