27 Bate St, Central Tilba is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 748m2.
Nestled in the heart of the historic and charming Central Tilba, the opportunity offers a fully renovated, appealing, 3-bedroom residence with two inviting shopfronts at the front and 2 off-street parking spots, presenting a unique and exciting opportunity.Two shop fronts (with separated power), both renovated, give you scope, with separate power entrance ways with a shared bathroom.The beautifully restored country-style home, which has been thoughtfully designed, seamlessly blends comfort and functionality. Featuring three bedrooms and an open-concept living area, with pressed metal walls and ceilings that yoursquo;ll love, giving you a warm and inviting atmosphere. The modern kitchen is perfect for preparing delightful treats and family meals and the restored decks on either side give you privacy on one side and the wonderful north-facing outlook over Tilba Foothills.Shop 1 - Rental $500 (current lease in place with Bath Patisserie)Shop 2 - Rental Potential - $300-$350 (Share Bathroom)3-bedroom Rental - Potential Income $450-$500Total: $1,250-$1,350/weekThe dual shopfronts at the front of your residence provide maximum visibility for the businesses in place - attracting foot traffic and creating a bustling atmosphere. Central Tilba is fast becoming one of the ldquo;must-seerdquo; attractions on the South Coast and now is the time for you to become a part of the action.Key Features:- 3-bedroom fully renovated residence with a perfect blend of comfort and style - Dual shopfronts for maximum visibility and foot traffic.- Shop 1 with a lease in place - 2 Off-street car parking spots - Concrete driveway - very rare in Central Tilba- Loads of storage under the house- Ideal location in the heart of Central Tilba- Commercial opportunity for the rental of the 3 premises Flexibility as well as you can convert back to one full residence only without any business when the leases expire for the current businesses.Your ideal lifestyle awaits - act now and make it yours!2 off street parking
The size of Central Tilba is approximately 38.9 square kilometres. It has 4 parks covering nearly 39.1% of total area. The population of Central Tilba in 2011 was 391 people. By 2016 the population was 279 showing a population decline of 28.6% in the area during that time. The predominant age group in Central Tilba is 60-69 years. Households in Central Tilba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Central Tilba work in a managers occupation. In 2011, 81.2% of the homes in Central Tilba were owner-occupied compared with 80% in 2016.
Central Tilba has 237 properties. Over the last 5 years, Houses in Central Tilba have seen a 68.01% increase in median value. As at 31 October 2024:
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