For those dreaming of leaving the city grind behind, a unique property in the quaint village of Mandurama in regional NSW could be the perfect escape.
Located at 11-13 Olive Street, Mandurama, this 2,023sqm property offers not just a home but a thriving business opportunity and the chance to live a slower lifestyle.
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The property at 11-13 Olive Street, Mandurama is on the market for $775,000. Picture: Realestate.com.au/buy
The property is listed for sale for $775,000, and includes a four-bedroom home, a café, an Australia Post outlet, and a charming hall that could be transformed into another business.
Selling agent Mitchell Bestwick from Bestwick Real Estate said the property offered multiple income streams and the potential for an additional one, suiting a range of buyers including those seeking a tree-change.
“The property is impressive, and it’s got a lot of potential,” he said.
“There’s another building that’s not being utilised by the current owner, so it could be something to work on and the community benefits from.
The modernised formal lounge room comes with an open fireplace. Picture: Realestate.com.au/buy
“In my eyes, it could certainly be a wine cellar for local wineries to rent the space or something else.”
Mr Bestwick said the property was versatile, noting that it could be the perfect opportunity for someone looking to embrace a more hands-on lifestyle.
The cafe is fully functional and finished with a commercial grade kitchen and cool room. Picture: Realestate.com.au/buy
“It’s going to be for buyers who want to get in and not be work for someone else, it’s going to be for anyone who wants to be in control of their life and their destiny,” Mr Bestwick said.
He said the current owners had improved the business since they made their own tree-change two years ago but were ready to seek out new opportunities.
Exposed beams and original timber floors add to the charm of the unused hall. Picture: Realestate.com.au/buy
According to the listing, the business generated a gross overall income of about $420,000 per year.
The business income came from two mail run contracts to service the surrounding area, an Australia Post contract, cafe sales, and newspaper, magazine and knick-knack sales.
The unused hall has plenty of character and has the potential for a variety of new uses. Picture: Realestate.com.au/buy
There was the opportunity to also rent out the home as a long-term rental property or run it as an Airbnb, the listing said.
The two-storey home had a formal lounge with an open fireplace, a kitchen with modern appliances, and an updated dining room.
The corner property spans 2,023sqm in the centre of town. Picture: Realestate.com.au/buy
It featured a downstairs bathroom with a separate toilet sitting beside the laundry, and a hidden mudroom providing a large walk-in pantry option to the kitchen.
There was also a study area underneath the stairs and a sitting area at the top of the stairs.
The charming village of Mandurama could be the perfect tree-change for anyone looking to escape the city hustle and bustle. Picture: Realestate.com.au/buy
The unused rustic hall came with a prominent street frontage and double door access into an open barn area with exposed beams and original timber floors.
It offered a reception area with a built-in bar and a pot belly fire to greet guests on entry, as well as a triple carport off the side.
The property’s location was another major drawcard, situated at a major intersection in Mandurama that served as a main link between Bathurst, Orange, Canberra, and Cowra.
