PASSIVE INVESTMENT OPPORTUNITY
Currently providing short term tenancy, the property has an income stream of just over $2000 per week. The Manor is being sold WIWO, it's ready to move in and enjoy a passive income stream.
There is a registered commercial kitchen and licensed restaurant onsite, it’s not operating at the moment but has been very popular with locals and tourists alike in recent times. If you enjoy cooking, you can reap the benefits or there is the potential to sub lease this area out.
The Malanda Manor is ready for its next entrepreneur to take it to its full potential of profitability. Extensively and lovingly renovated, this Grand Old Lady has an array of options to how you would like to operate the business. Situated on popular road that connects the coast with the Tablelands, it has ideal roadside exposure.
In the prior years the establishment has been used for holiday accommodation, murder mystery parties, weddings and small work conferences which have always been well received due to the unique cozy country setting which makes it ideal to bring family, friends and colleagues together. The accommodation and restaurant are council approved with additional approvals in place for a shop and animal farm.
Inside the property features the following:
Ground floor:
- 1 x 2 bedroom apartment which can comfortably accommodate up to 6 guests fully self-contained with kitchenette and private bathroom.
- 2 x Stand alone rooms with shared bathroom and separate shower.
- Common room with pool table and access to the back patio.
- Commercial Kitchen with impressive fit out and new commercial grade flooring installed 2022
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