4 Mellish Street
Beechworth


$585,000

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2
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Property Features


Property ID: 3328378

Land Size
1830.00 m2
Floor Area
835 m2

Deck
Evaporative Cooling
Gym

PURPOSE BUILT GYMNASIUM BUILDING WITH DEVELOPMENT POTENTIAL


This large 835m2 (approx) purpose built squash and gymnasium building sits on a prime 1,830m2 (approx) allotment of General Residential Zone - Schedule 1 land in the heart of historic Beechworth within close proximity to the centre of town and the Gorge Reserve. Currently leased on a monthly basis to the Beechworth Fitness centre with a rental return of $45,300.49 net of outgoings and GST. This is the ideal opportunity for a new owner occupier to continue the current use or look to use the vast building for any number of purposes subject to planning guidelines. Alternatively with a little imagination the zoning allows for a townhouse conversion of the existing building resulting in potentially up to five large townhouses which would be of immediate appeal to owner occupiers, investors, holiday home buyers and down-sizers alike (stca)! Inspection is strictly by appointment, so call today!